Biggest threats facing SMEs in 2024 revealed by Allianz
New research by Allianz Commercial has found that inflation continues to be the biggest threat facing small and medium-sized enterprises (SMEs) in 2024.
The importance of setting an appropriate indemnity period
Underinsurance in business interruption (BI) policies is common, and can jeopardise an organisation's ability to fully recover following a loss.
Underinsurance – a continuing issue
All businesses are open to risk if they don’t have the correct level of insurance, and some, more than others, may be at risk of financial hardship as a result of being either underinsured or uninsured.
Closure of BT Redcare Operations
On 31st January 2024, BT announced that they had made the decision to close all BT Redcare operations on 1 August 2025.
Fraudsters Target Property Insurance Claims Amid Cost-of-Living Crisis
As British households continue to feel the squeeze from the soaring cost of living and high interest rates, some are resorting to fraudulent means to make ends meet. New data from Zurich UK reveals an alarming 88% spike in fraudulent property insurance claims over the past two years.
Theft is on the rise, so what can you do to protect yourself?
Over the past 12 months, the UK has faced a number of unsettling economic changes.
Concerned about crumbling concrete?
Reinforced Autoclaved Aerated Concrete (RAAC) has made the headlines recently for all the wrong reasons. This is due to concerns about the risk of sudden collapse in schools and other buildings where the material is used.
Cannabis farms and the importance of tenant referencing
The illegal cultivation of cannabis is a growing problem. Until recently, cannabis cultivation was generally large scale, often taking place in industrial units, remote warehouses and disused farm buildings, but since the Covid pandemic, police are increasingly finding smaller scale cannabis farms in residential private rented properties.
Risks of being both underinsured and uninsured
The cost of living is at an all-time high and, -as a result, it is evident that businesses are either reducing their cover or cutting it completely.
Changes to Car insurance
There’s so much to consider when buying a new car: how much will it cost? Will it have good fuel economy? Will I be able to insure it? Is it prone to theft?