This is an excellent article and paper from FSB highlighting the problems micro and SME UK businesses have in getting the right insurance and advice at the right price and with the right insurer. https://www.fsb.org.uk/resource-report/paying-a-premium.html We speak to our own micro and SME clients every day and fully understand the problems in both understanding [...]
Directors & Officers Liability Insurance: UK Market Trends Directors & Officers liability insurance (D&O) helps to protect company directors and office-holders from the potentially ruinous cost of regulatory action or litigation, which can occur even when they are not at fault. The legal bills that can arise from refuting claims or responding to regulatory enquiries can be steep, and in some cases have to be [...]
The rules for British drivers on the continent are about to change - are you ready? The UK’s Brexit transition period is nearly at an end. From 1 January 2021, the rules around driving in the European Union will change; if you regularly drive abroad, it’s time to get prepared. What’s changing? The government is [...]
Kickstarting your business post-lockdown After months of lockdown, business owners and managers are finally seeing some relief as restrictions are slowly eased across the UK. If you’re one of them, an essential thing you should bear in mind as lockdown lifts is that your responsibilities towards your employees and customers will not lift in [...]
Our regulator, The Financial Conduct Authority (FCA), has recently issued guidance to all UK insurance providers about temporary measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus. We would like to confirm the following – Our office remains open for business as usual and any posted documentation [...]
Are you correctly covered for lockdown life? Now that many firms and organisations have either closed or reduced their operations, more people are working remotely. There are far fewer people commuting into or working at business premises because of the lockdown. A resultant reduction in road traffic collisions, accidents in the workplace, vandalism and [...]
Increased UK flood risk forces the emergence of 'flood resilience' design The last two winters have both seen flooding affecting the UK. With average repair costs to homes (as reported by The Association of British Insurers) standing at close to £50,000, the threat of flooding is increasingly a concern for home and business owners [...]
Beast from the East The 'Beast from the East' is upon us, with light snowfall already this morning and freezing temperatures, things are expected to worsen both locally and across the country. The Met Office has issued a yellow ‘be aware’ weather warning and forecasters and there have already been many train and air [...]
What impact has the Insurance Act 2015 had on UK businesses? We’ve seen speculation in the market place about the impact of the Insurance Act 2015 on businesses, particularly with regards to potential likelihood of a claim being successful . At BJP Insurance, we’ve always striven to work closely with clients, taking time to [...]
You may have already heard about the increasing numbers of uninsured vehicles being seized by the police under powers introduced in August 2005. Nearly 30,000 have been seized to date – that’s enough cars to fill the Channel Tunnel nose to tail, in both directions. This is great news for the honest motorist who are [...]
