Not only does it help protect your staff and keep members of the public safe but it also helps to prevent interruptions to day to day business activities and potentially expensive repair costs.
Recent data from RebuildCostASSESSMENT.com has highlighted how on average, buildings are covered for just 68% of the amount they should be in Britain. However, with rebuild costs rising rapidly, the current situation is likely to be even worse.
Explore the differences between a labour only subcontractor (LOSC) and a bona fide subcontractor (BFSC) and find out if you need Employers Liability Insurance.
Clients with business interruption (BI) insurance can now refer to a policy checker provided by the Financial Conduct Authority (FCA).
Suitable insurance forms a vital part of business continuity planning - but how can you be sure that you are buying the right amount of cover? Here we share some top tips from 'How to avoid underinsurance – A guide for small and medium-sized businesses' produced by the British Insurance Brokers’ Association.
On 15 January, the Supreme Court handed down its judgment on the FCA’s business interruption test case. It remains the case that most SME business interruption (BI) policies are focused on property damage and only have basic cover for BI as a consequence of property damage, so are unlikely to pay out in relation to the COVID-19 pandemic and its effects.
It is important to distinguish between temporarily closed premises due to COVID-19 and previously longer terms unoccupied premises, the responses contained below are specifically for temporarily closed premises due to government guidelines and will not apply for premises that fall outside of the guidelines.
It is now a legal requirement to carry a physical document known as a Green Card when driving in Europe.
The Financial Conduct Authority (FCA), the UK’s financial conduct regulator, brought court proceedings in July 2020 to test how certain business interruption insurance policies respond to claims arising from COVID-19.
Engineering Inspections 17, April, 2020 Insurer responses to engineering inspections Following the government decision to put the UK into lockdown, inspection service providers sought guidance from the HSE and SAFed on the approach required for statutory inspections. As of Thursday 26 March, inspections will be conducted in accordance with the latest HSE and SAFed (The [...]
