With a data breach potentially costing millions in fines and lawsuits, it’s easy to get caught up in the financial losses when managing your Cyber security. However, reputation damage can be just as serious – have you considered this?
Since ship owners bartered with insurers in the City in the 17th Century, how insurance premiums are calculated have been somewhat a mystery. Many factors are taken into consideration – it’s important for insurers to be transparent to help you get the best deal. Can you control your insurance premium? Each type of insurance has…
When you first become a self-employed doctor or dentist, it is likely that you will choose to do this a sole trader. There are many benefits to this, not least that little set up is required. However, in the longer term, you might benefit from setting up a limited company. When you choose to do…
Risk management should be a top priority for doctors and dentists – and their focus should be equally on intangible and tangible assets. For practices and individual professionals, Cyber crime and other threats can affect reputation, supply chains and patient information, to name just a few. Do you fully understand your asset risk? Tangible versus…
Business Interruption (BI) insurance is a lifeline for practices who are struck by a disaster. However, many overlook this cover which could have business continuity consequences. The importance of Business Interruption insurance This insurance reimburses you for financial losses that occur as a result of an insured event and helps you to keep your practice…
