Storm Damage
There’s no single policy to cover storm damage, but damage caused by storms is one of the risks that can be covered by a number of business and landlord insurance covers.
Are you underinsured?
Are you underinsured? Underinsurance is a critical issue: post-loss it may mean the difference between survival and failure. If you insure for the wrong amount you may not receive the full value of your loss if you have a claim. This is the case even with a partial loss — if the overall sum insured [...]
Storm – General Maintenance
It may come as a surprise that according to research conducted by the Met Office, windstorms caused greater insured losses across Europe in the winter of 2013/14 than flooding.
Reducing the impact of storm damage
Reducing the impact of storm damage. Be Prepared...
What happens after a major incident?
We all know that the modern business environment is highly competitive. If you are unfortunate enough to suffer a major incident or interruption then it will be a challenge for you to continue to satisfy your clients and remain in business.
Should VAT be included in rebuild costs?
One of life’s great unanswered questions: Should VAT be included in rebuild costs?
WHICH COMMERCIAL BUILDINGS ARE MOST LIKELY TO BE UNDERINSURED?
Analysis of the findings of almost 4,000 rebuild cost assessments carried out by Insurtech start up RebuildCostASSESSMENT. com also revealed that while underinsurance becomes less likely as sums insured increase, the overall picture is one of widespread inadequacy of cover.
Claims Management
We understand a loss, damage or injury may occur which is when a claim will result.
Business Interruption
The most recent (2017) survey of Declaration Linked Business Interruption insurance by the Chartered Institute of Loss Adjusters (CILA) highlighted the ongoing concerns of underinsurance in Business Interruption (BI) claims. The latest survey, the fourth in nine years, identified that 47.5% of BI policies were arranged on a declaration linked basis and that 44% of [...]
A Guide to Credit Insurance
With the uncertainty of trade now and in the next few years, Credit Insurance should be a serious consideration around many board meetings. Real stress will be put upon the cash flow of a number of companies up and down the UK, due to fluctuating prices and the uncertainty with the UK leaving the European [...]