Covid19 – Insurance Update | Wilson Organisation


May 22, 2020

Covid19 – Insurance Update

Covid19 – Insurance Update

The impact of COVID-19 (Coronavirus) is being felt across the globe. We understand this is an incredibly difficult time for families and businesses as people seek to make the right decisions for their own health, that of their family and their employees.

We want to assure you that Wilsons are continuing to operate with some of our team working from home and a core team in the office. If required please contact your usual Wilsons contact or call the office on 0115 942 0111 with any queries, as always we are here to help.

Each business will be making adjustments for Covid19. We are aware that some may cease operating from their premises temporarily, for a variety of reasons. Insurers have recognised that Covid19 and government action on social distancing, then stay at home measures may mean that some businesses will not be able to meet the unoccupancy conditions of their policies. As a result insurers have introduced changes to relax policy conditions to take into account this unprecedented situation.

We have established the position on business premises being temporarily closed due to Covid19 with the commercial insurers protecting our clients and are pleased to confirm that a flexible approach is being taken by those insurers. We will continue to monitor changes made by insurers as the government measures develop.

The action we need from you is to inform us if you have or will be leaving your business premises unoccupied temporarily or have commercial tenants vacating. We can then ensure you are aware of your insurer’s position and the precautions necessary during the temporary closure or unoccupancy.

If this applies to you please contact your usual contact or the office, we will need the following information:

  • If the premises will be opened periodically for goods collection/delivery or other work
  • Any problems with the usual physical security measures and alarm systems
  • Any problems with removal of trade waste from the interior of the premises or waste accumulated outside of the premises

If you have commercial tenants vacating, please contact us with details of the unoccupancy.

It is worthwhile emphasising that we are providing support to clients as usual, albeit currently we are not able to do this face to face and some insurer timescales are slightly longer. If you need to contact us please do not hesitate to do so.

On behalf of all at Wilsons take care and stay safe.

Over 100 years of innovation

  • 1914

    A successful launch! The Wilson Organisation was founded in Nottingham by Harold Wilson and became the first company in the East Midlands to offer a comprehensive insurance policy to the region’s fast-growing band of automobile drivers. Innovation from day one.

  • 1920s

    During the 1920’s, Wilsons developed its commercial insurance offering under the stewardship of Harold Wilson. Hopping forwards 80 years, Wilsons has developed a number of industry specialisms including a particular expertise in the food and drink sector. We created a unique insurance offering called “FoodProtect” and, through this service, have been able to deliver intelligence and cost-effective insurance programmes to a broad spread of leading food producers. The best thing since sliced bread? Maybe not, but we’re working on it.

  • 1949

    John Prow joined Harold Wilson in the business, marking the first generation of the Prow family’s involvement in The Wilson Organisation. Wilsons’ clients included leading Nottingham firm Boots The Chemist plus a number of operators in the burgeoning railway sector. With post-war regeneration beginning apace, the firm’s fledgling construction expertise quickly developed into one of our leading offerings and this continues through to the present day, with clients including national and regional builders, developers, contractors, sub-contractors and architects.

  • 1960s

    The 1960s were the start of a new era for The Wilson Organisation. Harold Wilson and John Prow died on the same day in 1963, Harold of illness and John in a car crash. This left John’s son, John J Prow, to run the growing business at the age of 27. Under his youthful direction, Wilsons benefited from a new energy and direction. John J Prow, who had joined in 1960 in a new business role, led the move into our current premises at Wilson House in 1964 and then launched the financial services division in the following year.

  • 1990s

    The late 1990s heralded the start of the third generation of the Prow family’s involvement in the business. Managing Director Charlotte Prow joined in 1998, to be followed by the firm’s Chief Executive, Annabel Prow, in 2002. Product and service innovation continued apace with the launch of a corporate finance specialism in 1997, which continues to deliver valuable cost-savings and insights to the region’s dealmakers.

  • 2000s

    Now century on from the launch of The Wilson Organisation in 1914, the company continues to encourage innovation and reward good ideas. Within the financial services team, 2008 marked the launch of “Flex”, a powerful employee benefit programme and the development of “WRAP”, an investment tool with a unique level of investor control and transparency. Meanwhile, our insurance advisers worked quickly to bring to market a specialist insurance policy for insolvency practitioners.

  • 2010s

    2010 saw the launch of the Midlands Family Business Awards by Wilsons, the UK’s only independent not-for-profit Awards for family businesses. Now in their fifth year, the Awards have raised almost £20,000 for charities supporting families and young people. In 2014 we are celebrating Wilsons’ centenary, a significant milestone in Wilsons’ history.

Registered Office:
Wilson House, 1/3 Waverley Street, Nottingham, NG7 4HG

Registered in England Number 862690 - Members of British Insurance Brokers Association

Harold Wilson (Insurances) Ltd. and Harold Wilson Financial Services Ltd. are authorised and regulated by the FCA (Financial Conduct Authority)