Hardening Insurance Market; What It Means To My Business
The insurance market is cyclical. Like a pendulum, it fluctuates constantly between a hard market and a soft market. The International Risk Management and Insurance Society (IRMI) identifies such a market as ‘the upswing in a market cycle, when premiums increase and capacity for most types of insurance decreases.’ It goes on to say that a number of different factors contribute to this, including ‘frequency or severity of losses, and regulatory intervention deemed to be against the interests of insurers.’
COVID-19 Update from Lansdowne Woodward
Following Monday's emergency Cobra meeting and subsequent advice with regard to social distancing, we will be moving to the Remote Working section of our Business Continuity Plan.
Government Discuss Mandatory 5-Year Electrical Checks
The government has proposed legislation that will enforce mandatory 5-year electrical safety checks in the private rented sector from July of this year.
The Civil Liability Bill
After years of debate, the UK Government has decided on a course of action to bring down escalating car insurance costs by addressing the rise in pay-outs for small personal injury claims.
Welcoming Scott Elliott to the Commercial Insurance Team
We are pleased to introduce our newest employee, Scott Elliott, who has recently joined the commercial team as an Account Executive.
10 Reasons Why You Need Directors and Officers Cover
Directors and Officers insurance (D&O) covers the legal costs and potential compensation pay-outs for claims of wrongful acts made against your business’s directors and senior managers (the officers). Here’s why you can’t afford to be without it.