On Thursday, 17th November, Chancellor of the Exchequer Jeremy Hunt delivered his Autumn Statement in a speech to the House of Commons. His statement comes at a time of significant economic challenge for the UK. A range of factors – including high inflation and steep borrowing costs – have contributed to a considerable gap between […]
Recap of the Autumn Statement 2022 Read More »
We recently attended the broker forum 2022 in Portugal, which is an event that brings the insurance broker community together. Hedron Network hosted a brilliant conference and awards ceremony, where we were absolutely delighted to be voted ‘The Best New Broker Award’. This award recognises that the team at RS Risk Solutions is “a business which has made fantastic progress”. This win is extra special as the awards have
What is BazarCall? BazarCall, also known as call back phishing, is a method used by cybercriminals to target victims in elaborate ways. The threat actor typically does the following Sends a legitimate-looking email to targets, pretending they have subscribed to a service with automatic payment. The email contains a phone number. There is no other
BazarCall attacks are on the rise – Ransomware threat actors Read More »
Quick Facts! JBA Risk Management estimates that the cost of a 200-year flood event could escalate to £5 billion by 2050—42% higher than current values. In response to climate change predictions, the government has updated its flood risk and coastal change planning guidance to better protect homes from flooding. Climate change is expected to make
Expanded Flood Prevention Requirements for New Homes Read More »
A ransomware attack against a major IT provider for the NHS could take weeks or more to fix, according to software company, Advanced. The case serves as a cautionary tale about how disruptive cyber-crime can be for a business, even when targets are third-party vendors. The cyber-attack occurred on 4th August, causing widespread outages across
NHS Ransomware Fallout Demonstrates Need for Cyber-risk Planning Read More »
On 6th September, Intercontinental Hotels Group (IHG)—the owner of Holiday Inn—confirmed it had fallen victim to a cyber-attack. In a statement, IHG said it was investigating “unauthorised access” to a number of technology systems. The acknowledgement comes two days after the UK-based company’s booking channels were disrupted, preventing many customers from booking accommodation online. Furthermore,
Cyber-attacks Continue Across UK and Europe Read More »
When purchasing or renewing your property insurance, it’s vital for you to ensure such cover includes correct property rebuilding sum insured. Doing so can make all the difference in providing sufficient protection and preventing the application of average clauses should a claim occur (reduction in claims payments due to underinsurance). You may have inaccurate rebuilding
The Importance of Adequate Insurance Cover – Rebuilding Cost Assessments Read More »
As part of a new campaign focused on ensuring gender diversity in top positions among British organisations, the government has called for companies to increase the number of women who hold executive roles. The recommendation stems from the Financial Times Stock Exchange (FTSE) Women Leaders Review’s first report on gender representation among board positions, which
Government Urges Companies to Increase Proportion of Women in Board Positions Read More »
JMB Insurance Brokers, the trading name of Chariot Schemes Ltd, is the latest acquisition by the Read Shepley insurance services group. JMB now joins a growing group which also includes the RS Risk Solutions broking business. Group chairman, Stuart Shepley states: “We are delighted to welcome the JMB insurance broking team. As we continue to
RS Risk Solutions acquires JMB Insurance Brokers Read More »
What is it and who needs it? A high net worth home insurance policy benefits homeowners who have particularly valuable assets, such as, an expensive home (buildings worth more than approximately £1m and contents worth more than approximately £100k), perhaps also a collection of fine art, jewellery, collections, antiques, yachts, holiday homes, motor vehicles and
High Net Worth Home Insurance Read More »
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