Archive for the ‘Uncategorized’ Category

The Dangers of ‘Autopilot’

Wednesday, May 25th, 2016

According to research recently published by the Automobile Association (AA), 1 in 7 drivers often experience episodes where they are unable to recall the last several minutes during a drive. These episodes are sometimes referred to as ‘driving on autopilot’ and most often affect drivers between the ages of 25 and 34 years old.

While these episodes may seem harmless, they actually reflect periods of lax attention while driving and are potentially hazardous. In fact, a recent government survey revealed that the most common factor identified by police officers in motor vehicle accidents was the failure to look properly. In addition, inattention ranked as the most common cause for fatal accidents.

(more…)

Avoid These 7 Common Travel Scams

Friday, May 13th, 2016

Summer is getting closer—as you think about planning your next holiday, make sure that you can protect yourself against these seven common travel scams:

1. Distraction theft: Remain aware of your surroundings, regardless of how crowded the area may be, especially when interacting with other people. Thieves may try to distract you—even just by asking for directions—in order to rob you.

(more…)

Professional Indemnity cover -Aggregate or Any one Claim ?

Thursday, May 5th, 2016

When buying professional indemnity insurance it is important to check whether the cover offered is on an ‘Any one claim’ or in the ‘Aggregate basis’

With and Any one claim basis of cover every single claim that you make during the insurance year is entitled to the Full indemnity limit.With aggregate cover each claim is paid out of the specified Indemnity limit and this means that there is less money then left in ‘ the pot’ to cover any subsequent claims.

(more…)

Drivers on the phone are at more risk of crashing

Thursday, May 5th, 2016

According to recent research conducted by telematics firm Wunelli, using a handheld phone while driving nearly doubles a motorist’s risk of being in an accident. Even using a hands-free phone increases the probability of being in an accident—by as much as 20 per cent.

The research is clear—no matter whether drivers use a handheld or hands-free mobile, their accident risk is increased due to inattentiveness. While on the phone, a driver may go into ‘autopilot’ and not focus on the potential risks. This is reflected in Wunelli’s research, which shows that using a phone while driving increases hard braking (a hard and sudden stop) by 75 per cent. Besides reducing the amount of time that you have to avoid potential risks—such as an animal sprinting in front of the vehicle or rubbish blowing into the road—hard braking is rough on your brakes, and shortens their lifespan and overall quality.

(more…)

Talks with new Professional Indemnity Underwriters

Friday, April 29th, 2016

Hensure are in talks to bring Arch Underwriting on board as another underwriter of professional indemnity on our scheme. This is an exciting opportunity for us, as  Arch are particularly competitive on Professional Indemnity risks involving Engineers/ Architects and Design and Build Contractors.

Professional Indemnity Insurance- Factors to Consider- Limit of Indemnity

Thursday, April 28th, 2016

Professional indemnity insurance protects you or your business against claims relating to negligence, errors, mistakes and breach of professional duty that you make which cause your clients a financial loss. If you provide advice or professional services to other businesses then you may well need professional indemnity insurance to protect you.

The Limit of Indemnity required. This is the maximum amount of money that your Professional Indemnity policy will pay out in the event of a claim. This will need to be high enough to cover you in the event of a claim. You will need to consider the contract sizes that you are involved in or it may be that you are obliged to buy a certain level of cover to satisfy contractual obligations . It is important to note that increasing your limit of indemnity does not necessarily mean that the premium will increase to the same proportion. Most professional indemnity claims will settle below a total figure of                £ 250,000 and insurers take this in to account when setting premiums for higher limits of indemnity.

IT Consultants – Professional Indemnity Insurance

Wednesday, April 27th, 2016

Young business man shaking hands with senior manager in the office

IT companies and the services that they offer are not easy to categories, largely due to the wide range of business and industrial environments in which IT professionals work.

(more…)

Professional Indemnity Insurance- Factors to consider- Retroactive date

Tuesday, April 26th, 2016

Professional indemnity insurance protects you or your business against claims relating to negligence, errors, mistakes and breach of professional duty that you make which cause your clients to suffer a financial loss. If you provide advice or professional services to other businesses then you may well need professional indemnity insurance to protect you.

Retroactive date

(more…)

Design and Construct Professional Indemnity Insurance

Friday, April 22nd, 2016

This type of Professional Indemnity Insurance is now common place for contractors who incur a design liability, either by offering a design service as part of the overall service, or through working on a design and build contract basis where the design work is sub-contracted.

We have developed a fantastic on line quote engine that provides very competitive quotations for this type of insurance. The minimum premiums are very competitive compared to the rest of the market and provide an excellent level of cover on market leading policy wordings

Avoid Car Park Crash Damage

Friday, April 22nd, 2016

More than half of all UK motorists suffered some sort of damage to their vehicle in a car park in 2015, according to recent research. However, the majority of the damage was superficial and did not require the motorist to submit an insurance claim.
Nevertheless, 8 per cent of motorists surveyed said they would drive off if they hit another car, while two-thirds of motorists said that if they were to damage another vehicle, they would make the effort to notify the owner.
To ensure that you can avoid accidently damaging a vehicle, or having your vehicle damaged next time you are in a car park, follow these four parking tips:
1. Park within the white lines and as straight as possible.
2. Look for spaces at the end of the row, which may offer more room.
3. Fold in the side mirrors in tighter spaces.
4. Reverse into a space.
While the above tips are helpful, the most effective strategy is common sense—pay attention to what is happening around you when you are entering or leaving a parking spot, and be courteous of those around you.