Is it time to review your Business Insurance?

Business Insurance Review

Is it time to review your Business Insurance?  If you’re a business leader, you know how important it is to protect your assets, liabilities, and reputation from various risks and uncertainties. But when was the last time you reviewed your insurance suppliers and the coverages they provide? Many businesses tend to stick with the same […]

Is Commercial Property Insurance Essential?

Owning a business is a significant investment

Is Commercial Property Insurance Essential? Owning a property is a significant investment that comes with its fair share of responsibilities and potential risks. Unexpected events like natural disasters, accidents, or theft can pose a threat to the structure of your commercial property and the belongings within. Although commercial property insurance it is not a legal […]

Understanding the need for Manufacturing Business Insurance

Understanding the need for Manufacturing Business Insurance

Understanding the need for Manufacturing Business Insurance At Konsileo, we understand that securing the correct insurance for your manufacturing business is vital. Manufacturers can face numerous challenges, ranging from supply chain disruptions to equipment breakdowns, so it is imperative that your insurance policy both protects and mitigates any potential risks and interruptions to your business. […]

Safeguarding Your Online Retail Business: The Importance of Online Retailer Insurance

online retail insurance

The Importance of Online Retailer Insurance In today’s digital age, the rise of online retailer businesses has transformed the way we shop. With the convenience of purchasing products at the click of a button, the e-commerce industry continues to flourish. However, with great opportunities come great risks, and online retailers are not immune to the […]

Securing Your Garage with MOT Garage Insurance 

MOT Garage

Understanding the Need for MOT Garage Insurance MOT Garage Insurance is a legal necessity if you are the owner of a a garage that specialises in MOT testing services. Despite it being a rewarding venture – just like all businesses, it comes with its fair share of risks. From accidental damages to legal liabilities – […]

5 tips to avoid a business insurance horror story this Halloween

5 tips to avoid business insurance horror story this Halloween

Is your Business Insurance a Trick or a Treat? As a business owner, you probably know insurance and risk management should be top priority to ensure smooth operation of your company. However, insurance is a complex area and, as such, there are mistakes or oversights that might prove costly for your business. We’ve made a […]

Insurance Reinstatement Cost Assessment

Insurance Reinstatement Cost Assessment

Insurance Reinstatement Cost Assessment  Determining the correct value to insure your commercial property can be a tricky issue and without expert knowledge you may fall foul of a clause known as the “average” principal. The insurance principle of average, in simple terms, means that if you have an insurance policy and you don’t insure your […]

Motor Trade Commercial Insurance Profile

Motor trade

Motor Trade Commercial Insurance Profile Car Dealers Anticipate Tough Sales Year The inflated cost of living continues to affect several industries, and the motor trade is no exception. In fact, 40% of consumers say their approach to motoring has been affected by the current cost-of-living crisis, according to research by online marketplace carwow. Moreover, 27% […]

Inflation: The Impacts on Insurance

inflation: the impacts on insurance

Article originally published by Allianz What’s Causing High Inflation? Whilst a number of factors are contributing to the current economic situation, a key influence is the ongoing war in Ukraine. This has led to global rising energy prices as Europe looks to relinquish its dependence on Russian oil and gas. Additionally, the financial sanctions issued […]

Avoiding Underinsurance – Commercial Insurance March 2023

avoiding underinsurance

Tips for Avoiding Underinsurance While businesses may be all too aware of the impact of economic pressures on operations, many fail to appreciate the knock-on effect such economic burden is having on insurance cover. Specifically, high inflation is increasing the cost of products, materials and labour, making it more expensive to rebuild, repair or replace […]