Author: Tom Wood | Date: 05/08/2022
Categories: General
Insurance fraudsters beware! The insurance industry is fighting back on insurance fraud, to prevent negative impacts on the insurance premiums of the “honest majority”. Insurance fraud takes different forms. One is lying to an insurer when first taking out a policy, or deliberately concealing facts that would otherwise lead the insurer to charge a higher premium or not offer cover […]
Author: Tom Wood | Date: 29/07/2022
Categories: General
What does risk mean for insurers, and why is it so important to understand how it works? Here’s our quick guide. Here is a quick guide. You buy insurance to transfer the risk of losing out financially if specific events happen, away from yourself and onto the insurer. Those events could be anything from your home being damaged or destroyed, […]
Author: Tom Wood | Date: 25/07/2022
With free advice and comparison sites available online, why work with an insurance broker? Here, we share exactly what an insurance broker does – and the benefits of using one. What exactly is an insurance broker? They are an insurance specialist, dedicated to helping their clients find the right insurance for their needs, and at a price they can afford. […]
Author: Tom Wood | Date: 19/07/2022
Categories: General
You may be financially liable for costs arising from any alleged wrongful acts in your company. Here’s what you need to know about Director’s and Officer’s Liability cover. Holding a senior position as a director or an officer of a business is something that many of us aim for in our careers. But that responsibility also comes with some potentially […]