In the arrangement of your business insurance programme MacDonald Group recognise the importance of ensuring that our Client’s interests are protected when it really matters – in the event of a claim. The administration and progression of any significant insurance claim can be both time consuming and subject to a number of complexities. With this in mind, we have introduced MacDonald Group Loss Resolution which is a specialist extra value service which can be incorporated alongside your business insurance programme.
During the claim process, the Insurer will appoint a Loss Adjuster to act on their behalf. The resultant outcome often serves the interest of the Insurer rather than our Client. MacDonald Group Loss Resolution service provides a Loss Resolution Consultant working directly for you to ensure the best result possible in the event of any material damage or business interruption claim likely to exceed £5,000. The service is offered for an Annual Upfront Fee at a level which would save you a substantial amount against the appointment of a loss assessor to act on your behalf in the event of a claim.
Your Loss Resolution Consultant will be an expert former Loss Adjuster. The Consultant will provide you with the correct advice and practical assistance from the outset of the claim. This dedicated and proactive claims handling service will seek to identify any potential liability issues, deal with the Insurer’s representation on your behalf and negotiate the claim to a conclusion for you; to maximise the chances of a successful outcome.
Supreme Court Judgement in FCA’s business interruption insurance test case
The Supreme Court delivered its Judgement on the 15th January 2021, and has predominantly allowed the FCA’s appeal in favour of policyholders whose policy wordings formed the subject of the Test Case. Whilst some clarity has now been provided by the Judgement, it is extremely important to stress that this
Driving your vehicle in the EU in the event of no-deal Brexit.
In the event of a no-deal Brexit, those of you who intend to drive your vehicle in the EU will need to make sure you have a Green Card issued by your insurance provider. If you currently hold your car insurance with us and you think you may require a
Inside this issue of our Newsletter: Make Cyber Insurance a priority/ Trade Credit: The lifeline Brexit-Era businesses require/ Businesses urged not to be allergic to Public Liability Insurance purchase/ With great power comes great D&O responsibility/ Avoid being one of the 43% of businesses with inadequate business interruption cover. Please