Duncan Sutcliffe, director, Sutcliffe & Co Insurance Brokers, explains, “Just like any industry, the insurance market goes through peaks and troughs. A ‘hard market’ is the upswing in a market cycle, when premiums increase and capacity for most types of insurance decreases.” A hard market can be caused by several factors: • Solvency Margins: Insurers…
Category Archives: General
Insurance companies are now more fussy than ever so if you want insurance for your care home to remain affordable and effective you need to make yourself attractive to the underwriters. One of the best things care businesses can do is to demonstrate a high standard of professionalism, risk management and a culture of ongoing…
After many years of ‘cheap’ insurance the rising costs of claims, various regulatory and legislative changes, falling investment returns, climatic events and coronavirus have forced insurers to take drastic steps to break even. The construction sector had the additional shock of Grenfell Tower, which has created far reaching concerns over high rise buildings, cladding and…
This has come about because insurance companies have struggled to balance their books in recent years but they now face a number of regulatory and legislative changes, a fall in the value of their investments, an increase in climate related claims and of course Coronavirus. All of these are forcing insurers to take a hard…
Undeniably, this pandemic is something none of us (besides Bill Gates) were expecting. It’s either risked or directly affected quite literally, every aspect of our lives. Our physical health, our businesses, our mental welfare, our occupations, our families, our social lives and anything else you could possibly think of, I’m sure it’s been affected. There’s…
We weren’t prepared to let the pandemic ruin our fundraising for our favourite charity – no way. Although, we also weren’t prepared to let our determination to support the cause compromise anyone’s safety. Due to the lockdown restrictions, we were forced to postpone our scheduled golf day to a later date. As restrictions eased and…
ISO 22301 Business Continuity has helped many businesses through the coronavirus pandemic, like our clients Stickee Technology and Healthcare rm . Whilst we’re already in the midst of a global pandemic, it is never too late to plan ahead for this or any other incident and ISO 22301 will help you achieve this. Having confidence in your systems Karl Binder, CMO of Stickee Technology and…
Sadly, during the coronavirus pandemic, there has been a lot of negative press surrounding care homes; high death rates, a lack of PPE and inadequate testing and reports of dementia patients deteriorating without family visits. However, our clients, Linden Care Homes Limited have found some positives during this difficult time. Providing the highest standards of care Linden Care Homes opened their Warton…
Back in May, the Prime Minister, Boris Johnson told us that ‘the UK will be changed’ . If there’s one thing we all have in common at the moment, it’s the shared experienced of change. It seems fitting that the first thing we’ve learnt from the pandemic is; adaptability. The Art of Adaptability Both businesses and individuals have endured major…
The voice of nursing across the UK The RCN have been supporting nurses and promoting the importance of nursing staff since 1916 when they opened their doors as The College of Nursing, a professional organisation with just 34 members. Today, they are the world’s largest nursing union and professional body, representing more than 450,000 members both…