Concerned about cover for the work you have done in the past? If you are, then you need to make sure that your policy has the correct ‘retroactive date’. Most types of insurance cover you for claims that occur from the start date given on wards only. This has to be the case otherwise insurers …
Professional Indemnity insurance can be a difficult concept to get your head around, as it protects you from claims of negligence. Unlike many types of other insurance, such as car or property insurance, there’s no physical asset to cover. Therefore, there is no tangible value or definite, potential loss to consider. This means that it …
Fire alarms provide early warning of fire to help evacuate a building in time to save lives and damage and it is therefore vital that they are implemented within your commercial premises. The Regulatory Reform (Fire Safety) Order 2005, appoints responsibility on a person within an organisation to carry out risk assessments to identify, manage …
As a company director, there are a variety of responsibilities placed upon you to act with care, in good faith, within the law, to act in the best interests of the company and indeed a responsibility to ensure that other Directors also do the same. Therefore, a claim may arise against you potentially if someone …
In this day and age, every business has a website. A website is a crucial part of a business’s customer engagement, and therefore not any old website will do. Clients will pay a web designer good money to design something that not only works and looks good but gets them business too. If a website …
Professional indemnity insurance can be an important type of cover that you may wish to obtain if your business provides advice or a professional service to clients. Below we have answered some of our most popular questions about this type of cover – take a look below to see if you can learn anything new! …
Business Interruption Indemnity Periods Business interruption provides cover for the loss of profit or loss of revenue following damage or disruption to business premises. This can also include the supply chain that prevents a business from trading normally or prevents trading altogether. Included in that policy is an indemnity period. This is the maximum period …
CFC have recently released their first ever cyber guide, explaining how cyber risk and insurance has evolved and how a good cyber policy addresses modern exposures. Below we have briefly summarised the key points of the guide, however the full cyber guide can be found via CFC’s website. What Does Cyber Mean? “Cyber” is on of the …
You may believe that you have arranged all of your business correctly under one policy, however you may be missing fundamental and critical cover to ensure that you have protected your property correctly. Who Owns The Property? If you own the property personally (or via a pension fund, separate business/company) then you should arrange cover …