Working with Coates & Co, specialists in Employment Law, we have been able to provide you with a summary of useful Employment Law facts and figures that will apply from April 2018. This informative summary for 2018/19 gives details of: Employment compensation limits Statutory redundancy Maternity, paternity and sick pay entitlement The national minimum wage…
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Tag Archives: Essex insurance broker
Directors & Officers Insurance – do you know you could lose your ENTIRE wealth?
Many people mistakenly believe that as a director of a limited company, they have no personal liability in regard to their corporate actions and that is not limited just to directors, proceedings can be issued against people in almost any managerial or supervisory position. Could that be you? The truth is that while most corporate…
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Professional Indemnity Insurance
Professional Indemnity (PI) is an essential insurance cover that will protect you against negligence claims from unhappy customers. If you are starting out in business or are an established business providing professional advice for a fee then chances are you will be obliged to take out some kind of business insurance as a condition of…
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Vehicle thefts are on the increase – What can you do?
The number of vehicles being stolen has gone up 30%. In 2013, 66,000 were stolen, that number rose to 86,000 in 2017 and the value of those stolen has been rising. Unless these are recovered quickly – usually via a tracker of some kind, the recovery rate for stolen vehicles is stubbornly low. Evidence suggests…
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Time to direct yourself to D&O insurance?
Heading up a company is not easy. Directors are governed by a plethora of laws and regulations threatening financial exposure and personal sanctions should any breach occur. It may not even be a result of your personal negligence. You may just have been unaware what others under you control and jurisdiction were doing. Many people…
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Business Description – A Cautionary Tale
Does your business description on your policy documentation fully describe all your business activities? We often discover inaccurate or incorrect descriptions which could make a policy void in the event of a claim, we explain more ….. A man is working on a building site somewhere in Essex. A trained operator, he is digging a hole…
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Construction Pitfalls – the use of Subcontractors
Ian Lawley, Technical Director at Ascend Broking, highlights some areas that need consideration when employing subcontractors and the potential exposure to your insurance arrangements. Many clients use subcontractors in the course of their business. This is quite normal, of course, and the client will expect to be insured for their use. But do they know…
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Hauliers Liability – The importance of arranging the correct cover for your business
Hauliers Liability – The importance of arranging the correct cover for your business Simon Horton, Transportation Director at Ascend Broking takes a look at a hauliers responsibility for customers goods whilst they are in your care, custody or control. Hauliers are liable for loss or damage to goods at Common Law unless you operate…
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Two new motor fleet insurers enter the UK market
Following the withdrawal of a number of motor fleet insurers in 2016/17, January has seen two new entrants utilising a select distribution network, one exclusively providing terms only with the use of forward thinking technology. We provide a brief overview as to how a different approach to the way you purchase motor fleet insurance can…
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How to get the best price for your motor fleet
How to get the best price for your motor fleet Specialist insurance for the Transportation and Haulage sector needs a unique approach. It is important to engage a broker that has a specialism in your industry. They must have the knowledge and expertise in your business sector and be able to provide you with full market access.…
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