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Stockpiling Over Brexit Fears? Why You Need to Tell Your Broker
Stockpiling Over Brexit Fears? Why You Need to Tell Your Broker
With less than two weeks remaining until Brexit occurs (unless an extension is granted) and still no proper withdrawal agreement in place at the time of writing, organisations throughout the UK are preparing for the possibility of a no-deal scenario. Specifically, border uncertainty has businesses across industry lines fearing for an increase in import taxes. And in response, many have begun stockpiling...

Recent HSE News & Prosecutions: Multiple Companies Fined Following Worker Fatality
Recent HSE News & Prosecutions: Multiple Companies Fined Following Worker Fatality
Two companies received fines following a lifting operation that resulted in the death of an employee. After Larkin Eng Services Limited contracted Cumbria Design Scaffold Limited to collect two metal walkways and deliver them using a flatbed lorry and a mounted crane, the employee was asked to assist in the delivery operation. However, the walkways were not securely fastened to the back of the lorry....

Keep Employees Awake and Reduce Workplace Fatigue with This Guidance
Keep Employees Awake and Reduce Workplace Fatigue with This Guidance
While keeping your eyes open at work may seem like a simple task, recent data revealed that employees across the nation beg to differ. Indeed, government research found that Britain is suffering from a 'sleep epidemic', resulting in an increased prevalence of workplace fatigue. Over 30 per cent of people in the UK are affected by insomnia, and more than 15 per cent of British adults report getting...

Brexit is Coming: Prepare Your Data and Technology
Brexit is Coming: Prepare Your Data and Technology
Time is limited for the UK and the EU to craft a proper withdrawal agreement before Brexit takes place on 29th March 2019 (unless an extension is granted), leaving room for a range of possible outcomes. Despite the uncertainty, however, it’s crucial for your business to be prepared for anything—especially in the realm of data and technology. 

No-deal or not, ensure your organisation...

Directors and Officers Increasingly Liable: 1 in 4 Hit With Claims
Directors and Officers Increasingly Liable: 1 in 4 Hit With Claims
Between regulatory changes, increased technology troubles and everyday exposures, the past year has seen a significant increase in liability claims for senior-level business executives. Indeed, a recent survey found that nearly a quarter of senior managers have had at least one claim made against them, and over 30 per cent reported concerns of a claim headed their way in the future. 

In...

Don't Forgo Cover After Brexit. Use This to Pay Your Premiums
Don't Forgo Cover After Brexit. Use This to Pay Your Premiums
As Brexit continues to be the source of much business uncertainty, many organisations - especially SMEs - are worried that the outcome could result in serious cash flow concerns. What's worse, such an issue could make it more difficult for your business to pay for crucial operating costs, such as salaries, rent and even insurance premiums.  

And although securing proper cover for your...

Don’t Let Frozen Temperatures Destroy Your Home: How to Handle Burst Pipes
Don’t Let Frozen Temperatures Destroy Your Home: How to Handle Burst Pipes
In the midst of winter, it’s difficult enough to keep warm between frigid temperatures, ice and snow—the last thing you want to deal with is burst or frozen pipes. Nevertheless, this concern takes the title as the top home insurance claim during the chilly season, according to industry experts. And while prevention methods are the best way to avoid suffering from pipe problems, it’s...

How A ‘No-deal’ Brexit Will Change Driving in the EU
How A ‘No-deal’ Brexit Will Change Driving in the EU
Whether you plan to take your family on a continental road trip in the coming months or work for a transport organisation that frequently enters the EU, the results of Brexit may alter your current travelling agenda.

In the event of a no-deal, several UK driving laws will change—for both UK citizens and commercial drivers. All drivers are being urged to contact their insurer to arrange...

You Need to Have Travel Insurance Before Take-off. Here’s Why
You Need to Have Travel Insurance Before Take-off. Here’s Why
In the wake of the new year, people often start scheduling their exciting holiday trips and adventures for the warmer months ahead. However, sunglasses and a new suitcase aren’t the only things you should consider purchasing before travelling. Indeed, it’s crucial to avoid waiting until the last minute to buy travel cover. Have a look at the biggest benefits of purchasing travel insurance...

Keep an ‘Eye’ on Employee Vision: How  Eye Care Can Improve Productivity
Keep an ‘Eye’ on Employee Vision: How Eye Care Can Improve Productivity
Ensuring safe and clear vision can help employees across sectors complete their job effectively and protect their eyes from on-site dangers. However, recent research revealed that prioritising eye care in the workplace offers even greater advantages, including overall employee well-being and increased productivity.

Although only 52 per cent of organisations currently provide employees with eye...

Recent HSE Prosecutions: Landlord and Contractor are Fined After Asbestos Breach
Recent HSE Prosecutions: Landlord and Contractor are Fined After Asbestos Breach
Both a landlord and building contractor were fined after a property demolition resulted in the release of large amounts of asbestos fibres. The landlord hired a building contractor to replace a conservatory containing asbestos panels at a rented property, which caused asbestos to spread as the panels were removed in an uncontained manner. 

An HSE investigation revealed the landlord failed...

Workplace Rights Receive Updates
Workplace Rights Receive Updates
In the final weeks of 2018, the government announced the biggest package of reforms in two decades, the ‘Good Work Plan’. Its intention is to ensure that the UK meets the challenges of the modern workplace while promoting quality work from employees. 

The legislation includes:

Closing a regulatory loophole that allowed agency workers to be employed on lesser rates than...

