Understanding the challenges of written-off vehicles: implications for car owners and insurers The fast-paced automotive industry is currently facing a troubling issue. The issue involves a growing number of vehicles that insurers write off due to delays in parts supply, causing frustration among car owners and uncertainty in the insurance industry. This article aims to…
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Tag Archives: ascend insurance
Construction – Problems with Products
What is Part Product? In the last few weeks I have seen trade advertising from different major insurers announcing that their Construction policy now has an optional extension for what is known as Part Product. Well, this is not something new, as I have been including this important extension since the early 1990s. Liability Insurance?…
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Why you Need Cyber Insurance
Why you need cyber insurance... The risks of cyber crime have never been more prevalent, with attacks on businesses increasing each year. Cyber risk insurance is a must for any company that holds personal data or stores business critical information electronically. If your computer system fails due to interference from outside forces, you could lose…
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AXA UK warns of serious fire risk of lithium batteries
AXA UK warns of serious fire risk of lithium batteries - Improper storage and damage to the lithium-ion batteries in electric bikes and scooters can result in devastating fires - AXA has covered almost half a million pounds of losses over the last two months on fires caused by lithium batteries - Not leaving the…
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BIBA Manchester
Ascend attend the British Insurance Brokers’ Association The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their customers. BIBA membership includes around 1800 regulated firms, employing more than 100,000 staff. General insurance brokers contribute 1% of GDP to the UK economy; they…
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Engineering contractors
Engineering contractors Engineering plays a hugely important part of the UK economy, accounting for more than a quarter of the UK’s total GDP with nearly 50,000 contractors working in the sector. The vast majority of engineering contractors are experienced professionals and rarely make mistakes – but understanding the risks involved with each project is important…
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Why insurance is important to you and your family
Why insurance is important to you and your family Protection for you and your family Your family depend on your financial support to enjoy a decent standard of living, which is why insurance is especially important once you start a family. It means the people who matter most in your life may be protected from…
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Why travel insurance is more important than ever in 2021
Why travel insurance is more important than ever as we reach the end of 2021 Travel insurance has never been so important as we continue to navigate Covid-19 in our overseas holidays and trips. It will cover you for unexpected situations both while away and in the run up to your holiday, from losing your luggage to covering…
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Top 5 causes of workplace injuries
Top 5 causes of workplace injuries Employee safety is a top priority for any employer. Employees are the driving force of your business and need to be able to work in a safe environment to ensure efficiency and productivity. Knowing the most common workplace injuries and ways to prevent them can decrease the number of…
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Lowering employment practices liability risks
Lowering employment practices liability risks Employment practices liability insurance (EPLI) is a critical type of cover that provides various protections for policyholders. Employers face a variety of risks related to employment practices liability claims. These claims became more common every year in the UK between 2015 and 2018. An EPLI policy can have a major…
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