Category Archives: Business Protection

Mitigating risks for SMEs

Government figures show there are 5.6 million private sector businesses in the UK, with 98% of these businesses employing less than 50 employees. The unprecedented events of the Covid-19 pandemic have massively impacted many of these businesses, their employees, and families. It's reported that for 1 in 5 businesses recovery... Read More

Safeguarding your company assets: protect your people

Business owners are well accustomed to operating in dynamic risky environments, and will undoubtedly experience difficult times along the way – and now, triggered by the global pandemic, threats to business stability have multiplied. Business continuity plans have been thoroughly tested and companies are making changes to their operations as... Read More

1 in 3 businesses without protection despite growing awareness of risk

A Vitality study conducted amongst more than 500 business owners in February this year has found that a third (34%) of business owners admitted their organisations would fail if they or a key member of staff passed away or had a severe terminal illness – and yet they still aren’t... Read More

Small businesses: you can’t predict the future, but you can protect it with key person insurance.

Figures published at the end of last year state that there are 5.6 million small businesses in the UK that employ less than 50 people. If you run a small business, it’s likely that you’ll rely much more heavily on the individual members of your workforce than much larger companies... Read More

Business protection insurance could increase the odds of business survival

The UK is home to around 5.7 million small and medium-sized enterprises (SMEs), which accounts for over 99% of all UK businesses [the usual definition of an SME is any business with fewer than 250 employees]. However, when Turner Little, company formation agents, scraped data from Companies House for insights... Read More

3 in 10 of all British SMEs have experienced loss of a key employee due to serious illness

Construction giant Carillion is the latest company to hit the headlines for going into liquidation, with claims that the company is crippled by debts and thousands of jobs are at risk. However, stories like this are not isolated. According to the latest Insolvency Service figures for corporate insolvencies, in the... Read More

Is your business protected?

Have you ever stopped to think about what might happen to your business if you lost one of your key members of staff? You might already have insured your premises, equipment and stock, but what about the people who play the biggest part in your organisation’s success? For example, if... Read More

Keeping wealth in the family

There are more millionaires than ever before in the UK - only China, the US and Japan have more, according to Coutts. A survey released earlier this year by Boston Consulting Group found that around 821,000 households in the UK are millionaires, with a combined wealth of £6.5 trillion, up... Read More

Company directors are you missing out on this tax-efficient life insurance?

The latest records from the Department for Business, Energy and Industrial Strategy show that there are 5.5 million private sector businesses in the UK, 1.3 million employing businesses and 4.2 million non-employing businesses. Meaning that 76% of businesses do not employ anyone aside from the owner. The overall business population... Read More

Category Archives: Business Protection

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