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November 23rd 2016

Black Friday explained

Imported into the UK from our American cousins, Black Friday is a bargain-filled shopping bonanza which kicks off the annual pre-Christmas retail frenzy. For retailers it can be both a blessing and a curse, offering the chance to boost profits – but at what cost? What is Black Friday? Annual retail holiday Black Friday falls […]

November 22nd 2016

The blame game: ABI report sparks debate over flood defences

The Association of British Insurers (ABI) has launched a new guide for repairing flooded and water damaged buildings, and in doing so seems to have opened the floodgates to a debate over whose responsibility it is to prevent and minimise flood damage. Written by experts on water damaged buildings, the document runs through key principles […]

October 14th 2016

How business continuity is moving towards the cloud

It’s another normal day in the office until the fire alarm goes off. Downstairs, waiting for the fire brigade to arrive and watching the smoke curl out from the windows, you suddenly have a terrible thought – what does this mean for your business? Although, thankfully, everyone is out of the building safely, you’re starting to […]

October 4th 2016

The internet of things and how it might affect insurance

In Mark Weiser’s essay, ‘The Computer for the 21st Century’, he comments: “The most profound technologies are those that disappear. They weave themselves into the fabric of everyday life until they are indistinguishable from it.” This vision is becoming a reality with the emergence of a new breed of hyper tuned-in devices that respond and […]

September 29th 2016

Insurance Premium Tax increase – What it means for you

What Is Insurance Premium Tax? Insurance Premium Tax (IPT) is a tax you pay when you take out an insurance policy, similar to the way you pay VAT on shopping. Though there are some exceptions, most people and businesses who take out an insurance policy pay IPT on their premium, even if they don’t realise […]

September 24th 2016

Business interruption can happen at any time – are you prepared?

Most of us take our workplaces for granted. We come and go, popping out for lunch or to a meeting, expecting that everything will be the same when we return. But what if something happened to disrupt this smooth flow? As hundreds of workers found out in the City of London in July 2016, the […]

September 19th 2016

Fraudulent claims valued at £1.3bn in 2015

Lost luggage, ice cream van accidents and bus crashes all contributed to more than 130,000 fraudulent claims in 2015 – the equivalent of 2,500 per week. Motor claims were the most common of frauds, according to the figures released by the Association of British Insurers (ABI), totaling 70,000 instances amounting to a value of £800m. […]

September 10th 2016

Predictive analytics – the future of security

Cyber security is an arms race. Just as military equipment from the 1970s would no longer cut it on the battlefield, the defences adopted by businesses as recently as a year ago no longer offer adequate protection. It’s a constant struggle to ensure that security professionals are one step ahead of the hackers. The threat […]