Category: Uncategorised
Race Discrimination Claims: Dos and Don’ts for Hospitality and Leisure Businesses
Grasping the Equality Act 2010 Understanding the complexities of the Equality Act 2010 is essential for businesses in the hospitality and leisure sectors, especially when addressing race discrimination claims. This legislation prohibits race-based discrimination in the provision of goods and services to the public. Importantly, compensation can be awarded for emotional distress, even without physical […]
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MLP vs D&O Policies: What’s the Difference?
Often people ask “What exactly is an MLP policy, and how does it differ from a D&O policy?” You’ll be aware that if you are a senior director or officer of a company you have a range of duties and also liabilities. If you fail in those duties then there are a number of stakeholders that […]
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Understanding Living Costs Impact on Employment Dispute Insurance Prices and Tribunal Claims
Introduction In response to the recent surge in living costs, this post explores the impact on employment dispute insurance prices and the concurrent rise in employment tribunal claims. We delve into how heightened living expenses shape these trends and discuss HR’s role in mitigating these effects. Additionally, we offer insights into strategies aimed at curbing […]
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Employment Tribunal Numbers: A Growing Trend in Recent Years
The landscape of employment tribunals has experienced a significant shift in recent years. The numbers of cases being brought before tribunals has steadily increased, reflecting a growing trend that has implications for both employers and employees. In 2022/23, the total number of employment tribunal cases reached unprecedented levels. The annual and quarterly interim totals for […]
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Professional Indemnity Policy for Insurance Brokers
What is Professional Indemnity Insurance (PII) for Insurance Brokers? PII for Insurance Brokers is designed to protect such professionals from potential claims made against them by their clients. These claims often stem from perceived professional negligence, such as errors, omissions, or failures to perform their duties. Not only is this insurance legally required for most […]
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Employment Tribunal claims cases in the UK
Employment tribunal claims are not uncommon in recent years, leading many HR companies, HR consultants, and Employment Lawyers seriously consider Employment Tribunal insurance. This type of insurance covers legal costs and expenses incurred in defending or settling employment tribunal claims. The coverage provided by Employment Tribunal insurance typically includes: To emphasize the importance of Employment […]
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Custodian to launch new MLP product
We are pleased to launch our new Management Liability Product (MLP) and would like to outline how insurance brokers can benefit from offering our product. What is MLP? You know what it means but we would define our MLP as an insurance product that helps protect directors, managers and commercial businesses from claims alleging ‘wrongful […]
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Custodians for our insureds, brokers, and insurers
Service is an easy word to say… But so much harder to deliver. What does it mean? For us, it definitely does NOT mean being all things to EVERYONE or underwriting everything that hits our desk! So, what DOES it mean for us? It’s about being straightforward: we like something – we let you know. […]
Read moreCyber Insurance for Professional Services
The rise in cyber attacks is everywhere. As the statistics of losses and breaches are becoming more prevalent, protecting online elements of business is at the forefront of everyone’s minds. But why is cyber insurance for professional services, such as accountancy and consultation, particularly important? Word of mouth is spread on an increasingly digital platform. […]
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Why do SMEs need cyber insurance?
Why is cyber insurance for SMEs a necessity? Statistics show that SMEs in particular are more vulnerable to cyber threats, and have suffered more attacks in the last year than their larger counterparts. Not only have the frequency of attacks increased, financial repercussions have too. Studies conducted by LSE have shown that just one breach […]
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