Whether you work in construction, electrical contracting or telecommunications, your role may involve an element of height work, the risk of injury or damage to property through on-site accidents whilst working at height is considerable increased.
The Health and Safety Executive (HSE) report that falls from height are the most common cause of death and serious injuries in the construction industry. Should a member of the public suffer injury or damage to property, for example, from a dropped hammer, then you could receive a significant claim under your Public Liability Insurance policy.
If your business operates woodworking machinery, then some of the increased health and safety and insurance risks are obvious – such as using powerful machinery and razor-sharp cutters.
However, just as significant, but perhaps less obvious, is the risk of explosion or fire due to wood dust – which can result in significant injury to employees and claims under your Business Insurance policy.
Legionnaires’ disease is a form of walking pneumonia which is caused by legionella bacteria commonly found in the built-in water systems of houses, flats, office buildings and hospitals.
The impact on those infected can be severe, causing death in up to 30% of cases, rising to 50% if the disease is untreated.
From 1st April 2015 the Care Quality Commission (CQC) has introduced the new Duty of Care Regulations. Any organisation providing social care or health services must comply with the new rules, or face potential prosecution.
From the 6th April 2015, the Government increased the speed limit for heavy goods vehicles (HGV’s) travelling on either a single or dual carriageway in England and Wales. Previous legislation had been in place for almost 50 years, during which time vehicle safety and mechanical capability has increased significantly.
Sadly, the frequency, audacity and geographical reach of terrorist attacks has noticeably increased in recent years. Understandably, businesses, property owners, and insurers are concerned with mitigating the risks posed by the increasingly prevalent, damaging and random terrorist attacks.
Mergers and Acquisitions (M&A) can be complex, particularly for a small to medium sized business where they may not be employing a specialist M&A firm to handle the transaction.
Whilst the legal and contractual requirements are more obvious, an area often overlooked is the additional insurance risk, both for the entities themselves and the Directors and Officers of both firms. It is vital that both parties review and update their insurance covers to ensure all risks are accounted for.
In this article we will detail the steps your company should take to prepare for a merger or acquisition and define two types of insurance that may help your firm complete the deal with confidence.
Whether you are a logistics, retail or manufacturing business, chances are you will need to deliver goods or supplies using your vans, lorries or HGV’s.
Unfortunately, theft of your goods (or cargo as the insurance industry describes it) represents a significant threat to your business, not only in terms of the value of load, but also in associated lost business and profits from unfulfilled deliveries and orders.
A standard commercial vehicle or Motor Fleet Insurance policy will not normally extend to cover items carried, which is why it is advisable to arrange specialist Goods In Transit Insurance or Cargo cover.