Why It Makes Sense to Purchase Legal Expenses Insurance

May 20, 2019 11:39 am

When taking out residential or commercial insurance, legal expenses is one aspect of cover that should not be overlooked. Legal expenses contracts fund the costs associated with legal and/or the costs of defending or initiating a court case. Legal expenses insurance can be purchased before an event happens as a precaution so that the policyholder is covered if an incident arises where they need legal expenses paid for. Some of the most common needs for legal expenses is to cover the legal proceedings incurred from the insured home or commercial premises, such as damage or nuisance caused by trespassers and...

More Than Half of British Businesses Witnessed Cyber-Attacks in 2019.

May 6, 2019 11:36 am

The number of UK firms reporting a cyber-attack has increased, though most businesses admit they are ill-prepared for a breach, according to research from Hiscox, an insurance provider and underwriter at Lloyd’s of London. A week hardly passes without news of a major cyber incident, and there have been great adverse effects associated with most of them. There is rampant data theft; ransom demands are steadily rising; as is the heightened hostile cyberspace within which businesses must operate. The cyber-threat is unavoidable in today’s business world. Hiscox surveyed approximately 5,400 small, medium and large businesses across the UK, Belgium, Germany,...