Commercial Insurance News

Here, we provide a guide for those looking to protect their business from the very real and prevalent cyber risks of today’s digital world, outlining some of the key things to consider when arranging a cyber insurance policy.

Businesses are 5 times more likely to have a cyber claim than a fire claim in the UK and 50% of businesses have reported they experienced some form of cyber security breach or attack in the past year.

We share a successful outcome for one of our rural clients who experienced the destruction of their shelter pens due to the severe weather conditions of Storm Isha. After the insurer initially declined pay out of the client’s claim, McClarrons challenged the decision and were able to help our client obtain a settlement to replace their shelter pens.

After a CEO’s email account was hacked, a care home faced huge financial losses from a social engineering cyber attack.

A haulage firm lost several large tax payments after their accountant’s email was spoofed. Read our Cyber insurance case study.

In a recent announcement, BT revealed that it will discontinue its BT Redcare Alarm Transmission System (ATS) which will have significant implications for both commercial and residential buildings and their insurance coverage. 

Meet McClarrons’ New Head of Commercial, Julian Hale!

Embarking on the journey of becoming a commercial landlord opens doors to potential financial gains, but it also comes with a set of challenges that require careful consideration and planning.

Your responsibility as a landowner involves managing the risk trees present in order to reduce risk of injury to you or someone else, and damage to your business’s premises or someone else’s. Though the likelihood of injury to people from falling trees or branches is lower than the likelihood of winning the lottery, understanding the issues around tree safety, and fulfilling your legal obligation is critical.