If you’ve recently booked your holiday and haven’t protected yourself with travel insurance- why not!? There are hundreds of circumstances that could cause you to cancel your trip, return home early or force you to seek emergency medical treatment while traveling. For example- You arrive in Jamaica and your luggage doesn’t! If it’s lost, who will help you find it? If it’s delayed who will reimburse you for covered necessities? If it’s stolen, who will reimburse you for its contents? Perhaps a relative falls ill and needs your care. If you cancel the holiday the night before you fly, without…read more
Product recall insurance is a unique policy that reimburses insureds for financial losses they confront because of evidence indicating a product has caused or would cause bodily injury or property damage (the insured event).The risk of a product recall has increased exponentially in recent years. Global regulatory standards have increased in number and new product safety rules are implemented constantly. These developments are positive for consumers, but for companies they produce more stringent product quality obligations. This challenge is greater today than ever before, as supply chains are geographically widespread and manufacturing protocols and standards are not synchronized on a global basis.Product recall insurance is…read more
Costing around £400m a year, ‘crash for cash’ scams are run by fraudsters that stage or deliberately cause a road traffic collision, often with innocent road users, hoping to profit from fraudulent insurance claims. Claims from a single collision can potentially be worth tens of thousands of pounds, organised fraudsters are staging multiple scams that involve multiple collisions and can be worth millions of pounds. Crash for cash scams are not a victimless crime and as honest policyholders we pick up a collective bill for fraud through increased premiums. However, how do you know when you’ve been victim to a…read more
Research shows more than 2 in 5 (44%) businesses believe they are unlikely to be a target for cyber crime, with almost a quarter (23%) admitting that whilst they are worried they are not sure what to do to protect themselves and 8% haven’t thought about the risk at all. In fact, just a quarter of businesses (24%) are taking steps to protect themselves from being the victim of a cyber attack despite the Office for National Statistics revealing that there were 2.5million incidents of cyber crime just between May and August of 2015. Criminals are now operating in ever…read more
The Chartered Insurance Institute (CII) has awarded the prestigious ‘Chartered Insurance Brokers’ title to Simmons Gainsford Insurance Solutions Ltd.
Chartered status is an exclusive title only awarded to firms which meet rigorous criteria relating to professionalism and capability.
All Chartered Insurance Brokers commit to the CII’s Code of Ethics & Conduct reinforcing the highest standards of professional practice in their business dealings.