Business Interruption Insurance is an essential component for any business – it ensures continuity and consistency during a potential crisis, giving peace of mind for business owners. It is often underestimated how long it will take to reinstate the business and reach a pre-loss financial position. Cover is usually provided for 12, 24, or 36 … Read More
Business Interruption Cover Business interruption insurance can provide cover for loss of income, or the additional costs incurred following an insured incident which affects the activities of the business, such as a fire or flood. For example, should a fire render the business premises unusable, it could take many months for the business to be … Read More
A hard market can cause knock-on effects for businesses looking to secure renewals, and it’s important for decision makers to understand what those practical impacts for their business might be. Firstly, what is a hard market? Well, a hard market occurs when there is high demand for insurance but less capacity available to offer it. … Read More
It can be tricky to know where to start when accessing insurance services for your small business – that’s why our client-first process makes it easy. We’ve adapted to offer remote meetings and assessments, if required, but equally we’re very happy to visit our clients on their ‘home turf’, as standard. With 3 offices across … Read More
Covid has led to Directors having to make important business decisions in unprecedented circumstances and allegations of wrongful acts are rising – making Directors’ and Officers’ Insurance all the more pertinent. Claims can be made against your business or key personnel within your company and you need to be protected. Wrongful acts include omissions, errors, … Read More
Despite the risks and potential upheaval posed by cyber attacks, many businesses forego the critical requirement for Cyber Liability and Crime insurance until it’s too late. In the current time of home working and hybrid offices, breaches in online security and cyber attacks are on the rise – making Cyber Liability and Crime insurance all … Read More
Insurance brokers bridge the critical gap between you – the client – and the insurance companies. In fact, being independent means we accept no insurance company or private equity investment in us – we work solely with and for you. The numbers of truly independent insurance brokers in South Wales and the West are depleting, and … Read More
Small businesses need insurance brokers. We take away the stress and time spent on acquiring covers, making sure your small business has the right cover – even as you grow. And when your business is dealing with a crisis – floods, fires or theft, for example – the last thing you should have to deal … Read More
For over 30 years, we’ve been providing expert, independent advice to the property and construction sector, with high profile property owners and developers across the entire UK. When a business is involved in major development, it is essential that the insurance and risk management advice is of the highest order. At Prescott Jones, you have … Read More
Who are ‘Prescott Jones’? We’re committed to making a tangible difference for businesses across South Wales and the West. We’ve been giving independent, impartial advice for our 30 years in business, advising our clients on insurance and risk management needs across a wide range of business sectors. In our newest video, watch as Ed Prescott, … Read More