A cyber-attack that has hit 150 countries since Friday should be treated by governments around the world as a “wake-up call”, Microsoft says. It blamed governments for storing data on software vulnerabilities which could then be accessed by hackers. It says the latest virus exploits a flaw in Microsoft Windows identified by, and stolen from, US intelligence. There are fears Read More…
Author: Tom Wood | Date: 17/05/2017
Author: Tom Wood | Date: 17/05/2017
Business interruption (BI) is a complex area of insurance, which requires a good level of understanding to achieve the right outcomes for customers. There are a number of key elements to consider when setting a gross profit sum insured which is defined as: Gross Profit = Sales – Production However, this is not correct for insurance purposes and Insurable Gross Read More…
Author: Tom Wood | Date: 15/05/2017
Managing small fleet risk
Categories: General
The Health and Safety Executive estimates one-third of all road accidents involve an at-work driver, which means it’s never been more important to ensure your vehicles are safe and your drivers are safety-conscious; options to help you manage your small fleet risks include: Telematics Simple smartphone apps are available for small fleets telling you where your vehicles are at any Read More…
Author: Tom Wood | Date: 12/05/2017
At a glance Customers may not appreciate the wide range of factors that insurers must consider when calculating premiums This can cause frustration if premiums change and do not meet a customer’s expectations To help you in discussions with your customers, we update some of the key factors that can influence their insurance premiums A wide variety of factors affect Read More…