Are you looking for the right level of insurance coverage but don’t want to spend too much time and effort on it? An insurance broker may help you find a better deal, navigate complicated coverage options, and give you peace of mind with impartial advice. Here are 10 reasons why you should use an insurance broker for your insurance needs. Impartial Advice: An independent broker provides access to a range of products and insurers and offers impartial advice. Unlike direct insurers, they are not tied to any one company and act as your agent. Expertise: A broker can use their knowledge to highli ..read more

Did you know that in 2022, fewer than one in ten properties are sufficiently insured? To ensure your cover is right, it’s worth having a conversation with your broker or insurance provider. You’ve likely heard some terms flying around, so we’ve taken the liberty of spelling these out in clear language. Sum Insured When you insure a building, you are responsible for determining the amount you want to be covered for, or the sum insured, based on how much it would cost to rebuild your entire property from scratch. Your insurer will decide how much to charge you for the insurance based on this amo ..read more

The team at EIC have challenged ourselves to complete a 26.2 miles walkathon, in support of Chilterns MS Centre and @Kickoff@3 to help them both with their ongoing amazing work. Our walkathon will be taking place next month, Friday 22nd July 2022! We will be starting our walk at 8.30am from Three Locks, Leighton Road, Stoke Hammond to Kings Langley with an estimated finish time of 5.30pm We have created a Crowdfunding page for both Chilterns MS Centre & @Kickoff@3 in aim to raise £500 for each of the Charites. To find out more information about the two organisations please follows the ..read more

The COVID-19 pandemic has brought on major disruption for business owners in the UK, through widespread closures and a flurry of new safety practices and regulations upon reopening. This has resulted in a significant monetary loss for many businesses, some of which have been unable to reopen as a result of the impact of the nationwide lockdown. Over this time, a large number of businesses attempted to make a claim on their business interruption (BI) policy, only to be told that this scenario was not covered under the terms of their policy. This led to concerns about the basis on which insurers ..read more

There’s been a lot to think about and adjust to over the COVID-19 pandemic and if you’re moving home, it can be easy to overlook the finer details. However, there are some things that you absolutely need to get right first time around. If you’ve ever insured a property, you’ll know that arranging buildings insurance is based not just on your property’s ‘market value’ – the amount it would sell for today – but also its ‘rebuild costs’. This refers to the amount of money it would cost to rebuild or reinstate your property from scratch, if it was completely destroyed by an insured peril. Your ins ..read more

The impact of COVID-19 on the UK’s retail sector has been devastating, with many retailers having already been forced to close their doors for good. However, this coming month has bought a small chink of light to retailers who have been unable to trade since non-essential stores were ordered to shut up shop. The impact of COVID-19 on the UK’s retail sector has been devastating, with many retailers having already been forced to close their doors for good. However, this coming month has bought a small chink of light to retailers who have been unable to trade since non-essential stores were order ..read more

As we enter deeper into unchartered waters, COVID-19 is certainly testing our ability to rise to new challenges and face adversity during these unusual and isolating times. Amongst all of this, it’s worth remembering that this will pass. In the meantime, we explore some of the positive outcomes which have arisen from the changes we’ve already made to delay the spread of the virus. Support for the NHS While most of us are being encouraged to stay at home, NHS workers are putting their lives on the line daily to tend to the sick during the coronavirus pandemic. This is why, at 8 pm on Thursday 2 ..read more

As millions of employees are now working from home, many companies have been forced to actively tackle the excess strain on their VPNs and other systems. This inadvertent ‘stress testing’ has revealed both minor and much more significant vulnerabilities across countless businesses’ IT systems worldwide. From being unable to perform regular maintenance updates and forensic tests to using tools that were not designed to work offsite, while we’re adapting to this learning curve, cybercriminals are looking to take advantage. To counteract this risk, ensure that your staff are all aware of cyber ri ..read more

To our clients, suppliers and friends, I trust that this email finds you and your colleagues in good health during times which are challenging and unprecedented and indeed quite frightening. Here at EIC in Tring my primary concern is the well-being and health of my excellent team together with that of all of our Clients whom we know are being severely affected by this crisis in many ways, both emotionally and financially.   My senior management team and I have taken several steps in line with Government and NHS advice to ensure that exposure to coronavirus is as limited as possible with t ..read more

If a company is providing advice, design, skills or knowledge in a professional capacity, or handling intellectual property, they are wholly responsible for getting it right. Professional Indemnity (PI) covers the insured against their legal liability to compensate third parties for injury, loss or damage due to a breach of duty in the conduct of their profession. Here are 10 reasons your clients may need PI insurance: Mistakes can happenCompanies will avoid mistakes and give the best advice or services possible to ensure good client relationships. However, mistakes can happen, leaving the co ..read more