SME’s Lacking Employers Liability Coverage by End of 2023
Plan Insurance Brokers
by Francis Thomson
4d ago
According to new research, by the end of the year over 160,000 SMEs and microbusinesses in the UK will be breaking UK law. The financial services review website Wise Money People found that these companies will fail to protect their staff by arranging suitable employers’ liability (EL) insurance. The impact of successive economic hardships could Continue Reading ..read more
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TfL Review Safety and Safeguarding For Private Hire Passengers
Plan Insurance Brokers
by Grant Georgiades
5d ago
The UK Department for Transport has proposed new standards to Improve safety for taxi and private hire vehicle safety. With a TfL consultation to follow. The UK Department for Transport (DfT) has set out new standards to enhance the safety of taxi (black cab) and private hire vehicle (PHV) passengers. The Statutory Taxi and Private Continue Reading ..read more
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The Most Common Types Of Cybercrime Claims
Plan Insurance Brokers
by Grant Georgiades
5d ago
Cybercrime is one of the biggest risks that businesses face in 2023. However, cyber insurance is often described as one of the hardest policy types for businesses to understand. We look at common types of cybercrime claims businesses make. Cyber insurance is associated with jargon and unnecessary complexity. This is likely because insurance companies have Continue Reading ..read more
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Rental Prices Have Hit A 10 Year High
Plan Insurance Brokers
by Grant Georgiades
5d ago
Rental prices in the UK have increased by an average of £120. With London, Manchester and Glasgow all having the biggest rises by far. As well as rising energy bills and food costs, rents have begun to increase rapidly in London. The average monthly rent is now higher than at any other point in history, Continue Reading ..read more
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Protected: Contractors All Risks Insurance – Are you fully compliant?
Plan Insurance Brokers
by Francis Thomson
1w ago
There is no excerpt because this is a protected post ..read more
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Risk Insights – Letting to Students
Plan Insurance Brokers
by James Forbes
1w ago
The United Kingdom boasts some of the oldest and most prestigious universities across the globe – attracting a huge amount of both British and international students. As a result of the robust student population, the student let market has been resilient even during the recent recession. Yet, letting to students is not without risk and Continue Reading ..read more
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Summary of the Spring Budget 2023 for Businesses
Plan Insurance Brokers
by Grant Georgiades
2w ago
Business owners and entrepreneurs across the UK have been hard hit over the last few years. The Chancellor framed the Spring 2023 budget as one focused on boosting the labour market and in turn the economy. Nothing new there then! Borrowing has actually been £25 billion lower than projected in November. To the surprise of Continue Reading ..read more
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Cazoo’s Drastic Cash Saving Measures
Plan Insurance Brokers
by Grant Georgiades
2w ago
Cazoo, the British online motor trade company created by Alex Chesterman, listed in only two years agi America with an initial valuation of $8 billion. Its share priced has subsequently dropped by an eye watering 99%. It is now worth a relatively paltry $75 million. Investors pulled out during a massive slide in tech stock Continue Reading ..read more
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Michael Gove’s Commission Ban Will Shake Up the Property Market
Plan Insurance Brokers
by Grant Georgiades
1M ago
Michael Gove is on a mission to reduce insurance costs for leaseholders of multi-occupancy buildings. He says he “will consider all routes necessary to reduce premiums”. He is also forcing the hands of builders to fix unsafe properties. The Secretary of State for Levelling Up, Housing and Communities, had said that when it comes to Continue Reading ..read more
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How Has Construction Changed Since The Carillion Disaster?
Plan Insurance Brokers
by Grant Georgiades
1M ago
Five years ago, Carillion, a massive construction company, collapsed amid a big scandal. When it went bust, the company was estimated to have around £7bn in debts and liabilities. It was known to have 30,000 suppliers. This led to a domino effect of financial disasters for those further down the food chain. Many blamed the Continue Reading ..read more
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