“If you are a director for a small company and your business is sued, you could find yourself personally liable.” Directors of companies of all sizes can find themselves on the receiving end of the law. Here are a couple of recent construction cases, which illustrate when things can go very wrong. The Fall A construction company has been fined […]
Author: Tom Wood | Date: 04/10/2016
Author: Tom Wood | Date: 28/09/2016
Insurance premium tax increasing to 10%
Categories: General
Following the budget earlier in the year it was announced the standard rate of Insurance Premium Tax (IPT) will increase from the 1st October 2016 to 10%. This is in line with the increase to 9.5% last year and any policy incepting or renewing on or after 1st October 2016 will be subject to the new standard rate of IPT. […]
Author: Tom Wood | Date: 15/09/2016
Professional indemnity claims are many and varied. As a professional it’s vital that you have adequate professional indemnity insurance in place-here are some examples of things that can go wrong: ERRORS An advertising consultant added the wrong telephone number in an ad. This resulted in a reduction in sales, the resultant income and a poor image of the brand. The […]
Author: Tom Wood | Date: 13/09/2016
Why you should use an insurance broker
Categories: General
If you are thinking of buying an insurance policy for something you do not know much about, or insuring something out of the ordinary, you should think about using an Insurance Broker. Even for run of the mill insurance requirements, many policies vary and it is important to get the best cover available at a competitive price. Insurance comparison sites […]