Small businesses have possibly never faced more challenging trading conditions, but there are certain measures that SMEs can take that can help mitigate the...
News and Insights
And how owners are protecting their businesses against threats with the mounting pressure of the cost of living crisis
The number of companies relying solely on their own fleet of vehicles to provide mobility for their employees has been declining for several years. Conversel...
December is the month of celebrations for many of us as we head out to meet family, friends and work colleagues to enjoy the festivities. Before you head out...
As we approach winter, it’s important as a business, you begin to think about what might happen if more employees than usual are off sick or unable to get in...
Towergate are incredibly proud to share the news that for the third year running, they have been awarded the Investor in Customers (IIC) Gold award for 2022.
Road Safety Week takes place between 14th and 20th November 2022. The theme of Road Safety Week 2022 is SAFE ROADS FOR ALL, bringing together communities and...
Silicosis is a pathological condition of lungs, which is caused by inhalation of silica. This condition develops after exposure to silica dust over time. It...
New terrorism legislation is due to be introduced in the UK. A response to the suicide bombing at Manchester Arena on 22 May 2017 which killed 22 people and...
They are injuries or pain in the human musculoskeletal system, including the joints, ligaments, muscles, nerves, tendons, and structures that support limbs,...
US outdoor clothing retailer Patagonia made headlines when the owner Yvon Chouinard announced he was giving his company away to fight climate change.
The use of fork-lift trucks and power pallet trucks (FLT and PPT) are a significant boon to almost all operations, removing several risks and adding a level...
Yes – I’m afraid so ... it looks like health and safety madness. But I’m going to try and look at the risks, provide some food for thought (not Christmas pud...
There’s no way to sugar-coat it: there’s a cost-of-living crisis in the UK right now, and things are only going to get worse.
Whilst the UK has one of the safest environments in which to work, with realistically, very low incidents of fatalities, fatal accidents still occur and are...
Since most businesses in the UK now use the internet, email or cloud technology as an integral part of their operation, they become ever more reliant on tech...
FloodFlash surveyed 500 financial decision makers either at risk of flooding, or worried about the risk of flooding and 200 insurance brokers to find out wha...
W&I insurance can be obtained either by the buyer or the seller in a transaction to protect either party from unknown or unforeseen liabilities resulting in...
The Building Safety Act 2022 (the Act) became an Act of Parliament on 28 April 2022. It brings with it the most wide-ranging changes to building safety that...
Back in May 2022, The Architects Registration Board (ARB) released new draft guidance on the insurance cover architects must arrange to ensure they’re compli...
Listen to any weather update this week and you’ll hear it – the UK is experiencing a heatwave, with expected highs of over 30 degrees.
As fresh warnings are issued that up to 50% of businesses do not have adequate insurance, it’s important that commercial property owners take steps to check...
Starting your own small business is as exciting as it is nerve-wracking. Being your own boss is a great opportunity to enjoy the freedom of making key decisi...
It seems every time we go to the petrol station the cost of fuel is going up, from one day to the next, there seems to be a penny increase here and a penny i...
P&O has drawn widespread condemnation for the way it has dismissed around 800 employees from its ferry services in the UK. The affair has brought attention t...
The insurance industry has seen the arrival of an era of digital insurance transformation in response to changing customer needs and the Covid 19 pandemic.
One policy. One premium. One renewal date. Sounds simple, right? In this guide we’re stripping Commercial Combined Insurance back to basics to be just as it...
Self-care doesn’t have to be self-indulgent, and it’s not just for women. It’s a vital element of being a functioning person in society.
Data from our partners at FloodFlash suggests that British businesses are under serious threat. Are they aware of the threat though?
More and more litigation is being brought against individuals within business senior leadership teams who make decisions on behalf of the business.
Lynn Mildner, Towergate’s Director of Credit, explains how 2022 is looking mildly optimistic on growth but insolvencies will increase.
As inflation hits, it's never been more important to check the rebuild cost of your property - the implications of not having the right level of protection i...
Read our assessment of the UK and global insurance markets in 2022.
