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.
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.
Employers’ Liability (EL) insurance protects your business from claims of negligence made by employees who have suffered an injury or ill health due to their work. To work out what your EL limits may be, here are 6 important things to consider.
When working on the go or travelling for work, it has become more important than ever before to take extra precautions to stay cyber safe. With more and more people relying on technology each day, cyber crime is becoming increasingly important as it can be detrimental to businesses and their reputations.
For adults that have age-related impairments or physical, mental or visual disabilities, it may be difficult for them to live independently in their own familiar surroundings. Domiciliary care organisations are able to provide these adults with specialised assistance which allows them to obtain a beneficial sense of self-reliance.
At Insync we provide cover for hundreds of gyms and fitness centres across the UK, including many start-up businesses. One of the most common questions we are asked is why does a gym need liability protection and what exactly does it cover?
Religious and Faith-based organisations face several additional liability insurance exposures because doors to their facilities often remain open for long periods of time, and people are constantly entering and exiting the premises. To make risk assessment more complicated, people representing these organisations often congregate in locations other than their main facility.
From 1st June 2015, the Control of Major Accident Hazards (COMAH) Regulations 2015 will come into effect, replacing the previous COMAH 1999. COMAH governs businesses’ use of dangerous substances such as liquefied petroleum gas, explosives and chlorine.
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.
That time has rolled round again to renew your insurance policy, you’ve done your research and got your top three options, but which one should you go with? What makes good insurance cover? The price? The name? The reviews? Find out here.
If you’re starting a new business, no doubt you’ll be juggling start-up costs, essential resources and trying to raise your brand awareness. However, that is all pointless if you lose everything to a disaster that you could have easily insured against.
In February 2016, increased fines were introduced for breaches around corporate manslaughter, food safety and hygiene offences, and health and safety offences. Within the first twelve months the number of health and safety prosecutions against directors and officers tripled, yet many UK businesses still believe they do not need Directors and Officers (D&O) insurance and see it is an unnecessary and additional cost.
Many traditional high street stores are embracing the online world, not only to see goods online, but also to enhance customer relationships, attract new customers and increase overall sales revenue. However, if you are considering growing, or starting to trade your business online, it is important to understand what is required to maximise information security and minimise credit and debit card payment risks.
In today’s litigious society, Care Home owners need to be even more are of ongoing legislative changes and pay constant attention to health and safety. The tiniest problem can quickly escalate into a public liability claim under your care home insurance, or a regulatory fine.
The continued growth of green energy is increasing demand for solar panel installation. If your business is starting to get involved in the solar industry, it is important that your take some time to review your Health and Safety processes as well as your Electrical Contractors Insurance policy. This will ensure that you have the correct level of risk management and cover in place.