Those owners who think that they can do without unoccupied property insurance are being warned to think again, as the number of empty houses and flats being targeted for burglary is on the increase. Official figures and anecdotal evidence from the UK’s police forces suggest that empty properties are seen as a very viable target … Read More
Construction Industry – OFT Fines Cut
Anyone interested in construction insurance will be interested to learn that firms fined in the Office of Fair Trading’s largest investigation into the industry’s sales and tendering practices are having their penalties cut dramatically. It will something of great interest to construction insurance executives, as the fines were a major drag on the various companies … Read More
Titan Business Insurance: Slow Recovery
A top business insurance broker is warning that the UK economy is set to be slower than expected. Titan Business Insurance, which handles policies for a large number of individuals, companies and organisations, notes that the Organisation for Economic Co-operation and Development (OECD) believes that the recovery in the UK will be subdued for at … Read More
What Is Professional Indemnity Insurance?
When you ask yourself, just what is professional indemnity insurance, think about the sort of scenario below. As the name implies, professional indemnity insurance is there to protect the professional – the insured – from any legal action that might be brought about through their actions. Now let’s say, for the purposes of this illustration, … Read More
Titan Business Insurance: Crisis Management?
Events not only in Japan, but also in the Middle East have demonstrated that all companies, whatever their size, need to consider, ‘what if planning’, says a top business insurance operation. Titan Business Insurance believes that companies, no matter what their size, have to plan for the worst to happen, because then, if it does, … Read More
Landlord Insurance – Party Comes to an End!
The Press Association is reporting, and this will be of interest to all those who take out landlord insurance, that those who rent out property in Scotland for parties to anti-social tenants will face huge fines. They are known as “party flats” (try getting landlord insurance cover for these!) and by letting these out for … Read More