The threat of floods has increased significantly in recent years, and these rough waters don’t appear to be leaving us anytime soon. According to The Environment Agency, seven of the UK’s top 10 wettest years in history have occurred since 1998, and The Met Office predict that climate change could …
While any business relationship can be complex, adding a family dynamic to the mix creates unique issues and risks to navigate. Director and officer claims, employment-related legal actions and errors and omissions can affect family businesses more than other businesses. Pound Gates Insurance Brokers can develop a bespoke insurance programme …
Simple strategies small business owners can take to identify and manage top risks Optimism is the fuel that drives the entrepreneurial spirit, so it isn’t surprising that most small business owners consider themselves optimists. Too much optimism, however, can get a small business owner into trouble. A business plan built …
Charities face many risks that can result in loss, damage or liability for trustees – and for the charity as a whole. Risks include a loss of a charity’s assets or resources, damage to a charity’s property and third party liability for professional indemnity or public liability. Part of mitigating …
When the time comes to buying or renewing your insurance policy, do you simply go online or do you use a broker for advice? With under-insurance posing a big problem, the broker’s role, as a trusted adviser, is becoming increasingly important. In this video, created by BIBA (British Insurance Brokers’ …
If a fire causes your facility to be temporarily unusable, what would you do next? Would your business be able to pay utilities, wages or any other standing charges without any income? It could take months before the damaged property is rebuilt and the stock, machinery and equipment are repaired …
Hosting events such as concerts, festivals, conferences, trade shows, sporting events and celebrations subjects a business to a variety of liabilities and risks that must be considered to avoid costly litigation or other losses when something goes amiss. Appropriate covers for events include Property Damage Insurance, Public Liability Insurance, Employer’s …
Most people think that only businesses in certain industries such as waste management or chemicals manufacturing need environmental impairment liability. However, all businesses need to assess their environmental liability risks and review how their activities could affect the surrounding environment. Natural or man-made pollutants can be released through many different …
Pound Gates was delighted to be included in a recent article by Insurance Business which focuses on the contribution insurance brokers are making in their local communities. This is highlighted by a survey carried out by specialist insurer Ecclesiastical. It found that: 75% of the 250 brokers surveyed believe it’s important to …
The warmer weather brings with it the increased risk of storms and flooding. To help you protect your business we have put together a business flooding toolkit which contains advice on how to find out whether you are in a flood risk area, a sample business flood plan and advice …