Simon Broome, Towergate’s Risk Manager, discusses the importance of your colleagues mental health and well being.
Marcus Alcock, editor of Emerging Risks focuses on the biggest threats, that he believes, businesses will be facing in 2022.
Friday, March 25th, 2022, will see existing mobile phones rules strengthened with a crackdown on drivers who use their mobile phones behind the wheel.
Gavin Snell, CEO of WorkNest, provides insight from their ‘Mind the Gap’ report, which evidences a divide between employer and employees across a host of emp...
Mark Brannon, Commercial Director at Towergate asks, is the now the time for ‘The Great Re-set’?
Your business flood risk factsheet. Time and tide wait for no one, so there’s no time like the present to be sure that you’ve taken the necessary precautions...
Underinsurance remains a hot topic across the UK - Will Molland of RebuildCostASSESMENT.com predicts how the risk of underinsurance will continue to grow in...
Using VR headsets at home may be great entertainment, but new statistics from Aviva have highlighted an increase in home insurance claims caused by VR-relate...
Extreme weather such as a storm can cause widespread damage to homes and businesses, leaving many of our clients needing our help simultaneously. If you’ve b...
We have had clients in Northern Ireland getting in touch to ask what their insurer’s stance is regarding the potential for ‘forced’ admissions to care homes...
Lindsey Nelson of CFC Underwriting, predicts how the cyber threat in 2022 will grow and how insurers need to prevent and respond as quickly.
It’s a common misconception that a holiday will solve employee burnout. But when we probe a little harder it’s easy to see why this logic doesn’t make sense.
The information on this page is provided by Capsticks for Towergate. Capsticks are specialists in defendant medical malpractice law and the below is a Roundu...
Heavy rain and gale force winds reaching more than 90mph, brought widespread flooding and storm damage to the UK on Sunday, courtesy of Storm Ciara.
A Cyber Security Breaches Survey by the Department for Digital, Culture, Media and Sport (DCMS) found that 39% of all UK businesses reported a cyber breach...
2021 has been another challenging year for businesses, with yet more disruption to “business as usual”. While life was slowly starting to get back to some fo...
The National Cyber Security Centre (NCSC) are urging UK organisations to bolster their cyber security resilience in response to malicious cyber incidents.
The British Heart Foundation have released new guidance on performing CPR.
The Highway Code has been updated to include new rules, in a bid to improve road safety for all users.
With the sale of non-electric cars ending in 2030, and hybrid sales ending in 2035 in the UK, the electric car question has been on many people’s lips – the...
We have written previously about the massive shortfall in insurance cover for UK commercial properties. RebuildCostASSESSMENT.com recently estimated that bui...
2021 has been another challenging year, with yet more disruption to “business as usual”. As many offices close their doors to employees once again, it is a g...
According to the British Retail Consortium, 2021, the HGV driver shortage is reported to have increased over the last five years from 45,000 in 2016 to 76,...
The announcement of a new 1.25% tax hike to generate extra funding for the NHS is not the saving grace many wish it was.
As the nights draw in and jumpers come out for the autumn season, crispy golden leaves can look pretty, but can become a nuisance when they start to block yo...
The Mail on Sunday has reported a cyber attack on exclusive jewellery firm Graff. Cyber criminals are alleged to have leaked up to 69,000 confidential docume...
As the organiser of a fireworks display your liability insurance is for the safety of spectators and staff present during the evening. We have brought togeth...
Contractors have been left reeling by another huge materials price hike as a major concrete products manufacturer announced 15% increases.
Does your home insurance cover your new 'shoffice' and personal storage unit? With the increasing popularity of conversions to home offices, gyms, drinks bar...
The topic of climate change is not far away from most conversations, particularly given high-profile events and protests that have taken place. While the met...
Through a nationwide survey and an analysis of Spotify, Towergate have explored the relationship workers have with music while working.
September 2021 was a landmark month for all the wrong reasons, with businesses and consumers having to face up to further and significant challenges. It hard...
