Author: Tom Wood | Date: 01/11/2017
Categories: General
At a glance Escape of water represents a large proportion of all property claims There are a range of common causes, making it difficult to manage and eliminate the risk entirely Our infographic explains how to approach escape of water risk management strategically, to achieve the best results Escape of water represents a large proportion of property claims, with insurers Read More…
Author: Tom Wood | Date: 24/10/2017
Recent changes to the Ogden Discount Rate will see personal injury claimants receiving larger lump sums. As a result, businesses need to review their current indemnity limits on Public Liability cover, or risk being under-insured. The following example explains why. A Public Liability claim was made recently against an SME covered by an Employers/ Public Liability policy with a £10m Read More…
Author: Tom Wood | Date: 17/10/2017
In May 2017, “WannaCry” ransomware reportedly hit over 200,000 computers in 150 countries, affecting many NHS Trusts in the UK. Operations and appointments were cancelled and ambulances diverted as up to 40 hospital trusts became infected by a ‘ransomware’ attack demanding payment to regain access to vital medical records. So what is the reality of a cyber-attack and how can Read More…
Author: Tom Wood | Date: 10/10/2017
Categories: General
Changes to the way lump sum payments are calculated means personal injury claimants will now receive much larger amounts, which we expect will be a major factor in causing insurance premiums to rise. Here, we explain the recent change to the Ogden “Discount” Rate and how it may affect you. The Ogden “Discount” Rate refers to a calculation applied to Read More…