Massage therapists use specialist massage techniques to help patients recover from injuries, or to manage chronic conditions. It’s a highly skilled role that brings many risks to both the therapist and their patients. So if you’re a massage therapist, it’s…
In this post, we’ll define what open insurance is and explore more about how it works and the benefits and risks using an open insurance business model. What is Open Insurance? The term “open insurance” refers to a business model…
The Financial Conduct Authority (FCA) regulates financial service firms and financial markets in the UK. An appointed representative (AR) is an individual or firm who can act as an agent for any firm directly authorised by the FCA. The AR…
While working on your tax return, for one reason or another you may have to refer to a previous year’s tax return. But what if you can’t find your old tax returns? Can you request a copy of a tax…
All businesses need professional indemnity insurance and public liability insurance. Together, these policies will cover your businesses for any mistakes you make in your line of work, whether they’re professional oversights or simply accidents in the workplace. But if your…
Bionic underwriting means using technology to enhance underwriting and the distribution of insurance products. What is Bionic Underwriting? Essentially, bionic underwriting means using artificial intelligence (AI) to automate certain time-consuming tasks that would previously have been handled manually. This gives…
Benefit in Kind: It’s not something that all self-employed workers will have to think about, as it mainly comes into play if you employ staff for your business. But even if you don’t employ staff for your self-employed business, it’s…
If you’re a self-employed freelancer or contractor, or you run a small business, then you will have to raise your prices from time to time. The news is full of the effects of inflation, the minimum wage and National Insurance….
If you work in healthcare, you might have heard of medical malpractice insurance. But you may be wondering – do you need it? And how much might it cost? What is Medical Malpractice Insurance? Medical malpractice insurance covers healthcare workers…
Class 4 National Insurance is for self-employed people with annual profits over £12,570. But to really understand Class 4 National Insurance, it’s worth learning about the other National Insurance classes, and who pays them. What is Class 2 & 4…