Category: Self Insurance
A Guide to Freight Forwarders Insurance in the UK
A Guide to Freight Forwarders Insurance in the UK Introduction Every year, a significant number of shipping containers is lost during transit. This, coupled with the occurrence of damaged goods upon delivery, has emphasised the importance of insurance in the logistics sector. Let's delve into the world of Freight Insurance and Cargo Insurance –…
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Motor Trade Underinsurance
Motor trade underinsurance Underinsurance is a common problem in the motor trade industry, where businesses often struggle to obtain adequate coverage for their vehicles, equipment, and premises. Underinsurance occurs when a business fails to insure its assets for their full value. As a result, this can leave the business exposed to significant financial losses in…
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Ascend Broking Summer Newsletter 2022
Ascend Broking Summer Newsletter 2022 Welcome to our summer newsletter. This month I would like to raise 2 key exposures to your business – underinsurance and your personal negligence exposure. Underinsurance - why inflation can have a major impact on your insurance A not-so-well understood risk is the impact of inflation on insurance and the…
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What are your self-insurance options?
What are your self-insurance options? Self-insurance is one way businesses can maintain some control over their own risks, while still being able to purchase protection at higher entry levels when needed, through an insurer - at rates much lower than those offered by traditional programmes. What can self-insurance programmes cover? Almost any type of traditional…
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Ascend Executive Newsletter Summer 2021
Ascend Executive Newsletter Summer 2021 As we reach the end of another unusual summer in the UK, the things we hold dear to us are perhaps even more important and protecting wealth and assets remains a priority both for you and for us. We know that a life less ordinary demands insurance of an entirely different calibre…
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Coronavirus support for business guide
Coronavirus support for business guide Download our financial aid guide detailing the assistance that is available to you following the 2021 budget. As the UK prepares for the proposed Government roadmap to ease the lockdown restrictions, we want to ensure that our valued clients have access to the most up-to-date information to make your…
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New division to help larger businesses consider insuring in a new way
New division to help larger businesses consider insuring in a new way Chelmsford-based insurance broker, Ascend Broking, has established a new arm to its award-winning business, as it endeavours to help clients of a certain size in Essex, London and beyond consider a new way of insuring their risks. – The idea is, larger…
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The recent COVID -19 High Court ruling
The recent COVID -19 High Court ruling This provides some clarity for customers’ business interruption claims caused by COVID-19 pandemic. The Background Following interruption to businesses due to the pandemic, insurers were showing inconsistency in dealing with claims. Many business interruption covers only provided property damage cover. However, some policies had infectious disease…
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A new way of managing insurance cost launches today
Today Self Insurance Protect has been launched! This new, revolutionary area provides an alternative to traditional insurance. The benefits of Self-Insurance include: Lower fixed costs (program administration) Reduced losses through better loss control Improved cash-flow More visibility on claims control Improved overall performance Visit Self Insurance Protect today Contact us on 01245 449060 to find…
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