UK bosses could face a wave of coronavirus – related Directors & Officers claims Administrators, managers, and directors of any company, regardless of its size or activities, shoulder significant responsibilities in relation to the way they conduct themselves and justify the trust placed in them. This may result in claims against them for actual and…
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Category: COVID-19
Entrepreneur Relief Confusion April 2020 – what can you do?
Entrepreneur Relief Confusion April 2020 – what can you do? The Chancellor’s Entrepreneur Relief name change will spread confusion and isn’t helpful to small businesses, warns Jarrovian Wealth. The reduction of the lifetime limit for Entrepreneurs’ Relief from £10 million to £1 million, announced by the Chancellor in his Budget last month, was a major blow to…
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£10 million in losses due to COVID-19 cyber scams
£10 million in losses due to COVID cyber scams The COVID-19 pandemic surging around the world has evolved into a full-blown scam epidemic since fraudsters have started exploiting coronavirus fears. Scams have included an impersonation of local and international health authorities such as the World Health Organization, as well as creating bogus online shops selling non-existent face…
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HSE Statutory Inspections (LOLER & PSSR)
HSE Statutory Inspections (LOLER & PSSR) For businesses that are currently closed either by election or being required to do so to meet COVID-19 related government advice or restrictions, the HSE have advised that access to visiting inspectors to undertake thorough examinations should still be provided. Download full HSE paper – Click Here
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Managing your vehicles that are off the road – SORN
Managing your vehicles – SORN Where vehicles will not be required for a reasonable period of time, sorning (Statutory Off-Road Notification) and asking your insurer to reduce cover to ‘Laid Up’ risks only, as part of your normal vehicle declarations, is one way of helping manage your expenses. However, this does mean that you will need a secure off-road…
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Travel cancellation coverage – what you need to know
Given recent developments concerning the rise in reported cases of coronavirus worldwide, the outbreak is stoking fears among travellers. Many are wondering whether travel insurance will protect them in case they cancel their trip, become sick while abroad, or if their flight is grounded. So how do you know what you have cover for? It…
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The Insurance Impacts of 2019 Novel Coronavirus
So how do you cater for such an event in your Business Continuity Planning? The outbreak of 2019 Novel Coronavirus (2019-nCoV), in Wuhan City, Hubei Province of China, has prompted questions of how insurance policies might respond to claims stemming from business losses attributed to this infection prompting this White Paper. The primary virus infection,…
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