Business travel can raise many additional risks for both business owners and employees. It is more obvious to firms when employees travel abroad that travel insurance cover is required, however in reality, trips within the UK can also pose equally significant risks.
The UK university population boasts some of the oldest and most prestigious establishments in the world, attracting huge demand for places from international and home grown students alike.
The popularity of further education continues to drive the student let market, delivering resilient returns year-on-year. Yet, letting to students is not without additional risk and poses unique nuances that are not present with the average professional tenant.
With this in mind, it is important that Landlords enter the student market with their eyes open, understanding both the advantages and risks — It is also important to purchase specialist Student Landlord Insurance to ensure you are covered correctly for all eventualities.
Whether you are buying your first public house or are an established publican, the risks when running a pub or restaurant can be significant. From property damage to the property itself, to injury to customers or staff, claims can quickly become a significant threat to your business.
A Sports and Social Club is often the hub of the local community. As the manager, owner or committee member, it is your responsibility to establish a risk management framework to mitigate possible hazards as they arise.
Injuries to members of the public, club members or staff could result in significant claims under the liability section of your Sports & Social Club Insurance policy.
The key to commercial property success is delivering the right income multiple which secures the long-term value of your asset. Ultimately this result is directly impacted by your choice of tenant(s).
A Landlord’s ability to influence and attract the right commercial tenant, can also improve an insurers appetite, and in turn premium rating, for Commercial Property Insurance.
Indoor air quality (IAQ) has a direct impact on the health, comfort, productivity and well-being of your employees. When a business improves indoor air quality, they can increase overall productivity and decrease the number of days that employees miss work. Alongside this, health issues incurred by staff from poor air quality can result in compensation claims under the Employers Liability section of your Business Insurance policy.
The modern theme of airtight building design, while reducing cost, will also reduce the amount of outside air being introduced into your building. In addition, the use of chemical products, supplies, equipment and pesticides can also increase employee exposure to poor air environments. This exposure may lead to poor health conditions such as sick building syndrome (SBS) and building related illness (BRI).
Running a busy restaurant or takeaway business is hard work and it is often difficult to keep on top of all the important regulatory changes and requirements alongside already challenging working hours.
However, it is important that key requirements in relation to food standards and handling are adhered to, or you could face prosecution or potential closure from the Food Standards Agency.
The continued growth and popularity of House in Multiple Occupation (HMO) properties across the UK continues to assist in meeting the demand for affordable accommodation as well as providing increased rental yields for Landlords.
However, it is important that Landlords and Property Owners are fully aware of the potential increased risk exposures by ensuring that your Landlord Insurance policy provides adequate protection.
Diversity and cultural mix across the UK has been at the very core of the growth in the restaurant and takeaway industry, changing and blending the palate of the nation.
However, managing staff who are new to the UK can bring it’s own challenges, as bilingual staff can sometimes lead to miscommunication contributing to on-the-job accidents and injuries, which may lead to employers liability claims under your Takeaway Insurance policy.
Bars and pubs, particularly those in town centre locations offering entertainment face a number of significant risks – the combination of alcohol and a high-energy atmosphere can result in potentially dangerous disturbances that present considerable liability exposures.
While hiring doorman or private security personnel is a good way to mitigate the risk of violence at your pub, inadequately trained security staff can result in further liability issues and potential claims under the Public Liability Insurance section of your Pub Insurance policy.
If your business is involved in providing products to clients, be it physical products, or even digital downloads, you need to be aware of the forthcoming Consumer Rights Act 2015 and how it could impact your business processes.
Whether you are running or hosting a business or charity event, there are a number of key risks which you need to consider. From physical property such as equipment, chairs or marques, to liability risks for slips, trips, falls or other injury, to financial protection against event cancellation. Finding the right Event Insurance policy is critical in terms of managing risk effectively.
Vehicles used at the construction site can require specific safety precautions due to the specialist nature of the industry. When dealing with dumper trucks, driver and safety of the public needs to be your number one priority.
Should a member of the public or an employee suffer injury following an on-site accident involving a dump truck or tipper, it is likely to lead to significant claims under the liability section of our Construction Insurance.
The following tips will help you to manage your Dumper Truck on-site safety.
The Apple Watch and other wearable technology is talk of the town amongst gadget lovers. With Statista estimating that worldwide sales could reach 111.9 million in 2018, wearable tech is likely to have a significant impact on consumer lifestyles and business processes over the coming months and years.
In the excitement of innovation it is easy to overlook some of the practicalities from a risk and insurance perspective. Cover for the device itself is important in terms of loss, damage and/or breakdown. However more significant risk can exist in terms of data loss, it is important that you understand the exposure to your business, mitigate risk, and consider Data Loss and Cyber Liability Insurance as appropriate.
If your business involves either the manufacturing or provision of food stuffs, physical or medical products, then you will be at risk from legal liabilities due to injury or illnesses caused by malfunctions or defects in a product or products you provided.
Products Liability Insurance will provide protection against such instances, including design defects or failure to adequately warn consumers about the dangers of using or applying a product. Generally, products liability cover will be included alongside Public Liability Insurance as part of your business package cover.