Business transfer update
10 Feb
14 Aug
Why your buildings may be underinsured: A guide for businesses and individuals
Research undertaken by RebuildCostASSESSMENT.com has revealed that four in every five buildings they survey are underinsured by an average of 37%. It is a growing risk that is affecting buildings, machinery, plant, and other contents which concerns private individuals and businesses of all types[...]
09 May
A Guide to Trade Credit insurance
Free up capital, access better finance terms and be bolder with your growth plans Bad debts can happen unexpectedly at any time and for many reasons: a customer may become insolvent and go into administration or they may be unable to pay you because of poor cash flow. These bad debts don’t just hit[...]
07 May
Key things to consider when insuring your commercial property
Insuring your commercial property for an incorrect value or setting your limits too low results in underinsurance, which can have serious and often devastating consequences for businesses. Therefore, in the unfortunate event of a claim policies will not operate as intended, delivering less[...]
20 Dec
UK insolvency update - December 2023
Will companies survive rising economic turmoil? Stubbornly high inflation and weak consumer confidence continues to present huge challenges for British businesses. This reality is especially relevant to the Construction and Real Estate markets where its been reported that almost 30% of all[...]
07 Nov
Highest company insolvencies seen since 2009
The number of companies filing for bankruptcy in 2023 is on track to be the highest since 2009 according to UK government statistics. The same statistics have shown a 25% rise in companies at risk of going bust.
16 Jun
Is bad debt the biggest unacknowledged risk?
Businesses are set up by entrepreneurs who, by definition, are willing to take risks. As those businesses move forward and become more successful, business owners look to manage those risks, either by internal process, external insurance, or a combination of both.
22 Nov
UK insolvency update - November 2022
Will companies survive the economic turmoil? With inflation rates continuing to climb, rapidly rising costs and declining demands, businesses are now facing a weakened economic environment whilst still bearing the financial burden of the pandemic. During the third quarter of 2022, corporate[...]
05 Sep
UK insolvency update - August 2022
How are rising costs affecting businesses? With rising inflation, higher labour and material costs, and the withdrawal of COVID-19 support schemes, many businesses are struggling to stay afloat. During the second quarter of 2022 corporate insolvencies in England and Wales jumped to 5,629, a 13%[...]