Imagine the devastation a fire or flood would cause your business. Over the past few years, we’ve witnessed the trauma homeowners have faced due to severe weather conditions. Whilst the media focused on personal losses, little has been made of the implications for businesses. Recovering from these disasters take its toll both financially and emotionally.
Cyber-security threats and trends can change year over year as technology continues to advance at alarming speeds. As such, it’s critical for organisations to reassess their data protection practices at the start of each new year and make achievable cyber-security resolutions to help protect themselves from experiencing data breaches and paying costly fines under the GDPR.
In the past 12 months, the UK has experienced several changes that impacted businesses across the nation, regardless of size or industry. Between growing cyber-security concerns from high-profile breaches and the GDPR, broken supply chains from a commercial CO2 shortage and the collapse of big-name companies like Carillion, various risks have taken precedence. Not to mention, 2019 will be another year of change as Brexit occurs.
Consider this scenario: Despite the early hour, the local airport is abuzz with activity and one of your delivery trucks is parked airside (generally any area in an airport that has restricted access), ready to unload its goods.
Beginning 1st October 2018, the HSE will be conducting its latest inspection initiative, focused on the construction sector. Employers can expect HSE surprise inspections to place an emphasis on ensuring workers are protected from long-term health complications, such as occupational lung disease, that typically result from asbestos, silica, wood or other dust exposure.
Buying insurance is often taken for granted. For personal insurances the buyer will usually start on the internet, whether to get a quote or to find a broker. One or maybe two products are bought on average, maybe a motor policy and legal expenses or a household policy. Price is often the key driver for making the decision.
One of our clients, a construction company specialising in building hotels, restaurants and pubs, completed the build of a hotel in Suffolk for a large, well-known chain. The quality of their work was always excellent and their first-class reputation helped them win major contracts.
Last year was a record-breaking year in terms of cyber claims, totalling more claims than the previous four years combined, according to recent industry research.