RobF

Cyber Liability Insurance With GDPR legislation about to come into effect on the 28th May now is the time to make sure you are covered incase you are unfortunate enough to suffer a cyber-attack or data loss. You have a duty of care to protect the data who hold on your customers.  According to HM Government & Marsh UK Cyber Security Report in March 2015 52% of businesses think they have cyber cover but in reality less than 10% actually do. Businesses big and small can be affected by cyber risks and according to the HM Government & Marsh report 60% of small businesses suffered a cyber security breach in 2014. This is why cyber insurance is important! How can Cyber Risks affect businesses? Virus or hacking attacks which stop customer transactions. Corruption of damage of data. Theft of intellectual property. Loss of customer, supplier or critical process data. Consequent [...]

Saving Business Expenses Whether you work in an office or a retail shop premises, there are numerous ways as a business owner you can save money or cut costs. The most important rule to follow when cutting costs is – pay attention to detail. It’s the smaller things that add up, especially when there are many smaller things. Although staff are often considered the life blood of your business (and rightly so), you need good staff to operate your business efficiently when you are not around, but are they costing you money? I’m not talking about wages here either obviously – good staff deserve good pay, and you will get more back than you pay out!What you should pay attention to, is the other things that they are doing on a daily basis, that are peripheral to their main tasks. Anyone who works in an office, knows there is [...]

We saved Mrs Glenn possibly £5000 Mrs Glenn owned a house which has been rented out for a number of years. The tenant left the property and Mrs Glenn found it difficult letting the property out & eventually decided that the house was to be sold. Assessing her risk, she decided that she only would require cover for liability to the land upon which the building sat and liability from the building itself. Mrs Glenn, who owned the building in Bangor, decided that insuring the land was her best option. She filled in our online form and we returned the land insurance quote to her by email within 30 minutes. Mrs Glenn rang the office and paid the premium by credit/debit card and received a discount for doing so. The policy ran for nearly 2 years when Mrs Glenn contacted us to inform us that she has received a letter from [...]

We Saved Mr McCann £200 on his insurance Mr McCann is a residential landlord with in excess of 20 properties on his residential property owner’s portfolio. Mr McCann contacted Property Insurance Centre for a Residential Landlord Quote after hearing we specialised in residential landlord’s property insurance centre. Not only were we able to beat the existing insurer’s premium by over £200, we were able to add contents cover to each of the residential properties for up to £5000 per property without any extra charge.Upon comparing cover Mr McCann also benefited from some extra cover on the policy that he did not have previously. He now has cover for malicious damage by his tenant up to £5,000, legal expense for the eviction of squatter & cover caused by damage from illegal drug factories if certain checks were carried out as per the policy. Get a Quote [...]

We saved Mrs Campbell £400 Mrs Campbell from Newtownards insured her home with a local broker for more than 20 years. Her buildings and contents were insured along with some valuable items such as jewellery. Her premium steadily increased every year and Mrs Campbell eventually decided to search for an alternative. It became clear her buildings sum insured with her previous insurer was far too high as they insured for a nominal value up to £1,000,000. Property Insurance Centre advised Mrs Campbell that she could save substantially by obtaining the correct reinstatement cost of the Building. Mrs Campbell was able to obtain the correct sum insured which was £120,000 and saved herself a fortune by reducing the sum insured from the nominal figure that her previous insurer applied to her cost. We also were able to provide extra cover and she now has legal expenses and home emergency cover additionally on [...]