The UK construction industry is facing mounting pressure from the worst supply chain crisis in decades. Being driven by the fallout of coronavirus and Brexit...
While Brexit and covid-19 have led to supply chain issues and adapted business operations, the insurance implications of these are often not taken into accou...
For the last two years, the insurance market both in the UK and globally has been hardening at a rate not seen since 2001/02.
Preparation checklists and risk mitigation strategies for summer flooding, especially those that affect commercial properties.
In this article, we will look at some of the worst affected flooding areas, those most at risk and some of the worst recent floods (including flash flooding)...
Cyber insurance capacity is expected to reduce with some insurers exiting the cybermarket, resulting in higher rates, as insurers encounter both a higher fre...
A startling fact is that you are now more likely to go to a colleague’s funeral because they have killed themselves than because they died in a workplace acc...
Finding the right level of insurance cover can be a time-consuming, complicated and expensive task. Read our top tips to help.
Ratings agency Moody’s has given a stark warning that the UK should anticipate a rise in credit risks given the prospect of an unwinding of the level of gove...
Legal and rules changes associated with Whiplash Reforms came into effect on 31 May 2021. While it will take a bit of time for the insurance industry to full...
Arson and hot works are among the most common causes of fire in the UK, whilst modern methods of construction are also a leading factor in many fires. With...
Learn more about email phishing and the importance of securing your online data. These top tips will protect you from potential hacks.
The end of the financial year is a busy time for businesses as they race to achieve their numbers, with many finance teams preparing for the tax season. Thi...
Cyber insurance capacity is expected to reduce with some insurers exiting the cybermarket, resulting in higher rates, as insurers encounter both a higher fre...
The Insurance Act 2015 was created to help you get fairer treatment from your insurer in the event of a loss or claim. However, the Act also stipulates that...
As the flood season heralds Storm Christoph, the Met Office has issued amber and yellow warnings as two months of rain is set to fall in just three days. Som...
As winter approaches, it is important that businesses are protected against adverse weather conditions. Read our checklists to help you.
Here we explore the UK’s flood landscape; why the risk is increasing; and examine the various measures and flood insurance available to help protect you and...
UK commercial properties underinsured by £325 billion. Latest data has again highlighted a massive shortfall in insurance cover for UK commercial properties....
Read our article on the evolving nature of cyber risks and the changing landscape since the start of the pandemic; and what it means for you, including how t...
As we head closer to the holiday season, the threat of terrorism in the UK grows. Following a spate of attacks in Europe, UK alert levels have been upgraded...
Amidst the potential turmoil of another spike in infections from the coronavirus, the UK is facing the double whammy of its messy departure from the EU. T...
For more than a decade the insurance industry has operated in soft market conditions. Now, however, it is starting to experience a hardening market. That mea...
Towergate Insurance Brokers’ staff have been working tirelessly from 2,000 home offices, right across the UK, to support you during lockdown.
A right of light is an easement granted to a freeholder (or leaseholder or tenant, by assignment) which grants them the legal right to enjoy a reasonable amo...
The insurance market in the UK has been hardening at a rate not seen since 2001/02 and the Covid-19 pandemic has only accelerated this trend. This means that...
Coronavirus is impacting our lives in many ways and changing our routines. It has also caused the price of oil to fall meaning that both people and organisat...
Cybercriminals are likely poised to attack as Magento 1 reaches “end of life” leaving retailers highly vulnerable. After publishing a final security patch on...
Arrange your business insurance can be a time consuming and stressful process in normal circumstances, but with the UK insurance market hardening at a rate n...
Think of a ransomware attack and you may picture a hacker targeting employees who use laptops or desktop devices. Yet hackers are both opportunistic and reso...
Manchester United are suing the makers of the popular Football Manager series for allegedly infringing their trademark by using their name “extensively throu...
Insuring against the risk of terrorism and political violence after the Coronavirus lockdown may not be seen as a priority for businesses at this time, but t...
It has been highly publicised that Cybercriminals are exploiting the uncertainty that COVID-19 has brought, to their advantage. We first identified this back...
