As the impact of the hardening of the insurance market impacts on premium levels, we asked Risk Management specialists BCarm to discuss how evidencing good risk management disciplines can mitigate these market effects. Their article is shown below. Once you have read the article feel free to contact us to discuss how we can present … Read More
Driving in Europe in the event of a no deal Brexit Whilst Brexit negotiations are ongoing, at the time of writing, no deal has been agreed and the advice from the Department of Transport is that UK motorists wishing to travel to EU and EEA member states, Switzerland, Serbia and Andorra should prepare to carry Green … Read More
Business Growth Leads to New Appointment We were delighted to secure the services of Malcolm Wallace who joins our commercial team at our Swansea Headquarters. Malcolm joins as a Commercial Account Handler and will provide technical support and servicing to our clients across South Wales. In an insurance career spanning 25 years, Malcolm has worked … Read More
Insurance Rates and Underwriting 2020 /2021 Lloyd’s of London Chief Executive John Neal has said that the coronavirus pandemic is likely to be the most expensive market event in history dwarfing other major disasters such as Hurricane Katrina in 2005 and the 9/11 terror attacks. There were several factors coming together even before Covid-19 that, … Read More
The Financial Conduct Authority (FCA), the UK’s financial conduct regulator, brought court proceedings in July 2020 to test how certain business interruption insurance policies respond to claims arising from Covid-19. The Court has now delivered its judgement and you can find details of it here www.fca.org.uk/publication/corporate/bi-insurance-test-case-judgment.pdf. It is widely recognised that the judgement is complex … Read More
We are delighted to welcome Jack Prescott to the business. Jack graduated from University of Derby with a degree in Tourism. He then embarked on a period of travel to various parts of the world volunteering to gain valuable life experience. On his return Jack worked for a sports charity before becoming a director at … Read More
Credit Risk Analyser Prescott Jones are working with Euler Hermes, a leader in trade credit insurance, part of our partner insurers Allianz, to give our contacts exclusive access to their global risk experts and provide you with useful insights into your market, customers and prospects. The service is optimised for businesses with a turnover approaching … Read More
Whilst there is divergence on the timing of back to work within thin the UK, with the devolved governments of Wales, Scotland and Northern Ireland maintaining the stay at home message, businesses across the UK will be turning their minds to planning for a safe reopening of their businesses. At this time, our insurance company … Read More
Arguably, credit insurance is more important today than at any time since the global financial crisis over a decade ago. Whilst we might have to accept that, as company insolvencies increase, access to cover will become more challenging and more expensive but at this time, our trade credit partner insurer Euler Hermes is still in … Read More
The onset on the Covid-19 pandemic has meant all businesses have had to take action to meet lockdown requirements. This has meant that business operations have in most instances changed materially. Whilst many insurance companies have moved to provide automatic extensions to recognise the more obvious actions having to be undertaken by businesses, there is … Read More