Author: Tom Wood | Date: 01/06/2017
Categories: General
Jet lag is never pleasant and can affect a trip as you try to recover and get back on track. It is the result of your body struggling to adjust to new time zones and its effect on your sleep. The world has 24 time zones and each time we cross one of these zones our body’s natural body clock […]
Author: Tom Wood | Date: 18/05/2017
Categories: General
The Chancellors 2016 autumn statement included an increase to the standard rate of insurance premium tax (IPT) from 10% to 12% on 1 June 2017. The Chancellor noted that the standard rate remains below the VAT rate so further increases may be anticipated in due course. This is a quick reminder of the change and the dates to remember when […]
Author: Tom Wood | Date: 17/05/2017
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 […]
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 […]