At Insync, we're extremely excited to tell you all that we won the Compass London Markets Broker of the Year 2018 award. Read on to find out more!
Articles in Category: Business
Start Your Year Right! Choose Health and Safety!
Work-related injuries and illnesses can cost your business thousands in legal costs and compensation. As a business owner, you should already be aware that Employers’ Liability cover is a legal requirement for any company that has employees, excluding non-limited family businesses where every single employee is an immediate family member. With the Health and Safety Executive (HSE) Statistics of 2017-2018, it is not hard to see why. Read on to find out the most common causes of injury in the workplace so that you can prevent unnecessary claims!
Entire control over your business’s message online is a complete impossibility. These days it is not uncommon to come across instances of large companies getting into trouble over mishaps on social media. Your company may never come across a massive controversy online, however, it is unavoidable that you will get some negative feedback on social media. How you deal with this feedback is paramount to social media success.
Business interruption (BI) insurance can often be a lifeline to businesses after a disaster to help get them back on track and recover from the damage; but which cover is best? Read this article to find out more.
When handling stock, its important to select the correct stock sum insured amount to cover your business in the event of a claim. The stock sum insured also forms the basis of an insurance premium, so essential to get it right and avoid underinsurance.
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.
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.
Trying to figure out what level of indemnity your need for your products and public liability cover can be difficult, especially when getting it wrong can be catastrophic for your business. Find out here what you need to consider and how indemnity limits work for public and products liability policies.
You will often see Legal Expenses cover mentioned when discussing Commercial Insurance policies, but it’s not always thoroughly explained. Even the most successful and prepared organisations can find themselves suffering from the consequences of a legal dispute. Find out more about Legal Expenses Cover and what it can protect you from!
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.
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.
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.
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?
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.