Home insurance claims for weather-related damage hit a record high in 2023 as climate change continues to impact the frequency and severity of severe weather events. Specifically, claims for weather-related damage reached £573 million last year, more than a third higher than 2022’s total of £421 million and the highest ever recorded, according to the […]
Weather Damage Insurance Claims Up By a Third in 2023 Read More »
Manufacturing businesses play a pivotal role in our economy, producing goods that serve as the backbone of numerous industries. However, with great opportunity comes great risk, and it is essential for manufacturers to understand and mitigate these risks effectively. From supply chain disruptions to workplace accidents, manufacturing businesses face a myriad of potential hazards that
Manufacturing – Mitigating Risks Read More »
BT’s Redcare is withdrawing their signalling system for intruder and fire alarms services from the market. Customers will need to seek alternative suppliers before 1 August 2025. With the service ceasing next year, approximately 100,000 commercial and residential properties face the urgency of updating their alarm signalling equipment by 1 August 2025. Redcare, a key
BT’s Redcare Announces Closure Read More »
On Wednesday, 6th March 2024, Chancellor of the Exchequer Jeremy Hunt delivered his spring statement to parliament. The measures announced aim to “give much-needed hope in challenging times” and provide “more opportunity, more prosperity and more funding for (our) precious public services.” Economic Forecast Detailed in the Spring Statement, the latest economic outlook from the
Main Takeaways From Spring Statement 2024 Read More »
Every year, March 8th serves as a powerful reminder of the remarkable achievements, struggles, and resilience of women around the world. International Women’s Day is not only a celebration of women’s accomplishments but also a call to action for gender equality and inclusion. The campaign theme for International Women’s Day this year is “Inspire Inclusion,”
Empowering Women: Celebrating International Women’s Day Read More »
Extreme weather and artificial intelligence (AI)-generated misinformation and disinformation are the top two risks facing organisations and individuals in 2024, a report by the World Economic Forum (WEF) has found. The report highlights the findings from the WEF’s Global Risks Perception Survey (GRPS), which sought the opinion of nearly 1,500 worldwide experts between September and
Extreme Weather and AI Are the Top Risks in 2024 Read More »
Increased cyber-attacks with new evasive tactics, hacktivist-based attacks and frequent ransomware have created a volatile risk environment for organisations of all types and sizes over the past few years. The increased cost of dealing with such disruptive incidents created a hard market, with most policyholders facing premium hikes. Indeed, cyberinsurance pricing rose a staggering 66%
Cyber Insurance Market Outlook for 2024 Read More »
Did You Know? Most house fires that are caused by gas happen on 25th December, according to the Gas Safe Register. However, few adults put a gas safety check on their to-do list in the run up to Christmas, making the festive season the most dangerous time of the year when it comes to
Gas Safety Tips – Stay Safe this Festive Season Read More »
Owning precious valuables can sometimes be worrisome. On the one hand, possessing unique and expensive objects such as art, jewellery or an expensive home can be a source of pride and imbue you with a sense of distinction. On the other hand, these objects can create additional burdens, constantly requiring security and special consideration. How
High Net Worth Insurance – Cover Overview Read More »
The demand for rechargeable lithium-ion batteries has drastically increased since their emergence in the early 1990s. These high-energy-density power sources have become integral components of a wide array of our daily devices, ranging from laptops, mobile phones, tablets, and smartwatches to e-scooters and the popularity of electric cars. With their compact form, reduced weight, and
Mitigating Risks Associated with Lithium-Ion Batteries Read More »
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