Cyber Insurance for dummies
Cyber Insurance is just a gimmick. Nobody will hack you, will they? You hear about cyberattacks in the news when hackers break into the systems of some of the world’s biggest companies. Just because we only hear about the big companies, it doesn’t mean small businesses are not targeted. In fact, a recent study […]
Business Insurance News | June 13, 2019
The truth about the rising cost of data breaches
Whilst many businesses are increasingly vigilant in amending their work policies to mitigate the risk of cyber-attacks, many still don’t have adequate protective measures against cybercrime in place. In the Cyber Security Breaches Survey 2019, recently published by the Department for Digital, Culture, Media and Sport (DCMS), findings suggest that larger business are still […]
Business Insurance News | June 6, 2019
Is the threat of flooding in the UK on the rise?
For those who don’t take global warming seriously by now, you might be surprised at the predictions that have been made by the Environment Agency (EA) regarding UK flood defence. Reaching unprecedented levels Climate change has already had a major impact on British coastlines, moorlands, farms, towns and cities, not to mention the effect […]
Business Insurance News | May 16, 2019
Are increasing regulations halting the growth of your business?
Every business is affected by compliance and regulations, and meeting these can cause businesses to feel buried in paperwork, audits and restrictions. Whilst regulations are in place to protect some area of the industry and keep everything above board, many businesses have found they struggle to comply with all regulations and feel it could […]
Business Insurance News | March 6, 2019
How to check that your wireless router is secure from cybercriminals
Despite routers becoming increasingly easy to use and configure, most people don’t amend the settings of their router having set their Wi-Fi name and password. Yet without updating your router and security settings, you could be leaving your router open to cybercriminals and malware. Last year, the FBI issued warning that hackers had compromised […]
Business Insurance News | February 27, 2019
Exposing the data behind cyber attacks
Cyber-attacks are a widescale problem, affecting both businesses and individuals across the globe. They can have a hugely detrimental impact on both the reputation and running of your business with data breaches potentially resulting in legal battles and negative press. Revealing statistics from Verizon’s 2018 Data Breach Investigation Report (DBIR) show how cyber-attacks have […]
Business Insurance News | February 19, 2019
5 common mistakes made by start up businesses
Starting a small business of your own can be an incredibly fulfilling move for a keen entrepreneur with a bright idea. But sometimes the bread and butter of running your business can get buried under the responsibilities of navigating tax laws, understanding employment duties and ensuring you are fulfilling all other legal requirements. To […]
Business Insurance News | February 5, 2019
Innovative ways that businesses have cut their costs
Cutting costs is never an easy task. Yet sometimes, implementing the smallest changes can add up to substantial long-term savings. Is anyone olive out there? In 1987, American Airlines determined that if they removed a single olive from all of their in-flight salads, they would make an annual saving of around £30,000 each year. […]
Business Insurance News | December 13, 2018
Common fire hazards in a retail space
All businesses need to adhere to certain fire safety regulations as set down by law. Whilst you may have filled in all the forms, done all the necessary checks and made reasonable adjustments to your workspace, sometimes it helps to go over the basics. We take a look at some common fire hazards in […]
Business Insurance News | November 27, 2018
Why do some SMEs fail? What to do and what to avoid
Longevity and sustainability for a new business are difficult to master. Contrary to popular belief, 30% of new businesses fail within the first two years, according to the Small Business Association (SBA). The SBA goes on to state that 50% of businesses fail in the first 5 years, 66% in the first 10 years, and […]
Business Insurance News | October 18, 2018
Could offering health insurance for your employees reduce sick days?
Though technological advancements are changing the way the UK workforce operates, we haven’t been able to hand-off all our grueling manual tasks to robots quite yet. The lowdown Material handling, heavy lifting, driving long distance, guiding tools and even working on a computer keyboard are considered the norm for many workers, all of which can […]
Business Insurance News | October 11, 2018
How to handle a breach of data in your organisation
It’s a good idea for businesses to introduce both an internal and external plan of action should a data breach occur within their business. This will mean that your team will be better prepared and will have an increased chance of getting things right the first time. Ultimately, this could serve towards limiting damage to […]
Business Insurance News | September 25, 2018