Let’s face it; insurance is a grudge purchase. It is very difficult to fluff it up, make it look pretty and sell it to customers. The sound of your insurance premium being debited makes most people cringe inside and words like excess and liability equal death and taxes. Insurance is just not sexy.
As a business owner, insurance will no doubt be high on your list of priorities. The world of insurance, and the variety of different types of cover available can seem daunting to delve into. Perhaps your enterprise is just finding its feet, or maybe you’re well-established but need to brush up on the latest lingo. In either case, this handy ten-point glossary should give you all the basic knowledge you need to approach your business insurance requirements.
Offices can run into problems, just like any other workplace. It’s as simple as that and also the main reason why it’s important to take office insurance seriously.
Here are a few top tips on the subject. [Read more…]
Most small businesses are already familiar with more traditional types of insurance coverage, but not so many are clued up on the increasingly vital coverage provided by cyber insurance. [Read more…]
When it comes to the financial sector, many of the principles taught at the likes of economics school aren’t really being implemented by the sector itself. They speak of supply-and-demand for example, from the point of view of the demand in the market essentially setting the price for whatever product or service consumers require. When you look at financial services such as insurance however, basically the insurer sets the price and the market has no choice but to pay the prices set. [Read more…]