We now find ourselves in, what some might consider, a more precarious working environment. This rings true in particular, for construction professionals who were already navigating challenging market conditions. Taking out…read more
Channel 4 documentary highlights shortcomings at the Financial Ombudsman Service (FOS)
An investigative Channel 4 Dispatches documentary was controversially aired in March, detailing alleged shortcomings in training and knowledge at the Financial Ombudsman Service (FOS). The Dispatches documentary sent an undercover journalist to act as a trainee investigator within the watchdog…read more
Broker Warranty
By “simply telling a client, here is the insurance policy documentation; be sure to read it and check it meets your requirements is not good enough” according to the Royal Court in Jersey, which awarded £528,500 to a café owner…read more
The virtues of a small claims handling clause in professional indemnity insurance policies
Small Claims Handling clauses (SCHC) are an under-utilised resource, and MGAs should consider their application more often. A SCHC is often perceived as the policyholder simply dealing with small matters in house; in fact the clauses are at their most…read more
COVID 19 – How can ransomware attacks affect your business?
2020 – a year of improbable curveballs for all of us; sure to have mid to long-term effects on all businesses regardless of the industry. Many of us have had to change our working practices as our team dynamics…read more
Doncaster insurance firm fined by FCA
The FCA have imposed a fine against One Call and its CEO in respect of their inadvertent failure to protect client money, which acts as a stark reminder to us of the importance of thorough auditing and risk transfer practices….read more
SRA to shake up qualification practices. Published April 2018.
Following recently updated proposals from the Solicitors Regulation Authority (SRA), newly qualified solicitors will have the ability to establish their own practices without the requirement of further supervision once they are initially qualified. As the SRA enter the second phase…read more
