News

Limiting Your Airside Liability

Limiting Your Airside Liability

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.

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Upcoming Surprise HSE Construction Site Inspections to Focus on ‘Slow Killers’

Upcoming Surprise HSE Construction Site Inspections to Focus on ‘Slow Killers’

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.

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Careful Broking

Careful Broking

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.

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Whirlwind brings unwanted Christmas present

Whirlwind brings unwanted Christmas present

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.

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Why the GDPR Means You Need More Cyber and Directors’ and Officers’ Insurance

Why the GDPR Means You Need More Cyber and Directors’ and Officers’ Insurance

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.

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Case Study: Bromwall’s diligence saves construction client nearly £2 million

Case Study: Bromwall’s diligence saves construction client nearly £2 million

A few years ago, one of our clients, a large construction company, purchased a well-established joinery and woodworking business which had been trading for well over 50 years.

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Revealed: The Leading Causes of Underinsurance and How to Fix It

Revealed: The Leading Causes of Underinsurance and How to Fix It

No matter how bright the future looks for your business, you never know when disaster will strike. Whether it be a flood or destructive building fire, it is vital to have proper insurance policies to protect your business from any interruptions—especially if you are a SME with minimal financial flexibility

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Benefits of Cyber-Insurance

Benefits of Cyber-Insurance

As technology becomes increasingly important for successful business operations, and the General Data Protection Regulation (GDPR) promises much stricter penalties for lax data security, the value of a strong cyber-insurance policy will continue to grow.

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Benefits of Stock Throughput Insurance

Benefits of Stock Throughput Insurance

There are many risks that threaten your organisation when it transports or stores cargo. To protect your business, you can buy insurance for each individual risk that may occur, but that could leave your organisation exposed to potential gaps.

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1 in 4 Workers Exposed to Asbestos

1 in 4 Workers Exposed to Asbestos

Asbestos is a fibrous mineral that was commonly used in building materials for decades and is responsible for the deaths of 5,000 people each year, with 66 per cent of them having worked in construction, according to the HSE

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If Your Health and Safety Policy is Out of Date, it Could Cost You £126,000

If Your Health and Safety Policy is Out of Date, it Could Cost You £126,000

In 2016-17, the HSE had a 93 per cent conviction rate, with the average penalty costing organisations £126,000. Now, take a minute to review your health and safety policies—are they sufficient enough to avoid such a staggering fine?

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Make Environmental Risks Top of Mind

Make Environmental Risks Top of Mind

The construction industry is responsible for nearly one-third of all industry-related pollution incidents in the United Kingdom, according to the Environment Agency.

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Construction Site Safety Inspections

Construction is one of the most dangerous industries in the United Kingdom. HSE inspectors have the right to enter worksites without prior notice, although many will give notice where appropriate. It is your responsibility to make sure that you are prepared when inspectors come.

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Health and Safety Responsibilities for Self-builders

Self-building a new home or extension can be an exciting and rewarding process. It gives a self-builder the opportunity to create a customised space from start to finish. Self-build homes can be environmentally friendly, often have innovative designs and may cost less than standard housing.

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The Overlooked Physical Exposures of a Cyber-attack

More than ever before, organisations are aware of the potential financial impact of a cyber-attack. Many wrongfully assume that the steep, monetary burden of a cyber-attack (exacerbated by new, higher fines under the GDPR) is exclusively tied to damaged digital assets, lost records, and the price of investigating and reporting a breach.

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Do You Need GAP Insurance?

Whether it’s brand new or just new to you, buying a vehicle is one of the most significant purchases that you will make during your life. It requires hours of research comparing different makes, models and features even before you start hunting for the best deal. Unfortunately, after all of that work, once the front tyres of your vehicle leave the forecourt, it begins to lose its value.

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Labour-only v Bona-fide Subcontractors

As the owner or manager of a construction firm, you know that construction projects, no matter the size or scope, can be significant undertakings full of challenges. One such challenge that you may encounter deals with what type of subcontractors you hire—specifically labour-only or bona-fide. Knowing the differences between these two classifications can help protect your business from costly and damaging risks, including fines, penalties or even whopping insurance claims.

