12 Tips To Prepare Your Business For GDPR

12 Tips To Prepare Your Business For GDPR

With GDPR just around the corner, it’s becoming a popular topic of conversation among many businesses. Organisations who do not comply with the new law will face fines of up to €20 million (approx. £18 million) and potential damage to their reputation. In this blog post we give you 12 simple tips on how to prepare your business for the GDPR.

How To Manage Supply Chain Risk In The Construction Sector

How To Manage Supply Chain Risk In The Construction Sector

If your business operates in the construction sector, you’ll know how complex it can be managing supply chain risks, and how there is increasing pressure on managing, mitigating and transferring them effectively. Such delays can impact the commercial, design, logistical, quality and safety risks, which often negatively influence the businesses operations, project management and reputation. Read how you can efficiently manage your supply chain risk.

What Is Motor Fleet Insurance? And Do I Need It?

What Is Motor Fleet Insurance? And Do I Need It?

Simply put, motor fleet insurance is cover for multiple business vehicles on a single policy. These can be all the same type of vehicle, or a combination of cars, vans and trucks. Many insurers offer cover for fleets of at least 5 vehicles, however here at Insync we can cover fleets with 3+ vehicles. Read our blog post to learn more about motor fleet insurance and whether your business needs it.

A Second Law That Your Business Needs To Comply With This May

A Second Law That Your Business Needs To Comply With This May

With the GDPR dominating the headlines over the past year, the Privacy and Electronic Communications Regulations (PECR) has taken a backseat. Just like the GDPR, the PECR focuses on streamlining digital interactions with customers, and although it has existed since 2003, the law is getting a major overhaul in line with the GDPR. Read more here.

 

Indemnity Periods And Why They’re So Important

Indemnity Periods And Why They’re So Important

When taking out a new insurance policy, it’s important you understand exactly what your policy covers as failure to do so may leave your business underinsured or unable to fully recover after a disaster. This is a common problem with Business Interruption (BI) insurance as policies are defined by both the indemnity period and the sum insured. So what exactly is an indemnity period?

New Year’s Resolution To Avoid Underinsurance?

New Year’s Resolution To Avoid Underinsurance?

Underinsurance remains an issue in the UK with an estimated 40% of businesses not being correctly covered. Nevertheless, there are simple steps you can take to kick the new year off, to update your insurance policies from 2017, and give your business a refresh with peace of mind that everything’s covered.

SME: Which Insurance Do You Need?

SME: Which Insurance Do You Need?

As a small business, it can be hard juggling your workload; your finances, your customers, your staff, where do you start? Well here at Insync, we’ve got your insurance needs covered. Whatever type of business you are running, whether you’re self-employed or a business owner, we can help. That’s why we’ve created this blog post to give you an insight into which types of insurance you might need.

How To Prevent Fleet Fraud In Your Small Business

How To Prevent Fleet Fraud In Your Small Business

As a small business owner with a motor fleet, the thought a staged accident or injury claim by an employee can be costly. These falsified claims cost billions of pounds per year and the expensive pay-outs mean increased insurance premiums year on year. Read how you can prevent fleet fraud in your business with our simple tips.

Why SME's Should Be Using Smart Devices

Why SME's Should Be Using Smart Devices

The introduction of smart devices and the Internet of Things (IoT) have enabled businesses to streamline and automate many of their everyday processes that were previously human driven. From smart burglar alarms to sensors that detect irregular actions, there is the potential for businesses to transform the way they operate. Read how to keep your business data safe with IoT.

How Charities Can Prevent Fraud

How Charities Can Prevent Fraud

Just like all organisations, charities are highly susceptible to fraudulent activity. In fact, the Office for National Statistics announced that fraud is the most reported crime in the UK and that the charity sector loses at least £150 million per year to it. Read how your charity can prevent fraud.

How GDPR Will Expand Your D&O Liability

How GDPR Will Expand Your D&O Liability

The 25th May 2018 marks the day that the General Data Protection Regulation (GDPR) is being introduced and the rules on data security for businesses are becoming stricter. This raises the issue that directors and officers carry more liability than ever before, and industry experts are wondering whether they will soon be held personally liable for cyber-breaches. Read hoe this may affect your Directors and Officers liability and what your next steps are.