These new regulations came into force on 25 May 2018, updating the requirements of the DPA and imposing increased penalties for data breaches. Sentio can help you to assess your exposure and offer you tailored insurance solutions, with basic cyber recovery insurance available from as little as £150. Learn More … [Read more...]
What the Insurance ACT 2015 means for you and your business
The Insurance Act 2015 has been hailed by the government as “the biggest reform to insurance contract law in more than a century”. But what does it mean for you and your business? Well there are two main areas you should be aware of where you might need to change your business practices warranties on your insurance policy the duty of fair presentation Warranties When an insurer places a specific condition of cover on your policy, it is often known as a ‘warranty’. In insurance (under the old 1906 law), if the warranty on your policy is not complied with, then the cover … [Read more...]