The UK is seeing the emergence of battery storage systems to power the likes of homes and offices, to reduce the reliance on fossil fuels and conventionally generated electricity. Lithium batteries are increasingly becoming an integral part of all our lives.
Analysis of data published by insurer Zurich shows a sharp overall drop in claims for burglary over the past four years but a steep rise in bike thefts, as they now top the list of the most-stolen household items.
Many considerations need to be made in the current economic climate, and firms face the challenge of ensuring they make employee financial wellbeing a top focus while at the same time ensuring their businesses remain profitable during these uncertain times.
The National Cyber Security Centre (NCSC) is encouraging businesses to bolster their cyber security in light of the events in Ukraine and the increased threat of cyber-attacks. For small and medium business owners, the current conflict might seem far-removed from the day to day running of their business but cyber threats are an ongoing threat.
Our employees must be given the knowledge on how to recognise “phishing attacks,” in fact, a check list may be a feasible starting point. We are all aware that these attacks exist and are on the rise, but if our employees could recognise and report the phishing emails, texts, telephone calls, adverts and websites that form part of the fraud, the threat can be reduced.
Our insurer partner Axa Insurance have produced industry specific risk management guides to help you reduce the risks associated with your business and keep your business operational as well as protecting your staff and customers safe.
A common mistake many organisations make is to leave responsibility for managing cyber risk to the IT department. In reality, improving cyber security and cyber resilience is an enterprise-wide challenge, which requires buy-in from every employee.
While Manufacturing comprises just 5% of the UK’s businesses, it accounts for 10% of employment and 14% of turnover. Of the 270,000 firms that make up this diverse sector, just over half (138,050) are micro and SME manufacturers. Find some practical risk management advice for small and midsize manufacturing businesses:
Many contracting businesses who do not specifically design anything for a fee will be unaware of the potential risks they may face in not carrying Professional Indemnity cover. In the increasingly litigious society we live in, where it would seem that everyone wants someone to blame, should you consider cover just to protect yourself if something goes wrong?
There are several factors that now make indexation more important than ever. One factor is the significant rise in demand for building materials, and disruption to the global supply chain caused by the pandemic and national lockdowns. Certain elements of Brexit and local shortages of suitable labour are also affecting rebuilding and claims costs.
