Supreme Court hands down judgment in FCA’s Covid-19 Business Interruption Test Case

January 15, 2021By Paul GardnerLatest News No Comments

The Supreme Court has handed down judgement in the Covid-19 Business Interruption Test Case The Supreme Court has today handed down its judgement in the Covid-19 Business Interruption insurance test case of The Financial Conduct Authority v Arch and Others. The press summary of the judgement can be viewed here  On first viewing, it … Read More

Merry Christmas and Happy New Year

December 23, 2020By Paul GardnerLatest News No Comments

We have been in awe of the sheer resilience of our clients and the wider business community as they have responded to the challenges of Coronavirus. May we wish you and your families a healthy and restful holiday period.         Our office will be closed between Xmas and the New Year. We … Read More

Malcolm Wallace Joins our Swansea Team

October 15, 2020By Paul GardnerLatest News No Comments

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

Why insurance premiums are increasing

October 13, 2020By Paul GardnerLatest News No Comments

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

High Court FCA Business Interruption Wording Judgement

September 17, 2020By Paul GardnerLatest News No Comments

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 It is widely recognised that the judgement is complex … Read More

Understand Your Credit Risk

August 13, 2020By Paul GardnerLatest News No Comments

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

Buildings, sites and businesses reopening

May 14, 2020By Paul GardnerLatest News No Comments

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