Category: Risks
COVID Insurance Risks to Accountants
In a time of great uncertainty, one thing we can say is that the risks of claims and regulatory investigations will not decrease for your industry. Having said that, although there will be difficult times, we are not predicting Armageddon for the accountancy sector. In fact, there will be some areas of increased work. We […]
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COVID Insurance Risks to Surveyors, Valuers and Property Professionals
In January, many professionals were talking up the market, buoyed by the so-called Boris Bounce and predicting something of a cross-sector surge as pent-up demand came to the fore. How swiftly things can change. The main players in the residential sector are facing a catastrophic collapse in activity. Although technology may provide some solutions, a […]
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COVID Insurance Risks to Information Technology Professionals
The COVID-19 pandemic has put technology firmly in the spotlight. Insurers are likely to see an increase in claims and contractual disputes involving IT professionals. Increased demand for home working may reveal weaknesses in IT systems leading to an increase in claims. Huge numbers of people are now working from home. With organisations increasingly […]
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COVID Insurance Risks to Construction Professionals
Despite the construction industry’s exemption from Government lockdown, many contractors took the difficult decision to stop work on 23 March 2020 as a result of the COVID-19 pandemic. With approximately 3.3 million people employed in the UK’s construction sector, the success of your industry is clearly critical to the UK’s economy. Many suggested this was […]
Read moreModern risks
Recently an estate agent was fined over their data protection regime. Under the Data Protection Act, all organisations processing personal information are required to register with the Information commissioners Office. Failure to register is a criminal offence and could lead to a fine of up to £5,000 in a magistrates court, or unlimited fines in […]
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