News & Blogs

The Rising Cost of Cyber

The Rising Cost of Cyber 12 August 2022 Only 43% of UK businesses have an insurance policy in place that protects them against cyber risks – shockingly only a tiny fraction (5%) of these have specific cyber policies catered to their needs. The modern risks businesses need to protect against now, such as cyber, wouldn’t […]

Insuring the Intangible

Insuring the Intangible 4 August 2022   For over 100 years we have insured material assets such as cargo and property but as the world changes, so do the risks and insurance has evolved as much as the world we live in. When Harold Wilson insured chemist Jesse Boot’s first Rolls Royce, car insurance was […]

Global Risks – The Digital Pandemic

Allianz Risk Barometer, the annual corporate risk survey conducted among Allianz customers, brokers and industry trade organisations incorporates the views of 2,650 respondents from the UK and across the globe. The Top 3 UK Concerns The 2022 report highlighting the most important business risks for the next 12 months and beyond, established that Cyber was […]

Architects Registration Board – PI Consultation

Architects Registration Board – Consultation on draft guidance for Professional Indemnity Insurance 18 May 2022 For some time we have been highlighting the challenging Professional Indemnity market. This time last year the RICS changed the rules for surveyors, making it even more of a headache to secure the cover they required. We are pleased to […]

Support for Ukraine – Insurance update

Like us, we know our clients want to help and support the people of Ukraine. The insurers we work with are doing the same, allowing flexibility within their policies to avoid unnecessary barriers that may stop or delay help reaching the innocent victims of this unfolding humanitarian crisis.

Join our Financial Services Team!

We are expanding the team and are looking for a Financial Services Administrator to support our Advisers and Account Directors, working alongside our existing team.

Property Insurance – Index Linking

Some Insurers are currently index linking at 12.8% buildings and 9.5% contents. This shows no signs of slowing down, with other major Insurers predicting their rates may even top 20%. Not all policies will be index linked and you MUST check your policy at each renewal to ensure the sums insured are correct.

Cyber threat heightened!

Following Russia’s unprovoked, premeditated attack on Ukraine, the  National Cyber Security Centre (NCSC) advises UK organisations to act on improving their resilience with the cyber threat now heightened.

LinkedIn Cyber Threat

Since the start of February 2022, cyber analysts have seen phishing email attacks impersonating LinkedIn grow by 232%.

Storm Safety

The word ‘storm’ may sound very vague, but it can encapsulate many types of severe weather. They can damage property and even potentially harm lives, especially in areas under the rare ‘Red Weather Warning’ in force for certain parts of the UK due to the anticipated ferocity of Storm Eunice.

Flooding – be prepared!

Flooding is impossible to prevent and usually difficult to predict, but with severe weather warnings issued as Storm Eunice approaches there is time to prepare. To try and help we’ve created a flood guide to help prepare for a flood and reduce the risk of excessive damage.

We’ve won the Feefo Gold Trusted Service Award!

We’re incredibly proud of our team for maintaining the highest levels of service to our clients, especially after the challenges of the last couple of years.

Italy – Compulsory insurance for Skiers & Snowboarders

All skiers and snowboarding holidaymakers will now need to ensure they have 3rd party liability insurance to use the slopes. The penalty will be a fine up to €150 and the withdrawal of you ski pass if you can’t show that you have this in place.

Omicron Cyber Scams

The new Omicron Covid-19 variant has not only led to the government reintroducing restrictions such as Work From Home, but cyber criminal gangs are using this new variant in a new phishing scam.

Season’s Greetings!

Season’s Greetings to all our clients, contacts, friends and their families

Stay safe up there!

The countdown to Christmas has begun! Sadly that also means thare’s a risk of people falling from ladders and stepladders as they hang decorations, lights and dress the Christmas tree.

In cyberspace, no-one can hear you scream

We may have stolen a sci-fi strapline, but what will cyber-criminals steal from you? Many people hide behind the fact that they’re not one of the big boys, so they’re not really targeted by hackers, but that couldn’t be further from the truth.

Home working fire risks

Pizza ovens, fire pits and BBQs were incredibly popular purchases or projects during lockdown, as was the rise in working from home in a ‘shoffice’ – which resulted in an increased chance of fire.

Holiday booked – what about your travel insurance?

With so many people finally able to take a long-awaited holiday, we’ve received many enquiries about Travel Insurance in relation to Covid-19, but don’t forget to check the other areas of the policy too.

The Green Card Free Circulation Area

On the 30 June 2021 the European Commission announced that the UK would be able to participate in the Green Card Free Circulation Area (GCFA). 

Business Masters Awards – Nominations now open

This week The Business Desk launched their East and West Midlands Business Masters Awards. Entries are now open – and as usual there’s a Family Business category!

We’re launching a new online family business community

A new not-for-profit online initiative which connects family businesses across the UK is launching today, providing businesses in the sector with interactive support and expert advice – and a fantastic community to be part of.

We’re proud to support POhWER!

Mental Health Awareness Week may be over, but it’s essential that the focus on mental health continues – problems don’t just go away when the ads stop and the email footers change.

What’s the true value of your home and contents?

Your home and its contents are your most important and valuable assets, both in terms of monetary and emotional value. And yet, so many of us insure them quickly and cheaply

New RICS Insurance Rules

Professional Indemnity cover continues to be a challenging area for many businesses, but with new rules from the RICS in respect of Professional Indemnity Insurance for surveyors, it’s even more of a headache.

