Cyber crime is continuing to increase and so are the insurance products available to you from insurers. But not all are the same. So how do you know what the right coverage and risk management policy is going to be right for your business? To help you through this process Ascend have put together an…
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Business Interruption – Indemnity Periods
Business interruption provides cover for the loss of profit or loss of revenue following damage or disruption to business premises. This can also include the supply chain that prevents a business from trading normally or prevents trading altogether. Matt Price Broking Director at Ascend Broking Group explains why it is important to understand what an…
Read moreEngineering Inspection Insurance
Engineering inspection of plant and machinery is essential to ensure the safety of employees and the general public. It will also ensure your business meets the statutory requirements for workplaces in the UK. Evidence of compliance with health and safety law is very important if customers are to avoid interventions from the HSE. An engineering…
Read morePreparing for high winds
Your brolly’s inside out, you’re leaning into the wind to walk but getting nowhere while rain lashes, sticking your clothes to your body. That’s stormy weather for you. A broken brolly’s not the end of the world and clothes dry out, but when winds are strong enough to damage your home it’s often a bit…
Read moreAscend launch fleet of telematic equipped vehicles
The first of our Ascend branded motor cars arrived a few weeks ago, you may have seen them around! These are equipped with state of the art telematics camera systems that we are happy to demonstrate to you or any fleet operator. These systems are not standard SD card systems but communicate directly to our chosen…
Read moreHaulage Driver shortage – 50,000 new drivers needed in the industry
The RHA have advised that the industry has a shortfall of between 45,000 and 50,000 drivers and the situation is getting worse. Thousands of older drivers are leaving the industry and younger people can’t afford to get a truck licence. More than 85% of all goods bought in the UK are carried by a lorry…
Read moreBusiness Interruption – 40% of policies are underinsured
Inadequate business interruption insurance cover can seriously impact the ability of a business to recover following a loss. However, business interruption is a notoriously difficult area to understand and The Insurance Institute of London estimate that around 40% of policies are underinsured. The problem arises due to misunderstandings of the term ‘gross profit’. The definition…
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