The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who are facing uncertainty on their claims. The move comes after an […]
Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and individuals affected by Covid-19. This covers payments on business […]
As has been well reported over the last month or so, the insurance industry is under fire for failing to pay business interruption claims, as noted by Jonathan Compton, partner at law firm DMH Stallard. […]
Specialist insurer Hiscox today announces a partnership with LeakBot, the smart water leak alarm, to provide its leading leak detection system to customers. Helping to protect homes from water damage in the event of a leak, the […]
Incidents like the recent ransomware attack on Travelex show how costly an online hacking, data breach or malicious threat can be to any business. Days lost fire-fighting the problem, long term reputational damage and customer […]
BHIB Insurance brokers have been doing some big thinking over the festive break and launched a new brand, aimed at tapping into the fast-growing gig economy sector. More people in the UK are trying to […]
High profile cyber attacks on large businesses have raised awareness of the growing threat of cyber crime. However, many smaller businesses seem to be operating under a false sense of security, believing they are too […]
Almost 90% of SMEs are not insured for cybercrime despite recognising it as the biggest threat to their business, a new study has found. A survey of more than 500 small business owners across the […]
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