Is Your Business Ready for April's Pension Contribution Increases?
Is Your Business Ready for April's Pension Contribution Increases?
The final stage of Pension Contributions phasing comes into force from 6th April 2019. From that date all employers in the UK will have to ensure that their pension contributions are in line with the new minimum levels. 
As a valuable client of ICB Group we wanted to help you avoid any fines from the Pensions Regulator, or challenges from employees, by sending you this timely reminder and brief...

Employees' Mobile Devices Expand Your GDPR Liability: Here's How
Employees' Mobile Devices Expand Your GDPR Liability: Here's How
While allowing your employees to answer work emails on their smartphones may seem like a harmless (or even beneficial) offering, research revealed this practice can actually cause increased liability concerns under the GDPR. Indeed, industry experts discovered in a recent survey that 61 per cent of UK workers use their personal devices to answer work emails or continue working out of office when they...

Taking a Closer Look at Corporate Insurance Losses: Top 10 Causes
Taking a Closer Look at Corporate Insurance Losses: Top 10 Causes
While completing a routine risk assessment or enforcing proper hazard controls are smart business moves, your organisation’s risk landscape is in a constant state of change—making mitigation a little complicated. Fortunately, taking a closer look at past corporate losses can help your organisation prioritise risk management practices and prevent or reduce the impact of future disasters....

HSE Prosecution update
HSE Prosecution update
As you may already know, the limits on fines for Health and Safety offences have gone up and dramatically so. 

The Health and Safety Executive (HSE) publishes the figures for prosecutions and the fines each year. The latest figures being produced up to March 2018 (provisionally). Please note that these figures will include Scotland.

Overall the total amount of fines has increased...

Multiple Companies Fined After Security Guard is Killed
Multiple Companies Fined After Security Guard is Killed
Several companies have been fined following a fatal accident at the Immingham Docks. A security guard employed at the dock walked in front of an approaching HGV, causing the vehicle to run over the guard and kill him at the scene. Further investigation revealed Associated British Ports failed to provide signage requiring drivers to stop and report to security. In addition, ICTS (UK) Ltd did not offer...

Employee Stress in the Workplace - How to Help
Employee Stress in the Workplace - How to Help
While every employee experiences job-related stress at one point or another, too much stress in the workplace can lead to the development of serious mental health problems, such as depression or anxiety. And recent data from the HSE revealed that this problem is far too common. In fact, stress, depression and anxiety account for over 40 per cent of work-related ill health complications, with 15.4 million...

Here's How You Can Prepare Your Business for #MeToo in 2019
Here's How You Can Prepare Your Business for #MeToo in 2019
In the past year, the issue of sexual harassment and discrimination in the workplace has demanded attention and reform via the #MeToo campaign. Between various high-profile cases and the surge of reports from employees across industries, sexual harassment is a concern that your business needs to take seriously. Indeed, recent research revealed nearly 50 per cent of British women and 20 per cent of...

It's Time to Remove Modern Slavery From Your Supply Chain
It's Time to Remove Modern Slavery From Your Supply Chain
It has been three years since the Modern Slavery Act 2015 was enacted to fight against modern slavery in supply chains and decrease practices of forced labour. However, recent research revealed businesses have taken minimal action. In fact, a survey from the Chartered Institute of Procurement & Supply (CIPS) found only 23 per cent of companies have completed site inspections to check for evidence...

Brexit Uncertainty can be mitigated by Trade Credit Insurance
Brexit Uncertainty can be mitigated by Trade Credit Insurance
With just a few months left until Brexit takes place on 29th March 2019, the UK and EU have yet to create a solid withdrawal agreement — keeping the possibility of a ‘no-deal’ scenario intact. And although this uncertainty remains, your organisation cannot afford to be unprepared for the potential impacts of Brexit.

ICB Group has a specialist Trade Credit Insurance division...

Long read: Are Insurtechs Changing the Face of Business Insurance?
Long read: Are Insurtechs Changing the Face of Business Insurance?
ICB Group is proud to present this article, which is an interesting study into the impact of technology on the insurance landscape, published by Eric Maumy, the CEO of Verlingue – our parent company
Long spared, the business insurance sector has been hit hard by the digital revolution and the emergence of start-ups that are upsetting established models. Even though the disruption is not as...

Personal Information from 500 Million Marriott Guests Exposed in Recent Hack
Personal Information from 500 Million Marriott Guests Exposed in Recent Hack
Marriott International, a hospitality company that oversees one of the largest hotel chains in the world, recently announced that its guest reservation system had been hacked. Marriott indicated that information from approximately 500 million of their guests had been exposed in the breach, making this one of the largest cyber-incidents in history.

Specifically, guests who have made bookings...

The Biggest Risks Facing UK Businesses in 2019: Revealed
The Biggest Risks Facing UK Businesses in 2019: Revealed
In the past 12 months, the UK has experienced several changes that impacted businesses across the nation, regardless of size or industry. 

Between growing cyber-security concerns from high-profile breaches and the GDPR, broken supply chains from a commercial CO2 shortage and the collapse of big-name companies like Carillion, various risks have taken precedence. Not to mention, 2019 will...

Recent HSE News and Prosecutions
Recent HSE News and Prosecutions
Waste Company Fined and Director Jailed After Worker Suffers Fatality
A waste and recycling company was fined £700,000 and ordered to pay costs of £99,886.57 following a worker fatality from a machine accident. In 2010, the employee was working with a machine used to compress waste materials into small bales and entered the baling chamber to clear a blockage. After doing so, the machine...