The insurance market in the UK is currently hardening at a rate not seen since at least 2001/02. This means that we are in the phase of the market cycle wher...
The past few weeks have seen widespread Black Lives Matter protests following the death of George Floyd in Minneapolis at the hands of police.
For the last two years, the insurance market both in the UK and globally has been hardening at a rate not seen since 2001/02.
A review of the conditions between 2017 and 2019 impacting the global (Re)insurance market and UK insurance market, plus some specific sectors of note.
Businesses are exposed to disasters all the time, including IT system failures, cyber incidents, power outages, major losses, i.e. fire or flood at site, epi...
With a new year comes new challenges. However, by looking at recent developments and current activities, there are clear trajectories on what might take grea...
The escalating situation around Covid-19 is demonstrating why it’s important for businesses to have in place a robust Business Continuity Plan (BCP) to ensur...
As a business, your top priority will understandably be keeping a competitive advantage and ensuring that you remain an attractive proposition for your clien...
Watches are highly collectable, take up little space and incur no Capital Gains Tax. As such they are becoming increasingly popular as an investment option....
More than half a million households using Creda, Hotpoint and Indesit washing machines have been urged to unplug them immediately due to the risk of fire.
An investigation has been launched into the fire at a student accommodation block in Bolton on 15 November, which spread rapidly to the upper floors of the b...
It has been a torrid week in flood affected regions of England after the rivers Don, Severn and Avon burst their banks, with thousands of residents and busin...
The insurance market in the UK has been hardening at a rate not seen since 2001/02 and the Covid-19 pandemic has only accelerated this trend. This means that...
A recurring and entirely legitimate question from UK businesses is whether cyber insurance will pay out in the event of a claim. The recent reassuring answe...
With continued uncertainty over Brexit, but with the Government’s avowed intention to leave the EU by 31 October, freedom from Green Cards may come to a swi...
So called "ransomware" attacks against businesses have surged in 2019*, underlining the need for continuing vigilance against the growing threat of cyber attack
The government's decision to make only moderate changes to the system which sees courts determine how much insurers should pay out to claimants in cases of l...
With Brexit agreement hanging in the balance, and much to still surface on the precise nature of our departure arrangements, there are things that need to be...
Recent fires at premises as diverse as Ocado's distribution centre in Andover, Chester Zoo and most recently Notre Dame Cathedral, have been found to be caus...
The Homes (Fitness for Human Habitation) Act 2018 will give tenants new rights, including the ability to sue landlords who fail to adequately maintain their...
Towergate began its journey in 1997. Since then we have acquired many local insurance brokers, growing rapidly to become one of the UK’s largest insurance...
When the HSE launched its controversial Fee for Intervention scheme in 2012, there were concerns that this was little more than a money raising exercise by...
Although investigators now say that the most likely cause of the recent devastating fire at Notre Dame was an electrical-short circuit, initial reports sugge...
One of the benefits of running a business as a Limited Company is the reassurance of ‘limited liability’. This means no personal liability for any financial...
A deep area of low-pressure, which will advance across the north of the UK late on Tuesday into Wednesday morning, has been named Storm Gareth. Gareth will b...
The UK is currently part of the European ‘free circulation zone’ meaning UK motorists can legally drive their vehicles in any European Economic Area (EEA) c...
In 2016, the CEO of FACC, a Chinese owned, Austrian-based aerospace parts manufacturer, was duped in a social engineering scheme that ultimately cost the com...
Shopping around for commercial insurance can be a time consuming and stressful process.
It’s that time of year again, with snow and ice on the way. And with cold weather comes the risk of burst pipes and escape of water. During winter, frozen pi...
Business Interruption Confusion continues and Underinsurance remains a key problem, suggests the CII.
Losing one vehicle due to fire can be a costly and disruptive event. Losing a fleet of vehicles due to fire spreading to several vehicles parked close togeth...
Directors of many of Britain’s companies may face large liability risks if unprepared for Brexit. According to insurance consultancy Mactavish, this will par...
