Tag Archives: motor trade insurance
How to Prevent Keyless vehicle Theft
How to Prevent Keyless vehicle Theft Keyless vehicle theft is on the rise, fuelled in part by both the higher demand for used cars and vans, and gaps and shortages in the supply chain for replacement parts due to Brexit and Covid. The Home Office reports that every five minutes in the UK, a vehicle…
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How Important is D&O within the Wholesale Sector?
Directors and Officers (D&O) insurance is an important aspect of the wholesale industry, as it protects the leaders of a company from potential legal claims related to their decision-making processes and actions. The wholesale industry involves large transactions and complex operations, making D&O insurance a critical component for ensuring the stability and success of companies…
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The Difference Between ‘Joint Names’ and ‘Composite Insured’ Construction Insurance
The Difference Between ‘Joint Names’ and ‘Composite Insured’ Construction Insurance Most people in the construction industry will know that contract works are usually determined by standard form contracts called JCTs (or Joint Contracts Tribunal contracts) which outline the responsibilities and obligations of all parties involved in the project i.e., the employer, contractors, and any subcontractors.…
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How Your Business Can Reduce Their Motoring Costs
How Your Business Can Reduce Their Motoring Costs Rising motoring costs are a concern for all businesses that have a motor fleet. If you run a fleet of vehicles as part of your business, you’ll be keeping a close eye on balancing the cost of keeping your fleet on the road with the difficulties of…
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“35% are opting for EV as their next car purchase. Are you tempted yet?
A new study has found that a third of people (35%) are likely to choose an electric vehicle for their next vehicle purchase as a result of the recent fuel crisis. Based on the findings of the survey, Volkswagen Financial Services UK reported that the number of used electric vehicles it finances increased by 76…
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Disruption in supply chains for Motor Trade
Motor Trade supply disruption Ever since the COVID-19 outbreak, supply chains have faced major disruptions in the automotive industry. Several manufacturing companies have had to modify their approaches as a result of the impact of the pandemic on the supply and demand from customers, businesses, suppliers and governments. According to a recent survey conducted by…
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Directors & Officers: Motor Trade
Directors & Officers: Motor Trade What is Directors & Officers (D&O) Insurance? Director and Officers Insurance is sometimes known as “Management Liability” and it’s there to protect you financially against any claims made against you personally as a director, partner or officer of your business. From health and safety concerns to a claim for breach…
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Guide for employees driving in the snow
What simple steps can you take to keep your business, employees and the public safe during severe snow? Download Employee Driving Tips • Steps should be taken to make sure that water pipes don’t freeze – especially outdoor pipes. If any external pipes aren’t used in the winter, their water supply should be switched off…
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Preparing for winter – risk management bulletin
As we head towards winter, it can conjure the spectre of cold and wet weather that at best makes a walk to the shops a misery and at worst can wreak costly havoc on your home. Cold weather can be a challenge for owners of older and larger properties. So what simple steps can you…
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