Month: January 2013

If you know or suspect your business may be at risk, taking action promptly is vital to minimise potential damage. Prompt action and notification of problems are often a standard condition of many professional indemnity policies. Insurers may reject a claim if they feel it could have been avoided, or made less damaging with earlier notification.

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Businesses are being advised to check their commercial vehicle insurance cover as premiums rise in line with the increasing number of claims for fuel theft. Theft of fuel is becoming a major problem for UK businesses. A weak economy and rapidly rising petrol and diesel prices is leading to a higher incidence of siphoning of fuel from lorries, non-payment at the pumps and stealing by employees.

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