Tag Archives: flood insurance
Are you Fully Aware of your Business’s Exposures?
Are you Fully Aware of your Business’s Exposures? Are you a business owner? Then, you need to know the different risks your business may face. These could be things like cyber threats, fire, floods, and other potential losses. These problems could cause financial loss, damage to your property, or even legal troubles. But don't worry,…
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What is business interruption?
What is business interruption? At the outset of your claim, it is essential that work is focused on establishing liability acceptance from your insurance company. A delay in getting liability accepted on a commercial loss can have dire consequences for any business’s future, as cash flow can be impacted for several months. With Morgan Clark…
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Two-fifths of London firms at risk of climate-fuelled flash floods
Two-fifths of London firms at risk of climate-fuelled flash floods London is facing an increasingly urgent problem as climate change increases the risk of flash floods. The capital's 42% at-risk commercial buildings are vulnerable to surface water flooding, which caused chaos last summer when torrential downpours hit London. Imagine a city where every commercial or…
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Winter Risk Management Guide
We have put together information on common risks, from extreme weather damaging buildings and causing dangerous driving conditions, to keeping your staff safe. Plus, in each section there are links to more detailed information and risk assessment checklists, which you can tailor to your business. Plus, in each section there are links to more detailed…
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Water damage – over 25% of all claims originated from this risk
In 2016, escape of water contributed to over a quarter of all domestic property insurance claims, ranking above ‘weather’ and ‘fire and explosion’. Between January and September 2017, these claims totalled £483m – an increase on the previous year. However, it’s also an issue in the commercial space. The continuing rise in escape of water…
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Flood – The risk and how insurance will respond
Many of Britain’s business owners have witnessed the devastating effects of flooding. The need for adequate insurance cover and business continuity planning has never been more apparent. Insurance can be arranged to cover both the physical damage to your property and your business’s loss of income as a result of certain specified incidents. Check your…
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