As you may be aware, there has been an outbreak of a ‘ransomware’ type of computer virus called WannaCry, affecting users in many countries around the world. These have included firms such as FedEx and many NHS trusts. It is believed to have led to 57,000 infections in 99 countries. Ransomware is a type of…
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Category: Liability
All you need to know about collateral warranties
When dealing with construction projects and contracts we often hear about Collateral Warranties. But what are these and what do they mean for your insurance programme? Collateral Warranties are used due to extend the responsabilities beyond contractual obligations towards third parties involved within a certain project. However, how can your business be certain that your…
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Specialist Insurance for the Transport Sector
As a specialist transportation insurance provider we understand the risks facing operators in the road and marine industries and can either provide products that meet the your property, business interruption, liability, goods in transit and motor needs or construct bespoke cover tailored to your specific requirements. Specialist advice makes the complex job of arranging insurance…
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So why could motor and liability premiums increase?
Last week, Lord Chancellor Elizabeth Truss announced a new discount rate of -0.75% for personal injury awards from the current +2.50% with effect from 20th March 2017 (per annum). This will mean an increase in claims payments for any personal injury claims and will affect motor and liability policies with immediate effect. This is one…
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