30 Days Wild!

The Wildlife Trusts work with businesses to help people and wildlife, running campaigns and activities that inspire people to embrace nature and the wellbeing benefits it brings.

Pandemic boom in cyber-crime

We have seen an increase of over 30% in cyber-attacks during the height of the pandemic and UK businesses have lost over £6.2 million to cyber scams. But we haven’t seen is an increase in Cyber Insurance.

BI Claims

The spread of COVID-19 is unprecedented and this continues to be an incredibly difficult time for families and businesses, especially those that have been required to close or drastically reduce their operations throughout various lockdowns.

The Environmental Challenge

We have all seen the increase in single use plastics since the start of the pandemic; with our Covid Secure office we too are conscious of the negative impact these necessary steps are having on our environmental initiatives.

Flooding – be prepared!

Flooding is impossible to prevent and difficult to predict, but with Storm Christoph approaching and weather warnings in place we need to be on alert. We’ve created a flood guide to help prepare and reduce the risk of excessive damage.

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,Not all insurers have yet announced their position under the latest government regulations.

Winter Business Update

Although we are only just starting to see the really cold weather and storms start to bite, it is important that businesses understand the problems winter can bring. There are some common issues, whether you remain open during the lockdown or your business is required to close.

The Importance of Claims Management

The swift and efficient management of claims has never been more important, particularly for those that require professional indemnity (PI) insurance in such a tough market.

Season’s Greetings!

Season’s Greetings to all our clients, contacts, friends and their families

Winter Driving

With many areas of the UK in Tier 3 when we leave Lockdown on 2nd December, there won’t be many social journeys until Christmas. However, it’s still a good idea to be prepared for the worsening weather conditions, especially the cold icy mornings when visibility may also be limited.

FinTech – Top 5 Insurance Risks

Unlike the vast majority of business sectors in the wake of the Covid-19 pandemic the online industry is booming, attracting billions in global investment.

I want to ride my bicycle…

One of the big changes seen since the start of the pandemic has been the number of people getting on their bike – whether that’s to enjoy a safe commute, keep fit and healthy or to enjoy leisurely rides with the family.

Driving After Brexit – The Return of the Green Card

As a consequence of leaving the European Union (EU), the UK entered a transition period which ends on 31 December 2020.

Autumn Property Update

Whilst we are still in the grip of the Coronavirus Pandemic, almost everything else in life is taking a back seat. However, with the Autumn and Winter months now upon us, property owners and occupiers face a number of increased risks that need to be addressed.

Lockdown Home Insurance Claims

From flying toys to anti-bac sprays, new data released today by insurer Zurich shows flat screen TVs have been paying the price of lockdown. The insurer has reported a 22% rise in claims for flat screen TVs since lockdown began, with the average cost of damage at £580.

Cyber & Remote Working

Cybercriminals are capitalising on our need to work remotely. IT professionals have seen a rise of over 20% on attacks on remote workers, and all find that the threats are significantly harder to trace over home networks.

Wellbeing & Home Working

When the lockdown was announced in Mid March, many businesses managed the impossible; they got a large percentage of there workforce working from home successfully in a matter of weeks.

Covid19 – Insurance Update

At the start of the lockdown, commercial insurers took a very flexible position on business premises being temporarily closed due to Covid19. But what is the position now?

The Professional Indemnity Market

The professional indemnity (PI) insurance market, particularly in relation to high risk trades such as construction and related sectors has constricted, with many businesses in the sector facing increased premiums and reduced cover for their renewals.

Driving after lockdown

Following the COVID-19 lockdown across the UK, road travel decreased significantly. Now the restrictions are lifting, people are returning to the roads.

Covid19 – Returning to Work

As the government implements its plan to ease lockdown restrictions and rebuild the economy, businesses will be making their own individual plans for returning to work following the Covid19 pandemic.

Coronavirus Statement

As the fight against with Coronavirus COVID-19 in the UK continues, I wanted to assure you that we’re here as always to support you.

Business Masters Shortlist Announced!

The judges for TheBusinessDesk.com’s East Midlands Business Masters Awards 2020, including our very own Charlotte Perkins, have met to review the nominations received.

East Midlands Business Masters Awards

For the second year, we will be supporting the Business Masters East Midlands and are sponsors of the Family Business category.

Winter update for businesses

Although we are only just starting to see the really cold weather and storms start to bite across some parts of the UK, it is important that businesses understand the problems winter can bring.

Winter update for home owners

Cold weather, snow and storms during the winter months is likely to bring the usual problems for you and your home. 

Flooding – be prepared!

Flooding is impossible to prevent and difficult to predict, but to try and help we’ve created a flood guide to help prepare for a flood and reduce the risk of excessive damage.

Conference Line-up Announced!

An exciting and varied line-up of guest speakers are set to take centre stage at the inaugural Lincolnshire Family Business Conference on Thursday 4th July.

Wilsons supporting the Family Business Network conference

The inaugural Lincolnshire Family Business Conference is to take place on Thursday 4th July at The International Bomber Command Centre in Lincoln.

It’s a family affair!

Entries are now open for the 2019 Midlands Family Business Awards, organised by Wilsons, with three new categories added to mark the 10th anniversary.

Family Business Awards’ deadline extended

The deadline for entries to the 2018 Midlands Family Business Awards, organised by Wilsons, has been extended by two weeks to midnight on Friday 27 July.