Against a backdrop of difficult economic conditions in an increasing litigious society, there has never been a greater need for U.K Companies and their directors to have suitable protection from legal actions brought against them.
With many employers being forced to downsize in recent months many insurers have experienced a sharpt rise in claims on its [...]
Do you know your Duty of Care responsibilities?
Employers are legally responsible for the health & safety of employees that are premises based, involved in manual and/or site work as well as those who’s primary role is to drive for a living. Drivers of Commercial vehicles and HGV’s are the engine of haulage and transport companies but it [...]
‘Molten Metal Breakout’ can be a costly accident, both in terms of clearing up costs and replacing peripheral capital plant that was caught in the flow. Following a recent review it is clear that ‘Molten Metal Breakout’ is not necessarily covered as standard by insurers.
Molten metal breakout can be caused by accidents including faults in [...]
Press Release –
Andrew Bourne & Co expands Corporate team in Leicester
Published: 01/04/2010
Andrew Bourne & Co (Insurance Consultants) in
Leicester has appointed Richard Gibson as Corporate
Account Manager to expand their corporate division.
Richard brings experience of 22 years to
his new position where he has worked previously for
Perkins Slade Limited and
Towergate Risk Solutions Leicester in a [...]
In April 2008 the “Corporate Manslaughter & Corporate Homicide Act 2007″ came in to force. This act is linked directly with Health & Safety requirements. Under the Act, health & safety legislation means”any statutory provision dealing with health & safety matters”. This therefore applies to transport and workplace safety as enforced by HSE and local authorities.
This legislation has a [...]
High metal prices continue trend of insurance thefts.
In April, the BBC reported that thousand of homes in Edinburgh could have been left without power after thieves tried to steal metal from an electricity sub-station. Fencing was cut by thieves around Newbridge Electricity station but were disturbed before they could steel any metal. If successful [...]
“My Insurer has refused to pay out on my fire insurance claim!”
For the majority of businesses, the above quotation will never happen. But for some it may be the case!
The reason some insurance claims are refused are due to a breach in policy Warranties.
A “Warranty” is a special form of policy condition used by insurers to [...]
With around 20% of UK warehouses and factories currently unoccupied, Insurance group Aviva is warning commercial property owners of the need to secure vacant buildings.
According to the insurer, there are around 9,000 fires in unoccupied buildings each year in the UK, and empty commercial premises, particularly in out-of-town areas, are high risk.
If not fire, other [...]
The Association of British Insurers (ABI) has revealed the extent to which trade credit insurance helped UK businesses in 2009. During the year, insurers dealt with 22,791 claims, with the total amount paid out rising from £164 million in 2008, to £320 million.
According to the ABI survey, the 95% year-on-year increase reflects the ongoing effects [...]
The Flood and Water Management Bill 2009-10 has received the Royal Assent. The Bill addresses the threat of flooding and of water scarcity, both of which are expected to increase with climate change.
The new legislation requires the Environment Agency to create a National Flood and Coastal Erosion Risk Management Strategy, which a number of organisations [...]