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April 23, 2020 2:06 pm

The Risks of Working From Home You may be aware of the potential problems with staff working from home and the increasing issues of cyber crimes with criminals taking advantage of the lack of Firewalls and launching various fraud and phishing campaigns etc at this present time. Since February 2020, the National Fraud Intelligence Bureau (NFIB) has identified 105 reports of fraud where coronavirus or COVID-19 was mentioned, with victim losses totalling over £970,000. The majority of reports are related to online shopping scams where people have ordered protective face masks, hand sanitiser and other products which have never arrived....

10 things that can accidentally invalidate property insurance

April 20, 2020 1:11 pm

The nightmare scenario for anyone making an insurance claim is having it turned down, leaving them without any financial help to put things right. If the claim is only for a few hundred pounds, this might not be such a problem; but imagine if your house burns down, and you can’t claim to have it rebuilt? Here are some tips to help you make sure you are not accidentally invalidating your insurance policy. Locks on windows and doors – You need to accurately describe the types of locks your home has, otherwise you risk invalidating your cover. Leaving the key in the...

Travel industry faces record insurance pay outs as holidays and flights are cancelled

April 6, 2020 1:04 pm

Record insurance pay outs totalling at least £275 million will be made to travellers due to the coronavirus crisis, according to industry estimates. The Association of British Insurers (ABI), which made the calculation, said this is the expected total as payouts continue in the coming weeks and months. It means coronavirus-related payouts will dwarf the £62 million-worth of payments made for cancellation and disruption following the Icelandic volcanic ash cloud in 2010. The vast majority of coronavirus payouts will be for cancellations, the ABI said. It said the expected total will easily surpass the highest annual figure for cancellation payouts...