Covid19 – Lockdown 3.0 Unoccupied Properties | Wilson Organisation


January 6, 2021

Covid19 – Lockdown 3.0 Unoccupied Properties

Covid19 – Lockdown 3.0 Unoccupied Properties

At the start of the first national lockdown commercial insurers took a very flexible position on business premises being temporarily closed due to Covid19 and for 120 days, the vast majority of insurers did not apply certain standard restrictions in their policies for unoccupied properties. This period has now expired and having entered a third national lockdown period on 6 January 2021, not all insurers have yet announced their position on businesses forced to close under the government regulations.

If your business premises are unoccupied as a result of Covid19 please advise your usual Wilsons contact, so that we can check with your insurer the position on policy cover and any risk prevention measures required or recommended.

Local Area lockdowns/restrictions

As in previous lockdowns it is expected that upon expiry of the national lockdown period, areas may have different tier classifications and regulations based on the appropriate government assessment of risk. In cases of local or area restrictions where businesses must close in order to comply with government regulations to control Covid19, insurers may consider a flexible approach. However, you should inform us if your premises become unoccupied for this reason. We can then check and advise you of your insurers approach which is likely to be for a set time period, or until the date upon which the restriction ends.

Commercial Tenants

If you have commercial tenants with an extended closure, or in local lockdown, please contact us with details.

Unoccupancy unrelated to Covid19

All insurers take the same stance where the reason for premises being unoccupied does not result from Covid19, with the unoccupancy conditions in the policy detailing cover restrictions and risk prevention requirements. If this relates to you and we have not been informed please contact us to provide further details.

We’re here to help…

If any situation above applies to you, please contact us with 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 inside or outside of the premises

We are continuing to provide support to clients as usual, although currently we are not able to do this face to face and insurer timescales are longer. Please do not hesitate to contact us, as always we are here to help.

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)