Rebuild Cost Assessment
Buildings should always be insured for the amount it would cost to rebuild them. However, fewer than one in ten commercial properties in the UK are covered correctly. Read our article for some guidance on this issue.
FCA Policy Checker
Clients with business interruption (BI) insurance can now refer to a policy checker provided by the Financial Conduct Authority (FCA).
FCA Test Case Supreme Court Judgment
On 15 January, the Supreme Court handed down its judgment on the FCA’s business interruption test case. It remains the case that most SME business interruption (BI) policies are focused on property damage and only have basic cover for BI as a consequence of property damage, so are unlikely to pay out in relation to the COVID-19 pandemic and its effects.
Unoccupied Property Market Response – Lockdown 3.0
It is important to distinguish between temporarily closed premises due to COVID-19 and previously longer terms unoccupied premises, the responses contained below are specifically for temporarily closed premises due to government guidelines and will not apply for premises that fall outside of the guidelines.
Prepare your business for Brexit – Jan 2021
A post-Brexit trade deal could be sealed as talks between the UK government and European Union continue this week. Before the weekend, both parties said that ‘no-deal’ was the most likely outcome. Whether or not a deal is agreed, you should ensure that your business is prepared for operating under new rules.
Brexit and Driving in Europe
It is now a legal requirement to carry a physical document known as a Green Card when driving in Europe.
FCA Test Case Judgment
The Financial Conduct Authority (FCA), the UK’s financial conduct regulator, brought court proceedings in July 2020 to test how certain business interruption insurance policies respond to claims arising from COVID-19.
Re-opening in the wake of COVID-19
The COVID-19 pandemic has interrupted many businesses across the country and many employers are now looking to the future of employees returning to work.
COVID-19: Preparing for a second wave
Are you ready for a second wave? You should start planning today so that your business is properly prepared if this happens.
Don’t take your eye off the ordinary
Whether you describe the current business conditions as uncertain or unprecedented, one thing is for sure…now is not the time to lose concentration. Many businesses are experiencing what some commentators euphemistically refer to as ‘challenges’ but here at H2i we...