Unwittingly, too many businesses are risking their survival and making it very difficult to bounce back successfully from a major loss. Baker Jayne can offer easy access to specialist assessments and valuations The problem is underinsurance and insurers, brokers and their clients need to work together to ensure that when a loss occurs the insurance … Read more

Rise in index linking percentages Many UK Property Owners insurers are about to impose dramatic increases in the index linking percentage rate, which is the amount premiums rise annually to reflect the growing costs of reinstatement. The rise is mainly driven by the increase in labour costs for building trades, as the demand for builders … Read more

On 12 February 2015 the Insurance Act 2015 received Royal Assent and was therefore officially law. The following summary is for ‘guidance’of what you need to know and what you should consider doing next. Current commercial insurance law is founded on the Marine insurance Act 1906, a statute comprised of eighteenth and nineteenth century case … Read more

Managers of small and medium businesses who assume that only the biggest companies are targeted by cyber attacks have already made their first mistake. A third of small British businesses suffered a cyber breach in the past year, according to a a UK government study, while just under half of such companies had any form … Read more

You may have seen in the press an announcement by the Lord Chancellor to cut the ‘Discount Rate’ (or Ogden rate) from 2.5% to minus 0.75%, effective from 20 March 2017. Whilst most of the attention in the press has been on Motor there is the small matter of Liability, especially Employers Liability, to consider. … Read more

In excess of two million drivers are committing offences on a daily basis by driving with expired licences, running the risk of being fined £1000 if they are caught and even more seriously, potentially rendering their motor insurance invalid. This problem has seemingly arisen since the introduction of photocard licences in 1998, which require renewal … Read more

Important regulation for landlords – Flues in Voids The Gas Safe Register has recently issued an important statement regarding changes to legislation for flues in voids. Some properties, mainly flats and apartments, have been built with boiler flues which cannot be inspected because they are hidden behind walls or ceilings. If the property has a … Read more

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