Thinking Risk

Allcover is part of the GRP Group, one of the largest independent insurance intermediaries in the UK providing market strength and support with a wide range of resources and expertise.

Read the latest risk insights from the GRP Group website:

News July 6, 2020

Why Covid-19 makes D&O Insurance Vital

The Coronavirus lockdown has created a high risk environment with increased likelihood of legal action against Directors and officers relating to breaches of Health and Safety regulations and employment law.

Vehicle check
News May 14, 2020

Best practice advice on how to lay your vehicles up, store them and then bring them back in to operation

Government guidelines regarding non-essential travel in the COVID-19 pandemic have meant that businesses which use commercial vehicles may need to ‘lay up’ their vehicles.

Laying up helps preserve a fleet while the vehicles aren’t being driven for an extended period. This technique also helps ensure that vehicles can smoothly transition back to normal road use when needed.

The following best practice provides guidance on laying up commercial vehicles, and on how to safely get them back on the road after the lay-up period.

News March 19, 2020

Guidance on COVID-19 business continuity planning for SMEs

As the COVID-19 pandemic changes the way businesses in the UK function, this practical guide provides advice for SMEs on how to best manage the crisis.

News March 17, 2020

Cyber hackers’ phishing campaigns exploit global concern about the Coronavirus

Cyber hackers are taking advantage of the coronavirus outbreak by sending messages to victims, and by using the name of legitimate health organisations to steal information or distribute links to websites designed to steel identification information such as login credentials.

Here’s an example of a phishing email impersonating the World Health Organisation with an attachment that leads to the installation of malware.

 

News February 18, 2020

Cyber crime is overtaking theft as the key financial risk to households: Personal cyber insurance offers effective protection

More than £1 in every £5 is spent online – so it’s not surprising that criminals are following the money. Its not only businesses which are victims, the costs of cyber-crime for private individuals are massive, and growing.

This article provides an overview of the insurance available, and suggests 6 simple measures everyone can take to reduce their cyber risk.

News January 28, 2020

Understanding where and how C.M.R applies is essential to ensure you have the correct Freight Liability insurance

GRP Group Transport and Logistics National Practice Leader Tony Gardiner explains the importance of the C.M.R convention from an insurance perspective, and provides an overview of its main terms.

News January 21, 2020

The next successful “Travelex” attack is just around the corner…

Hackers have held Travelex to ransom since they launched a cyber attack on the business on New Year’s Eve, demanding the firm pay $6m (£4.6m) before they unlock its systems.

This article by GRP Group Cyber Practice Leader Nick Ellis explores the fallout from the attack, and what lessons can be learned from Travelex's experience.

News December 5, 2019

Why Employment Practice Liability cover is essential for Care Providers

GRP National Care Sector Practice Leader John Whittlestone explains why care providers face direct conflict between the rights of their employees and the rights of the people they care for.

Recognising this issue, and having appropriate cover in place can help care providers to do the right thing by both employees and clients.

motor trade insurance - key fob
News November 21, 2019

Risk Management is a key issue for Motor Traders

Good risk management prevents disruption to business, and can also have a big impact on insurance costs

News October 30, 2019

Management liability cover for farmers offers essential protection

Debbie Airey GRP Group National Practice Leader for the Agricultural sector explains why a management liability cover should be considered as part of every farmer’s insurance programme

News October 11, 2019

“No Deal” Brexit will mean that Green Cards are required for European motoring

In the event of a "no deal Brexit" a physical copy of a Green Card is needed when travelling to Europe as digital copies are not currently accepted. If you arrive at the border without a physical Green Card, you will not be allowed to drive in that country.

 

News September 27, 2019

How will your business respond in the critical 72 hours following a data breach?

GDPR has introduced severe penalties for companies which do not report breaches in 72 hours. Nick Ellis, GRP National Cyber Practice Leader discusses how cyber insurance can help ensure an effective response.

News September 11, 2019

Five reasons why it’s vital to review your liability insurance Limits of Indemnity

Allianz estimate that inflationary factors have more than doubled liability claims costs over the last 10 years. Within that timeframe many businesses haven’t changed the Limit of Indemnity provided by their liability insurance policies, leaving themselves exposed to potentially catastrophic underinsurance.

This article explores some key factors driving claims cost inflation.

Casualty