Does Your Home Insurance Cover Your Home-Based Business?

December 10, 2018 12:56 pm

If you are running a business out of your home, don’t make the mistake of assuming that you can use your home insurance to cover you. Many people make this mistake and put themselves at risk by not purchasing commercial insurance. In actuality, most businesses, from selling online to wedding planning, require business insurance. A high proportion of small business ventures are based in peoples’ homes and are under-insured. Some business owners do not find out what coverage they actually need until an incident happens, and they find that their policy does not pay out. This is because the reality...

Cyber Attacked Ranked The Most Worrying Threat Facing Senior Managers.

December 3, 2018 1:58 pm

More than half the respondents said data loss, breaches or risks associated with the EU’s new General Data Protection Regulation (GDPR) are “very” or “extremely” concerning. Exactly half said cyber-attacks are just as worrying, with the number of public companies experiencing a significant attack or data loss increasing from 30% to 51% this year. Joanna Page, head of insurance litigation at Allen & Overy, which co-produced the research, warned that it was more important than ever for managers to know their responsibilities were. “For the first time, we see concerns dominated by the threats of cyber-attack and data loss – fears that...