Archive for the ‘Uncategorized’ Category

8 Tips for Saving Energy This Winter

Monday, February 1st, 2016

January’s cold snap seemed to creep up on most of the country after our warm December kept thermostats low. To keep yourself comfortable as temperatures plunge without breaking the bank this winter, follow these eight energy-saving tips:

1. Set your thermostat to about 18 degrees Celsius (but not below 13 degrees) to ensure that your home’s pipes do not freeze.


An Update on 2015-16 Winter Flooding

Friday, January 29th, 2016

For two months, the United Kingdom has been battered by severe rainstorms and ruinous floods brought by winter storms Desmond, Eva and Frank. The cost of the damages these storms have wrought upon homes, businesses and general infrastructure has totalled more than an estimated £5 billion, and the Association of British Insurers (ABI) estimates that insurance payouts from storms so far will reach £1.3 billion. That averages out to an estimated payout of £50,000 for each domestic flood claim, compared to an average of £31,000 from the 2013-14 winter storms.

Because there has been no extended lull in this inclement weather, much of the ground is saturated with excess water. This has left many areas highly susceptible to more damaging floods. While volunteers and the army are currently erecting temporary defences to impede any forthcoming floods, it may not be enough.


Do you know how a Basis clause can affect your insurance ?

Friday, January 29th, 2016

Historically many insurance contracts have included what is known as a ‘Basis Clause’

The Law Commission has publically criticised Basis Clauses, and they now no longer apply to consumer insurance contracts. However for the time being they can still apply to commercial insurance contracts, although the new Insurance Law Reforms due to come in to force in August 2016 will mean that these clauses are no longer enforceable after that date. In light of the up and coming new legislation several large insurers have recently removed these clauses from their commercial contracts, but not all insurers have done so as yet.

You need to know exactly what clauses are in your commercial policies to make sure you are fully covered.


Cyber Crime Officially Becomes United Kingdom’s Most Common Criminal Offence

Wednesday, January 13th, 2016


In its latest report, the Office for National Statistics (ONS) included cyber crime in its national figures for the first time. Within the last year, it has been estimated that there have been more than 8 million incidents of cyber crime — effectively causing the recorded crime rate in the United Kingdom to double.

Cyber crime — which includes the theft of personal information, online harassment and bullying, and disruption of trade—was recognised as the United Kingdom’s most common criminal offence by the ONS. It can cost businesses, on average, up to £1.46 million. The best way to protect your business from cyber crime is to purchase cyber insurance.


Storing Your Antique or Classic Car in Winter

Thursday, January 7th, 2016

Winter is just as inhospitable for classic and antique cars as it is for people. Cold temperatures, ice and salt could cause costly damage to irreplaceable or rare parts. In order to effectively preserve and protect the value of your car, you must take the proper precautions, which include performing thorough maintenance and purchasing a comprehensive classic car insurance policy.

 Winter Maintenance Steps


Insuring Winter Sports Holidays

Thursday, January 7th, 2016

According to a survey conducted by the Association of British Travel Agents, 31 per cent of people going on a skiing holiday do not have the correct type of holiday insurance policy.

Winter sports holidays can be exhilarating, fun and relaxing, but failing to prepare beforehand can make your long-awaited skiing holiday go downhill quickly.

Neglecting important preparations, such as purchasing bespoke travel insurance, changes your holiday from enjoyable to stressful at the first sign of trouble. So before you leave, take the time to purchase a comprehensive policy or to ensure your current policy covers your winter sports holiday.

Winter Sports Holiday Insurance


6 Tips for Winter Driving

Wednesday, December 2nd, 2015

Each week, there are an estimated 150 drivers who are seriously injured or killed in motor vehicle accidents, according to the Royal Society for the Prevention of Accidents. And, with inclement winter weather making driving conditions more hazardous, that number could worsen.

Therefore, be sure to follow these six pieces of advice whenever you drive this winter:


Cyber insurance demand up at Lloyd’s.

Wednesday, December 2nd, 2015

Lloyd’s of London, one of the largest insurance markets in the world, has experienced rapid growth in the demand for insurance against cyber attacks.

Lloyd’s CEO Inga Beale said “Cyber risk poses the most serious threat to businesses and national economies and it’s an issue that’s not going to go away“


Reminder that Insurance Premium Tax increases on 1st November 2015

Monday, October 12th, 2015

On the 8th July 2015, George Osborne, The Chancellor of the Exchequer, delivered his Summer Budget for 2015 to Parliament. One change that will have gone under the radar for most of the general public is the decision to increase the rate of Insurance Premium Tax (IPT)

Changes to the standard rate of Insurance Premium Tax (IPT) will mean that from the 1st November 2015 this will be charged at 9.5% instead of 6 %. This will have the effect of increasing most forms of Insurance cover, apart from those that are exempt from IPT, by 3.5 %.

Terrorism Risks

Thursday, July 23rd, 2015

With the current threat from ISIS terrorists, the threat of a terrorist attack is once again high on the agenda.

The Terrorism threat has never really gone away but it has been changing.