Forecasters have warned of a repeat of last year’s Beast from the East until March. This time last year extreme weather stranded drivers on motorways, ground...
Businesses that stockpile goods in preparation for potential Brexit related disruptions are leaving themselves at risk of being underinsured.
Smaller companies are ‘losing talent’ to larger competitors because the benefits they offer are less attractive.
Insured or not? Directors face increasing defence costs and bigger fines
Bonfires and fireworks events can be popular fundraising opportunities but have the potential to cause damage and serious injury. If your school, charity or...
As a business owner you may have already experienced the time-consuming process and stress that can be associated to dealing with a claim.
After one of the hottest summers on record, UK insurers are now bracing themselves for a surge in subsidence claims.
Control your driver risks, protect more than your bottom line
Economic crime continues to be a major concern for organisations of all sizes, across all regions and in virtually every sector. One in three organisations r...
With no end in site for the current UK heatwave, for those in the leisure and tourism sectors 2018 could well turn out out to be one of the finest summers o...
World Cup £1.5BN insurance shines spotlight on cancellation cover.
A guide on how best to arrange your business insurance.
Cyber & Data - Digital technologies are an essential part of business today. All businesses rely on information technology (IT) infrastructure to some degree...
Following the recent terror attacks in Manchester and London, we’ve had some questions about insurance cover. Here’s how Group Income Protection, Group Criti...
Already under attack from several directions, including ever more stringent regulatory compliance and the threat of shareholder activism, the last thing that...
When disaster strikes, a quick effective response can be vital to keep you in business. Large losses can be complex and need assistance from experts.
Liability premiums set to reduce as Civil Liability Bill unveiled.
The technical bit. Regulation 7 of The Management of Health and Safety at Work Regulations 1999 states that “Every employer shall, subject to paragraphs (6)...
Risk Management can be challenging at the best of times. So we thought you might appreciate some useful tips..
3 reasons why you should talk to Towergate about your Private Client needs:
You will now be aware of the recent announcement about the liquidation of Carillion. With such a massive and complex failure, at this stage some of what is b...
The sudden collapse of UK construction conglomerate Carillion means that crucial steps will need to be taken by affected suppliers to ensure the best possibl...
Personal Accident and Business Travel delivers vital business interruption protection and helps customers meet their legal obligations. Additional services o...
UK insurance brokers have called on the Government to act quickly to implement changes to the system which sees courts determine how much insurers should pay...
Towergate Insurance Brokers is strongly committed to protecting clients from environmental risks. There is no substitute for experience and Towergate Insuran...
Construction professionals continue to be left in a state of some confusion, in the aftermath of the appalling fire at Grenfell Tower.
Our EXCLUSIVE Health & Safety portal that will help keep your business in great shape.
Valuation experts Barrett Corp & Harrington say “On average 77% of the properties they survey are underinsured by 45%”
Cyber Crime can affect any business. To view the informative video regarding the risk of cyber crime to your business select the link within the main story.
There are three key areas to a management liability policy, Directors and Officers Liability, Employment Practices Liability and Corporate Legal Liability....
It’s been a year of tumultuous news, from the unexpected death of David Bowie, the rise and fall – and rise again – of Boris Johnson, and most recently the e...
In his Autumn Statement, The Chancellor, Philip Hammond, unveiled plans to raise insurance premium tax (IPT) to 12% from 1st June 2017, up from the 10% previ...
On 4th May 2016, the Enterprise Act 2016 was passed. This new legislation provides policyholders with a potential right to claim for damages due to late paym...
If you answer yes to any of the questions asked in the attached document, then speak to us about Credit insurance cover
It should come as no surprise that the event that will have the most pressing consequences for Towergate clients (and underinsurance) will be the decision to...
The UK Government advises that the threat level from terrorism in mainland Britain for the UK is currently ‘Severe’, which is the next level up from ‘Moderat...
The Insurance Act 2015 represents a seismic shift in insurance law since 1906 and came into force on 12 August 2016. The requirements of the Act are exactin...
