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News & Views
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How to proactively manage your organisation's infection risks?
As the impact of COVID-19 diminishes, it is natural to feel the urge to ease up on our infection control measures. However, during the winter season, the threat from viruses remains significant, especially for those without strong infection control measures. According to one of the latest articles from the Institution of Occupational Safety and Health (IOSH) Magazine, UK employers are advised to develop emergency response plans for monkeypox.
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Model modular construction insurance with a broker’s help
Modular construction ticks many boxes, being greener, less wasteful of resources, more cost-effective and up to 50% faster than traditional construction methods, and in the UK it is seen as a means of delivering the affordable homes’ targets. Its popularity is such that the global modular construction market is set to grow from a $104.1 billion value in 2024, to $140.8 billion by 2029.
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Can you predict a riot?
Businesses of all types became direct or indirect victims. Some business owners experienced physical property damage, or threats to themselves and their employees. Others suffered business disruption, having to vacate offices or retail premises on police advice, or taking a decision not to risk employees travelling to work.
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Enhanced worker protection requires specific risk approaches
New legislation, in the form of the Worker Protection (Amendment of Equality Act 2010) Act 2023, introduced on 26 October 2023[1], brings greater protection to those suffering workplace sexual harassment. Consequently, there is more for employers to do, in this area of risk management.
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4G and 5G: a fleet’s only road ahead
Telematics have long been cited as a must-have for fleet operators wishing to understand and analyse their on-the-road performance and track vehicles 24/7. Less attention has been paid to what is driving the technology. Some users may not even consider that connectivity is fundamental to the performance of the installed tech.
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Don’t overlook machinery downtime risks
Whilst the UK has focused this year on who should be Prime Minister, it’s another PM on which businesses reliant on machinery and equipment should perhaps concentrate. Predictive Maintenance (PM) is the pro-active response to the vast costs associated with machinery breakdown — the true extent of which is often overlooked.
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MLP or D&O insurance? Which do you need?
Business owners face a wide variety of risks evolving from both their duty of care and the regulatory landscape. The risk posed by regulatory or legal action is very real, with the potential for significant financial losses emanating from the costs of hefty legal fees and representation, as well as fines or compensation payments, is significant.
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Take care over ESG claims
ESG (Environmental, Social and Governance) has become a corporate buzzword, with ESG strategies embraced by organisations wishing to communicate across- the-board excellence in social and environmental responsibility.
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Take care over BT Redcare replacement
Businesses and individuals who have relied on BT’s Redcare alarm solution will be forced to change their security and fire alarm signalling system by 1 August 2025, when the BT option is completely withdrawn.
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Plan ahead for driving abroad
As millions of motorists contemplate Channel- hopping this year, those who have not driven abroad for a while may be wondering one thing: Have we reverted to the Green Card since Brexit?
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Don’t be naive about green energy’s safety risks
King Charles’ application to create a solar farm at Sandringham[1] is reflective of more widespread efforts to reduce energy’s contribution to the carbon footprint of the UK’s built environment.
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Computer insurance fills significant underinsurance gap
Having specific cover for your computer and electronic equipment may seem a luxury but, after all, you can claim for loss and damage on your property insurance policy, can’t you?
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Access vital support at the time of a major loss
When your business has its home within a commercial building, everything on the surface can seem peaceful, until an unanticipated event emerges. Statistically, the number-one unanticipated event is an escape of water (EOW).
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AI: Friend or Foe?
Artificial Intelligence (AI) may have various benefits, but its sudden rise up the table in one insurer’s annual global risk survey is a warning sign to both the public and the insurance sector to beware some aspects of AI.
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Lithium-ion batteries: a different kind of workplace risk
Whether we are aware of it or not, lithium-ion batteries now power many gadgets used in daily life.
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Property Rebuild Costs and Rising Inflation
A number of factors have coincided to mean that rebuilding costs have hit record highs in recent years and the risk of underinsurance is now greater than ever.
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Refresh your construction site fire risk practices
Despite construction site fires being an ever-present and major risk, some contractors may be unaware of regulatory changes from August 2022 and January 2023.