Uncertainty over any deal with Brussels coming to fruition is one more issue British businesses could do without. Various factors led to £5.86m of bad debts being written off by Britain’s British SMEs alone in the last financial year and the world’s largest trade credit insurer, Euler Hermes, warns that a no-deal Brexit would wipe out £3.5bn in UK automotive Read More…
Author: Tom Wood | Date: 18/12/2018
Author: Tom Wood | Date: 11/12/2018
Avoid being one of the 43% of businesses with inadequate business interruption cover
Categories: General
In recent months, we have seen two major fires ravaging buildings in Glasgow city centre – the Glasgow School of Art and Victoria’s night club – and ongoing impacts on Salisbury-based businesses following the nerve agent attack. Last year, we saw terrorism creating other issues for businesses suddenly finding their premises behind a police cordon. A fund of £5m is Read More…
Author: Tom Wood | Date: 05/12/2018
Make Cyber Insurance a Priority
Categories: General
The UK Cyber Centre, NCSC, established in 2016 to protect the UK from a cyber-attack – something viewed a threat as dangerous to the UK as terrorism – has prevented 1200 attacks in the last two years, according to its annual report. The central body overseeing cybersecurity in the UK is currently defeating around 10 attacks every week, as well Read More…
Author: Tom Wood | Date: 29/11/2018
Construction plant theft is on the rise
Categories: General
UK construction sites are increasingly being targeted by thieves and fraudsters who recognise the financial value of plant and machinery. The number of plant theft claims has risen steadily over the last five years according to research from Allianz Insurance plc. Whereas there were a recorded 428 claims of this nature in 2013, this had increased to 665 in 2017. Read More…