Buyers of commercial insurance should be aware of the Insurance Act 2015 which affects all business insurance subject to the law of England, Scotland, Wales or Northern Ireland arranged or amended after 12 August 2016. The change in law updates the legal framework to be more appropriate for modern business requirements. The key new requirement that businesses need to be […]
Author: Tom Wood | Date: 12/09/2016
Author: Tom Wood | Date: 30/08/2016
Cybercrime can and probably will be used as a tool to compromise the financial infrastructure of entire countries, says cyber-security specialist Phil Cracknell. From business protection to cyber wars, Phil gives us his insight into the future of hacking and how we’re all more at risk than we realise. What’s probably most concerning about all of this, is that small […]
Author: Tom Wood | Date: 23/08/2016
Sage software firm hit by data breach
Categories: General
A data breach at large UK software company Sage may have compromised personal information for employees at 280 UK businesses, it is understood. Police are investigating the breach and Sage is probing the “unauthorised access” of data by someone using an “internal” company computer login. The information was accessed at some point over the past few weeks. It is unclear […]
Author: Tom Wood | Date: 09/08/2016
The insurance act 2015
Categories: General
What is it? The Insurance Act 2015 is the most significant update to commercial insurance law in the last 100 years, overhauling principles originally laid down by the Marine Insurance Act 1906. The Act is the culmination of several years work by the Law Commission in conjunction with insurers, brokers and customers. It is designed to reflect the requirements of […]