On 15 January 2021, the Supreme Court made an unprecedented decision. It ruled that small businesses affected by the Coronavirus pandemic should have their claims paid under Business Interruption insurance. The judgment was based on a test case brought before the Supreme Court by the Financial Conduct Authority (FCA), who regulate the insurance industry. The…
Most modern offices are entirely dependent on their computer equipment. If anything ever goes wrong with this equipment, work can quickly grind to a halt. So you do need insurance to cover your office computer equipment. But what sort of insurance do you need? In short, you need two types of cover – insurance for…
Growing numbers of small businesses in the UK are offering their employees private healthcare insurance. As employee perks go, private healthcare insurance can be costly for businesses. But the benefits more than outweigh the downsides. Indeed, even the smallest businesses could eventually see a return on their investment on private healthcare insurance. What is Private…
Both professional indemnity insurance and public liability insurance fall under the business insurance umbrella and are not a legal requirement in the UK. At first glance they both cover compensation, negligence and other claims however it is the type of these claims that makes them so different. Knowing what ‘types’ of claims each insurance product…
You May Be Operating Just Fine Without It But Business Interruption Insurance Might Just Rescue Your Business. Business interruption insurance is a type of cover that many small businesses and freelancers overlook. In truth though, protecting yourself against loss of income and increased working costs caused by unpreventable issues is one of the smartest moves…
Cyber Breach Insurance Is Your Reputation’s Lifeline Your reputation may be safe at present, but the threat of a cyber breach is unfortunately very real, and very constant. The digital arena is witnessing a shift towards more internet-based interactions between businesses and clients. This means protecting your company and these interactions from cyber attacks is…
Employers liability insurance So you think you don’t need employers liability insurance? Imagine that an employee that you hired is injured while working for you or operating on your premises. What happens next? You will likely face a lawsuit and a personal injury claim against your business which could cost you a fortune. You might…
Public Liability Insurance If you’re a small business owner, you might work from a number of places. Perhaps you work from home, from a coworking space or maybe a small office. One of the essential questions that you need to ask yourself is; ‘Do I have insurance to cover clients and visitors who come to…
Professional Indemnity Insurance Professional indemnity insurance is one of the top types of insurance that business owners and freelancers should have. It protects you in a number of situations, from accidentally offering bad advice to a client to unintentionally infringing on someone’s intellectual property. While you might think that you will never find yourself in…