Cash flow is the lifeblood of a business. When a business cannot trade for any reason the cash flow effect is magnified to the extent it could close a business. A major insurance claim not settled promptly could cause this result. Through no fault of its own a potentially healthy venture may be forced into […]

At a glance Employee wages represent a significant expense for most businesses, and therefore have a major bearing on gross profit sum insured calculations. There is a common misunderstanding about the role that wage roll plays in calculating the correct sum insured. We explain how to determine what proportion of a customer’s wage roll is […]

The fire consumed 13,200 houses, 87 churches, St Paul’s Cathedral and most of the city’s municipal buildings in 1666. It is estimated to have destroyed the homes of 70,000 of the city’s 80,000 inhabitants. However, out of the ashes of the fire arose the first mutual fire insurer. Thankfully fire prevention has improved greatly over […]

You must ensure that any gas appliances (permanent or portable), and gas flues that you own and provide for use by your tenants have regular gas safety checks. For more information see Regulation (36)(1) of the Gas Safety (Installation & Use) Regulations 1998. Gas safety checks are needed by: Landlords Housing associations Local authorities Hotels […]

Food businesses need to ensure that the requirements of food hygiene law are achieved while maintaining a ‘reasonable temperature’ in the workroom. There is not a conflict in law. Generally food hygiene law regulates the temperatures of food while health and safety law regulates the air temperature of the workroom. The few exceptions where hygiene […]