Many firms will encourage workers to make the move back to their workplace, whether that be the retail, leisure or manufacturing environment, or the office. Commercial landlords may now be earning rental income once more, having waived or deferred payments during lockdowns and restrictions. But what do we need to be aware of with regard to ‘reoccupied’ space?
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From Food to Chip Shortages: How Supply Chain Woes Should Provoke Insurance Responses
Across many sectors of the economy, there seems to be something or other currently in short supply, whether that is food on supermarket shelves, materials for construction sites, laptops for business, TVs and home entertainment equipment, or labour for farms, hospitality businesses, HGV firms or coach operators. Over- reliance on global supply chains, for both goods and labour, has left many sectors in turmoil.
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Whiplash Reform: Are Lower Motoring Premiums on the Cards?
On 31 May 2021, the long-awaited and delayed Civil Liability Act 2018[1], which includes the Whiplash Injury Regulations, came into force, introducing a new OIC (Official Injury Claim) self-serve portal for those incurring whiplash claims under a value of £5,000, to run alongside the existing Ministry of Justice portal, which has existed since 2010.
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Bitcoin: Is Being ‘Bitten’ Inevitable if you Bite?
The cryptocurrency industry is poised to become a ‘big opportunity’, according to experts, and insurers are increasingly exploring coverage within a new space engaging more of us.[1] If online wallets, hot and cold storage and crypto-exchanges could become part of your world, however, you need to understand the risks – and not just from an investment point of view.
This is something which has been with us for over a decade, and often negatively associated with ransom payments to cyber criminals. However, Bitcoin is actually becoming a go-to trading option for millions worldwide, if they fit a certain investment risk profile. People now use Bitcoin to pay for goods ranging from software to holidays and luxury cars, even superyachts.
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EVs and E-scooters: Which Insurance Impacts Hover in the Wings?
The UK is said to be on the cusp of a transport revolution, with electric vehicles (EVs) very much the future and micro-mobility-level eco choices also potentially being transformative. Much thought is required, however, especially from an insurance and risk perspective.
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Get the Right Insurance If Continuing to Work From Home
Working from home could be here to stay for roughly half of those UK workers able to do so. A survey of 5000 UK working adults, by the University of Nottingham and Stanford University, has found almost one-fifth (19%) want to continue working from home for five or more days a week. A fifth wish to do so for two days a week; another fifth for three days a week.
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Looking After Your Wellbeing, A New Essential Need of Today
Staff and your own health and wellbeing is being tested in these unique COVID-19 times and this “new normal” is set to be with us for some time to come. Preparation to handle these issues may not have been part of your expected working day, but they can most certainly affect the way you and your staff do their jobs today, whether at home or in the office.
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Where Insurance Will Fit into the Brave New World Post-Brexit
The securing of the first exports of UK beef to the USA in 20 years has been heralded as a “fantastic boost to the sector” by the Agriculture and Horticulture Development Board, whilst International Trade Secretary, Liz Truss, has talked of free trade deal negotiations creating “a host of export opportunities for British agriculture”.[19] However, many food and drink businesses, along with other importers and exporters, will have concerns about what the post-Brexit world will bring, if 31 December arrives with no deal having been negotiated with the EU.
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Getting Water Systems Back ‘Online’ is a Duty of Care
Getting a workplace or public venue ‘back up and running’ may not be as simple as turning the meter back on, running a duster around and turning the radiator controls. Some premises and business venues will also have water systems that present a particular and deadly risk, can also frequently contain a risk that is out of sight and out of mind.
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Trade Credit Reinsurance Scheme is Good News for British Businesses
On June 4, 2020, the Government guaranteed to back Trade Credit insurance schemes to the tune of £10 bn[10] through its Trade Credit Reinsurance scheme, announcing it would step into the market in such a way as to maintain coverage and credit limits for businesses.
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