Do I need professional indemnity insurance if I’m self-employed?

More and more of us are discovering the joys of working for ourselves, leaving traditional workplaces to become self-employed or start our own small companies. Since 2008, the number of freelancers working in the UK has increased 36% from 1.4million to a staggering 1.91million.

The figures To say that a cyber attack can cost hundreds of millions is no exaggeration. The examples below are of high-profile corporations with sizeable annual revenues, but the cost implications are all relative. The more you have, the more you have to lose.

Whether you’re trying to convince an investor to back your business or want to win over clients from a larger competitor, SMEs can sometimes suffer from appearing like small fish in a big pond.

After posting a job advert for insurance professionals in London, rumours are flying that online retail giant Amazon is opening a European insurance division.

The refreshed currency in our pockets, purses and wallets won’t stay there long thanks to the highest inflation in the UK in five years.

The artisan revolution has arrived. The days of fawning over big brand names are long gone, with consumers drawn to products produced in small batches, made by hand or locally sourced.

Many construction projects operate to tight budgets and pressing deadlines, meaning hired or owned equipment and tools need to be easily and quickly accessible to contractors. But the open nature of building sites, along with insufficient storage and security measures, can make construction projects a tempting target for thieves.

With the WannaCry crisis over, we take a look at exactly what happened and how it could have been prevented.

There have been a few big changes at EIC of late. In addition to a move to a new office in Tring, we are now welcoming our new Director, Charlie Hicks.

Imagine you have the opportunity to invest £100,000 for your company, with a 70% chance of providing a 20% return within five years. Do you decide to go for it? Now consider whether your decision would be different if you could be held personally liable for making the wrong decision; your home and other assets […]