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The end of British Summer Time is traditionally the time when motor insurers see the start of an increase in claims associated with driving in Winter. With the nights drawing in and with wet and slippery roads, drivers need to be even more attentive in avoiding ‘rear end crashes’.
Franklands has revealed their latest results for their customer satisfaction questionnaire and they show that the Chartered Insurance Broker, based in Derby, always provide their clients with the highest quality service.
No manufacturing business would like to think that following a major incident their business would be interrupted for a substantial time, with a resulting loss of income. But this can and does happen and you need to be prepared should you find yourself in this situation.
Business interruption insurance will cover the loss of income and or additional expenses, that your company would suffer in the event of a disaster and is possibly the most important insurance coverage available to manufacturers. There seems little point in replacing Buildings, Machinery and Stock if a sustained loss of income forces the company out of business.
As a manufacturer, you will understand the need to insure your machinery against damage and theft, but are you aware that the breakdown of your machinery wouldn’t be covered under a standard contents insurance policy? The loss of machinery due to breakdown could have potentially serious consequences to your business, such as a reduction in turnover and a subsequent loss of profit.
To protect your organisation from this risk, you need Machinery Breakdown and Machinery Loss of Profits Insurance, and here are 3 reasons why:
When looking for a suitable challenge to raise funds for our annual charity, Macmillan, our intrepid team decided that the Wild Warrior eXtreme ultimate mud run might offer a gentle stroll on an Autumn Sunday morning in Derbyshire.
Here at Franklands, we've compiled 7 things you need to know about Directors and Officers Liability Insurance. Read all 7 below:
What is Directors & Officers Insurance
D&O insurance policies offer liability cover for company managers to protect them from claims which may arise from the decisions and actions taken within the scope of their regular duties.
Franklands has launched a new online driver risk assessment tool allowing companies to stay on top of their legally-obligated risk assessment practices.
For companies that employ fleet drivers, or any sort of drivers at all, you may be surprised to hear that over 30% of all motor accidents involve a person who is driving for work. As well as the health of your employee being at risk, the costs associated with vehicle damage, replacement vehicles, administration costs and down time could soon mount up - leaving you in a poor state of affairs.
Midlands’ insurance brokers and risk management specialists, Franklands, were one of more than 30 sponsors and exhibitors at this year’s Innovation Day, the foremost Life Sciences event in the region.
Franklands exhibited at the event, which took place at The Nottingham Belfry and also sponsored the Best Start-Up award at the Medilink East Midlands Business Awards dinner.
Often overlooked by technology firms, business interruption insurance is a crucial product that can helps your business continue to trade by protecting loss of revenue following a property damage claim.
Although your professional indemnity, property and liability insurance covers you against liability claims made by customers, employers and members of the public – what will keep your doors open if a key supplier suffers a property claim which impacts on your ability to trade?
It is an exciting time in the life of your business when you’re looking to expand overseas. The potential to tap into growing markets, around the world, brings about a huge profit potential, but also a plethora of risk too.
So what needs to be done to facilitate overseas trading? Here’s some essential tips for those technology firms looking to expand overseas:
Businesses face a growing threat in person, over the telephone or through e-mail from fraudsters pretending to be someone they are not, in order to secure bank account access details. These money transfer scams are the most common scams that consumers fall for with banks and insurers suggesting that this is now a daily event with circa 50, or so, a day being successful.
The Information Commissioner’s Office published a report in June 2014 entitled “Learning from the Mistakes of Others”, listing the most common security weaknesses identified during their investigations of data breaches and how these can be avoided.
The Information Commissioner’s Office issued fines for many of these incidents, but the offences could have been avoided if the industry standards identified in the report were adopted.
Being at the forefront of innovation, technology businesses can be exposed to risks that their insurer may not even cover full stop, let alone in include in their actual policy.
In the rapidly changing world of technology how do you protect your thriving ICT business in an unstable and sometimes unfamiliar market?
Here’s 3 ways insurance can help protect your business…
Surveying is one of the oldest and most traditional professions. Its health is very much tied to the economy, both for general practice in terms of property sales and valuations and also in construction with increased, or decreased activity for construction professionals such as Quantity Surveyors, Project Managers etc.
As a result the underwriting performance for insurers has often been poor and the profession has consistently faced difficulties with obtaining affordable Professional Indemnity Insurance.
To make sure your surveying firm is ready to submit a new application, or renew an existing policy, here are 5 things your policy should include…