SMEs and the New Frontiers

For some time, the practices of how personal lines insurances are sold and marketed have extended across SME commercial insurance. Packaged policies, sold online becoming more the norm. As the insurance sector hits a new era of digital-first selling, one can only see this crossover increasing more dramatically.   On the surface, this seems a…

Why you need an Environmental Impairment Liability (EIL) policy to keep your risks from spilling over

An Environmental Impairment Liability (EIL) policy is designed to cover unforeseen environmental damage discovered in the policy period for all business activities of the Insured. Environmental losses are, by their very nature, complex.  All too often early, ill-conceived, decisions can prove costly; leading to poor customer and client outcomes. These two recent cases demonstrate the…

X-Rated Tenants – Protecting Landlords

Simon Jones LLB (Hons) FCILA FUEDI-ELAE, Director As a member of the Insurance Institute of London Property Investors Committee, I had the pleasure of Chairing our recent lecture, “X-Rated Tenants – Protecting Landlords”; which was held at the Old Library, Lloyd’s, last Wednesday 16th November. Common property investor policy issues Our guest speaker was Toby Rodgers,…

Fire sprinkler rules: time for change?

Sprinkler systems have been proven to save lives and minimise disruption for businesses by containing and controlling fires quickly, thus reducing fire and water damage. Yet, only 20% of industrial buildings up to 10,000 square metres have fire sprinklers installed. In England and Wales, sprinklers need only be fitted in larger single storey warehouses which…

Learning lessons the hard way

The London Fire Brigade is 150 years old this year. In light of this milestone, they are looking back at significant and unusual events during this period. One of these events was a large warehouse fire close to Covent Garden Market in 1954. The blaze in a fruit and vegetable warehouse required 24 fire engines…