The UK’s cost-of-living increase has hit the country hard, with inflation levels at a 30-year high. Consumers are paying more for essentials such as food, clothing and transport, leaving less money for recreational activities. Additionally, April’s energy price cap review will see electricity and gas bills increase for most, an...
In response to the rising cost of living, the government has announced tax cuts that will affect millions of Britons. Chancellor of the Exchequer Rishi Sunak announced new tax plans in the Spring Statement on 23rd March. The changes come amid difficult economic times for many people. In a span...
We are looing to fill a role in our Petersfield office for an Office Administrator and Bookkeeper. You will support the Directors in making sure that the office runs smoothly and that our finances are up to date and accurate. We also invisage some support with our marketing effort. We...
On Monday 4 January the UK Government announced a further national lockdown and we felt it was important to remind our customers of the impact this situation has on property insurances and the support and guidance we/your insurers can offer in the management of unoccupied buildings during this challenging time....
The Supreme Court judgment in the FCA Business Interruption Test Case was published today. The full judgment together with a copy of the FCA’s press release is available here. In concert with our Network provider Marsh and specialist Law Firm Fenchurch Law, we are reviewing the content of the judgment...
When it comes to achieving short-term goals and ensuring long-term success, planning ahead can make all the difference. But, while many organisations may be happy to plan for future goals, aspirations and achievements, it is also important to be prepared for downturns and hard times. One necessary part of planning...
In an effort to continually provide value and grow the partnership with our clients, and to ensure that we are equipping you with current technology resources, we will be upgrading our client portal in the coming weeks. This portal enhancement will include many features that will be carried over from...
As the cold weather draws in and people consider using their vehicles less often, minibus operators from the charitable, religeous and community sector are often more active. We work with some specialist insurers in this sector and as well as providing competitive solutions to your minibus insurance needs, we can...
The UK’s second coronavirus lockdown will be lifted on 2nd December. Prime Minister Boris Johnson announced on Monday, 23rd November that a new set of restrictions will be implemented in place of extending the lockdown. Johnson’s new COVID Winter Plan will include a number of stringent restrictions to limit the...
Over the last few months, we have released a number of updates relating to the insurance implications of the COVID-19 pandemic. Now that we are back in Lockdown 2, I thought it timely to bring an excellent summary to your attention that our industry body BIBA have released in conjunction...
The FCA have taken their next step to seek legal clarity on Business Interruption Insurance following the COVID-19 crisis. Why are the FCA taking this step? Broadly, the result of the test case will be legally binding on the insurers that are party to the case and it will also...
If you CAN re-open but have decided NOT to do so for your own reasons, we would urge you to check with us as your insurer may consider the “normal” unoccupancy conditions to apply (and the limited cover that this triggers). In the event this is the case, we will...
Under normal circumstances a property policy restricts cover when a premises becomes unoccupied, and the trigger for this restriction is normally 30 days. Most insurers have been incredibly accommodating during the lockdown by extending this period whilst businesses have been forced to close because of lockdown. The Government have given...
As part of Marsh Networks we are pleased to be working with Alternative Business Funding Ltd to give provide access to further funding options via an easy-to-use online platform. The Funder Finder engine from Alternative Business Funding gives you access to a free, online, business funding comparison site, with over...
HSB Engineering have agreed to increase the cessation of works period cover from 30 days to 90 days for any client who’s contract has been halted due to COVID-19 and Government restrictions. This change applies to all existing policy holders, who must endeavour to follow the guidelines outlined below where...
