The causes behind the expensive High Net Worth premiums Extreme weather affecting high net worth property There is a clear link between increased home insurance premiums and bad weather events. The Association of British Insurers (ABI) has reported that record payouts for storm and flood damage have pushed up the cost of home insurance. Here’s a […]
Cyber Insurance helps you recover from a Cyber Attack A cyber attack is “any digital attack or interference, whether by a hacker or otherwise, attempting or resulting in extraction of information; disruption of access to or the operation of; or damage to: any data or computer or digital technology, including but not limited to any programs designed to […]
The London Fire Brigade has stated that the fastest-growing risk in the capital is [lithium battery-powered] e-bikes and e-scooters. As reported by the BBC, there was a 78% increase in e-bike fires in 2023 compared to the previous year, with 155 e-bike fires and 28 e-scooter fires recorded. It’s not just powered transporters that carry such […]
Multi-Occupancy Building insurance On 31 December 2023, the Financial Conduct Authority (FCA) implemented the Multi-Occupancy Building Insurance Policy Statement (PS23/14). Following a series of reviews the UK’s financial regulator the Financial Conduct Authority identified issues in the multi occupancy building insurance market which are leading to poor outcomes for leaseholders The FCA’s review of the multi occupancy […]
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