Business Insurance
Fire claims continue to rise
Statistics from the Association of British Insurers show that fire claims rose again by a further 20% between the first half of 2007 and the first half of this year, with arson contributing prominently to the cost.
Defaqto launches commercial insurance ratings
Independent financial research company Defaqto has expanded its Star Ratings offering to include commercial insurance ratings.
Businesses more likely to feel the pinch this summer
Summer security shortfalls are potentially putting two million small businesses at risk of burglary, according to research by specialist business insurer Hiscox.
All sized businesses urged to keep health & safety a priority
Despite the recession, the majority of large businesses in the UK still recognise the importance of health and safety, says Aviva Risk Management Solutions (ARMS), the new name for Norwich Union Risk Services.
Legal & General launches business valuation tool
Legal & General has launched an online business valuation tool to help SMEs calculate how much shareholder or partnership protection they need.
Businesses warned of the threat of flooding
A staggering 112,000 small businesses (11 per cent) were affected by the floods in 2008, leaving small firms with damaged stock and property and many unable to trade.
Aviva launches commercial property owners package
Aviva has successfully launched its new commercial property owners cover via its online trading platform, Fast Trade.
166% rise in cost of trade credit insurance claims
Latest ABI figures show that trade credit insurance remains a vital lifeline to businesses that are hit by the effects of the recession. In Quarter 1, 2009:
Changing nature of agriculture brings more risks
As the agricultural industry diversifies and the risks multiply, employers must be aware of the dangers to employees and visitors, warns Aviva.
Intermediaries must meet challenge of Banks and Direct Market
Defaqto's first Insight Report into the SME Commercial insurance market warns brokers that they need to meet the challenge of Banks and Direct insurers.
Norwich Union advises tradesmen to adopt safe working practices
Norwich Union, soon to be Aviva, is urging tradesmen to adopt best working practices to protect themselves, their customers and their business, as part of its 2009 Simply Safety campaign.
Twenty one vans broken into every hour in the UK
The UK's three and half million van drivers are helping make thieves lives easier according to research from Direct Line for Business.
Record fire damage costs spark fears in surge in large-scale fires
Businesses and homeowners battling through the recession are being hit by an increasing fire threat according to figures by the ABI (Association of British Insurers). The cost of fire damage in 2008 rose by 16% on 2007 to a record £1.3 billion - £3.4 million every day.
Businesses warned to pay due care and attention
After some of the most severe snow for 20 years, insurer Direct Line for Business is urging business owners to ensure they limit the possibility of customers and staff slipping and getting injured.
Heath Lambert joins with MTA to offer bespoke insurance services
Heath Lambert Group, the UK independent insurance broker and a specialist in putting together affinity schemes, has teamed up with the Manufacturing Technologies Association (MTA) to provide a new service for MTA members.