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.

By |2019-06-19T11:26:57+00:00June 3rd, 2019|Insurance Advice|0 Comments

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 [...]

By |2019-05-13T12:09:38+00:00May 13th, 2019|Insurance Advice|0 Comments

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 [...]

By |2019-05-13T23:46:06+00:00May 13th, 2019|Insurance Advice|0 Comments

4 Steps To A Healthier Workplace For A Small Business

Aches, pains and illness for employees can all affect productivity for businesses. For a small and medium-sized Enterprise (SME), it only takes as little as one person to be off sick for it to potentially have an impact on your profits (for example missing a meeting with a potential new client because of illness). Not [...]

By |2018-04-25T10:31:19+00:00April 25th, 2018|Insurance Advice|0 Comments

Which Commercial Buildings Are Most Likely To Be Underinsured?

Almost three-quarters of commercial buildings with sums insured of £500,000 or less are underinsured, according to new data from rebuildcostassessment.com. 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 the [...]

By |2018-04-25T10:31:06+00:00April 13th, 2018|Insurance Advice|0 Comments