Tag Archives: Ascend Claims
Important changes in the home claims market
Important changes in the home claims market One of the effects of a challenging financial climate is changes in the home claims market. In 2022, UK construction costs rose to a 40-year high as we saw prices soar in raw materials, fuel and energy, and this has meant unprecedented challenges for insurers. There are…
Read more
Why Business Interruption is so Important for Coffee Roasters
Why Business Interruption is so Important for Coffee Roasters Coffee roasters, like any other business, need to have plans in place for business continuity in the event of unexpected disruptions or emergencies. Business continuity planning is the process of developing strategies and procedures. it enables a business to continue operating during and after an…
Read more
Modern Methods of Construction
As an insurance broker who provides expert support and advice for businesses in the construction industry, we keep a close eye on MMC, or Modern Methods of Construction. What is insurance for modern construction? MMCs are currently revolutionising the construction industry by providing new ways of building that are faster, cheaper and more sustainable than…
Read more
Why Haulage Firms need a Personal Broker
Haulage insurance is a crucial aspect of any transportation business. It protects business owners from financial losses arising from theft, damage to goods in transit, accidents and other unforeseen events. However, finding the right haulage insurance policy can be a daunting task, especially for those who are new to the industry. This is where a…
Read more
Why Insurers may Refuse Claims from your Company
Commercial insurance policies are designed to protect businesses from unexpected losses. However, just because a business has an insurance policy does not guarantee that they will receive coverage when they file a claim. Insurance companies have a responsibility to properly evaluate claims and only pay out when the terms of the policy have been met.…
Read more
Guide to Motor Claims Inflation
Guide to motor claims inflation In this issue: - Executive summary - Pandemic impact - Brexit - War in Ukraine - Technological advancement - What about injury claims? - It’s not all bad news - What’s AXA doing to help? - Vehicle damage claims - Injury claims Download the motor claims guide Here. There are…
Read more
Ascend Broking Newsletter 2022
Ascend Broking cover notes Summer 2022 Explaining issues that affect your insurance... In this issue: - Insurance fraud does not pay - Bullying: workplace trials and tribunals - Business travel polices offer many benefits - Inflation impacts on property insurance - Cover your event eventualities - Is it covered? DOWNLOAD COVER NOTES Insurance fraudsters beware! The…
Read more
Motor Fleet – 8 tips to keep your insurance cost down
Motor Fleet - 8 tips to keep your insurance cost down Our specialist transportation division is able to provide our clients with exclusive discounts often not available in the open market and our integrated IT system ensures you benefit from instant quotes and immediate cover. Motor fleet - Haulage Fleet Motor Fleet - Courier Fleet…
Read more
Top 6 tradesman insurance claim types
Top 6 tradesman insurance claim types Damage to property Property damage from work carried out by a employees and subcontractors come in many different forms, such as a gardener felling a tree that falls on to a property and damages it, a plumber fitting pipework that springs a leak, or an electrician installing wiring that…
Read more
Insurers have paid £968m in interim and final BI claims payments so far
The FCA calculates that 26,238 policyholders out of 41,666 who have had BI claims linked to the test case action accepted have received at least an interim payment so far! https://www.insurancetimes.co.uk/news/insurers-have-paid-968m-in-interim-and-final-bi-claims-payments-so-far/1438504.article Although you may or may not have received a settlement for your Business Interruption COVID claim, are you now happy in the knowledge that…
Read more