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Choosing the Right Alarm System

If properly installed, monitored and maintained, an intruder alarm system can provide your organisation with security and peace of mind. Burglars are an ever-present threat to your business. Fortunately, there are simple methods to deter them from succeeding, such as sturdy locks and an intruder alarm system.

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How Employee Status Affects EL Cover

As an owner or manager, you have a clear obligation and responsibility to provide your employees with a safe working environment. If you fail to do so, it could result in a current or even former employee filing a claim against you.

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Changes To The Ogden Discount Rate

On 27th February 2017, Lord Chancellor Elizabeth Truss announced a new discount rate of – 0.75 per cent for personal injury awards. This new rate comes into effect 20th March 2017 and was met with enthusiasm by personal injury victims and advocates, but with sharp criticism by insurers.

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Aviation Insurance – What you need to know

Aviation Insurance – What you need to know

Aviation insurance is a policy that offers property and liability coverage for aircraft. It covers losses resulting from aviation risks that come about due to the maintenance and use of aircraft, property damage, loss of cargo, or injury to people.

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The Enterprise Act

The Enterprise Act

The Enterprise Act, a wide-ranging piece of legislation designed to benefit the United Kingdom’s 5.4 million businesses, received Royal Assent (became law) on 4th May 2016 and will come into effect in May 2017.

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The Insurance Act—What Businesses Need to Know

The Insurance Act—What Businesses Need to Know

The Insurance Act, a piece of legislation designed to modernise and support the growth of Britain’s insurance industry, received Royal Assent on 12th February 2015, thus making it an Act of Parliament (law).

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Landlords and the Smoke and Carbon Monoxide Alarm Regulations 2015

Landlords and the Smoke and Carbon Monoxide Alarm Regulations 2015

The Smoke and Carbon Monoxide Alarm (England) Regulations 2015 were approved by Parliament in order to reduce the risk of injury or death caused by smoke or carbon monoxide in the private rented sector—they apply to England only. The regulations place onus on private sector landlords starting on 1st October 2015 to ensure the installation of smoke alarms on every storey of their rental properties which are used as living accommodation,

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Why Does Your
 Insurance Premium Change?

Why Does Your
 Insurance Premium Change?

The trickle-down effect of insurance pricing

Insurance premiums are not direct reflections of the risks you insure. While inflation is a good start for anticipating changes in your rate each year, there are still other, more subtle factors you may be unaware of that affect the cost of insurance. Let’s start at the top and examine the trickle-down effect that determines your insurance rate.

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Operating in the United States – 10 Best States for UK Firms

Operating in the United States – 10 Best States for UK Firms

While the United States is the fourth easiest country to do business with according to UK Trade & Investment, conducting business in a foreign country creates unavoidable challenges.  But these 10 US states—the best for UK firms operating in the United States—can make the transition worth the investment.

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Ask MID Roadside – How To Verify Cover

Ask MID Roadside – How To Verify Cover

Although we at Bromwall do not specialise in single vehicles, we are great at motor fleet.  Unfortunately, accidents happen, so how do you check if the person you have had an accident with is insured? The following information explains the services now available.

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The Insurance Bill – What You Need To Know

The Insurance Bill – What You Need To Know

Are you aware of the new legislation which is currently being passed in law relating to insurance?  The following outlines what it is all about and how if could impact you (reference Zywave).

The Insurance Bill, a piece of legislation designed to modernise and support the growth of Britain’s insurance industry,

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Underinsurance

Underinsurance

Most companies we visit to quote we find are underinsured on their commercial insurance.  This may be down to misunderstanding of how the insurance works or bad advice from their current broker.  The following is some essential advice to help you protect your business.  Many businesses, regardless of industry, are risking their own survival by unwittingly remaining underinsured.  The problem is widespread and perennial and a cataclysmic event can strike at any moment, leaving businesses vulnerable to complete destruction.

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Event Insurance

Event Insurance

Are you looking to hold an event? Insurance is always a stumbling block when it comes to putting on an event whether its a village fate or a business conference.  There are a number of areas you should consider and be protected for when arranging such an event let us help. The following is a guide outlining what may be required. Why not call us to learn more?

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