Floods are the most common natural disaster in the UK, and flooding is a major risk of business interruption to firms of all sizes. Don’t think of flooding as something that happens to other people. If you’re not prepared, even a small flood could utterly sink your business. It’s important that you conduct adequate flooding…
On 15 January 2021, the Supreme Court made an unprecedented decision. It ruled that small businesses affected by the Coronavirus pandemic should have their claims paid under Business Interruption insurance. The judgment was based on a test case brought before the Supreme Court by the Financial Conduct Authority (FCA), who regulate the insurance industry. The…
You May Be Operating Just Fine Without It But Business Interruption Insurance Might Just Rescue Your Business. Business interruption insurance is a type of cover that many small businesses and freelancers overlook. In truth though, protecting yourself against loss of income and increased working costs caused by unpreventable issues is one of the smartest moves…