Put simply, underinsurance occurs when the amount that you have insured for is too low. Your insurance premium is calculated based on your individual circumstances and the amount of cover you choose to take out to protect the Buildings, Contents and for businesses covers such as Business Interruption. Underinsurance [...]
That Sinking Feeling As the nights get darker and the clocks go back, Real Insurance is reminding home and business owners to make sure their property is winter ready. In recent winters, parts of the UK have seen some extreme weather – particularly flooding. Flood Warnings appear to be [...]
With Christmas just around the corner and with popular events such as Black Friday and Cyber Monday imminent, shopping online has never been easier or heavily promoted. Without sounding like scrooge, unfortunately Christmas is a time for hackers and online scammers. Like house burglars, they are more active during [...]
Criminals swindle a construction firm out of large payment by impersonating a subcontractor A recent case study undertaken by CFC Underwriters highlighted that construction companies don’t often believe that they are overly exposed to cyber risk. Compared to many other industries, construction companies have been slower to take up cyber [...]
Email Compromise overtakes Ransomware in Cyber insurance claims Latest research from insurer AIG show there are more cyber insurance claims than ever before as the number of threats targeting businesses continues to rise. Business email compromise (BEC) overtook ransomware to become the primary reason for cyber-insurance claims according to [...]
The Legal systems in the USA differs to ours in the UK. Do I need US Product Liability Insurance The Legal systems in the USA differs to ours in the UK, Besides being much more costly legal action can come from anywhere, whether it be individuals, businesses or class [...]
The Real Guide to VAT and Sums Insured: What you need to know Many businesses are not prioritising the valuation and risk assessment aspect of their insurance, fearful that it may lead to higher premiums. Underinsurance occurs when you have not taken out the right amount of insurance cover [...]
British Airways: the first major fine since the new GDPR rules came into force As you may have read in the press, British Airways is facing a record fine of £183 million from the Information Commissioner’s Office (ICO) after suffering a cyber attack in September last year. It is [...]
Guide to buying Car Traders Insurance Need advice on buying a Car Traders Insurance policy? - Look no further. We break it down for you in this simple guide. Car Traders Combined Insurance (sometimes called Motor Traders Combined Insurance) can be a confusing area to navigate, partly because it [...]
How technology is providing vital evidence with motor fleet claims Dash cams are becoming more commonly used by British motorists, with almost 11 million using one. In the unfortunate event of an insurance claim resulting from an accident, they eliminate any element of doubt to an insurer by providing [...]
