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.
Month: January 2013
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.