We want to reassure our clients that Cavendish Munro have implemented a full home working business model using secure IT systems, to minimise the impact on our staff, whilst continuing to provide a full service to you in these challenging times.
All staff will be available on the same telephone and E-mail contact details you will have, or alternatively use the main switchboard number of 020 7264 0545 or email@example.com.
Where possible we ask that:
- All payments should be made by BACS and not Cheques.
- Items should be scanned and sent by E-mail and not posted or DX
This is an unprecedented situation, and we will continue to closely monitor and comply with official advice whilst ensuring we provide a normal service in the event that staff become ill or need to self-isolate.
Lloyd's Brexit Update
Lloyd’s is proposing to transfer certain EEA insurance policies to Lloyd’s Brussels. The proposed transfer will not change terms and conditions of any policy, except that Lloyd’s Brussels will become the insurer and Data Controller in respect of the transferred policies. Further information about the proposal (including whether it could affect your pre-transfer position), which policies are transferring, your rights and what you need to do can be found at www.lloyds.com/brexit-transfer
Our arrangements for trading in the EU
The UK left the European Union in January 2020 and we are now operating in the planned 11-month transition period, during which the UK ceased to be an EU member but EU insurance laws and regulations continue to apply.
At the end of the transition period, currently scheduled for 31 December 2020, all UK registered insurance intermediaries will lose their automatic rights under EU law to provide services to EU clients. We have therefore taken steps to ensure that our clients with EU risks will continue to be looked after as seamlessly as possible.
Global Risk Partners Intermediary Limited (registered in Ireland with company number 635016) like Cavendish Munro is part of the GRP Group and is registered as an insurance intermediary in the Republic of Ireland. Through the involvement of Global Risk Partners Intermediary Limited our team will continue to be able to assist clients with their current and future insurance needs in the EU, providing the same high standards of service as always. Please contact us if you would like to find out more about these arrangements.
We can usually arrange travel insurance that covers pre-existing medical conditions. However, if for some reason we are unable to find you affordable travel insurance for your medical conditions, the Money Advice Service has launched a directory listing companies that may be able to help you. The directory can be accessed by either clicking here or calling 0800 138 7777.
IMPORTANT COVID 19 CLAIM NEWS
Friday 15th January The Supreme Court upheld the judgement on the Financial Conduct Authority’s business interruption test case.
Please refer FCA website link : Supreme Court judgment in FCA’s business interruption insurance test case | FCA
Whilst we welcome the Supreme Court judgement in favour of the FCA and policyholders it does not mean that all Covid 19 BI claims will automatically be settled. In addition the ruling only applied to ambiguous wordings and therefore the majority of insurer wordings will still provide no cover for the pandemic.
The next step is the further review of each claim on its own merits. That review is being conducted by insurers and we are actively engaging with them at a senior level to ensure this is done as quickly as possible.
Welcome to Cavendish Munro
- We provide a personal service to every client, ranging from performing a market exercise to search for value for money for clients, to assisting clients to present their claims to insurers, should the need arise
- We have a nationwide network of insurer contacts, along with access to the prestigious Lloyd’s market, enabling us to meet face to face with underwriters to broker great deals on indemnity insurance for our clients
- If you would like to find out more, to see if we can save you money or help with placing your insurance if you have had problems in the past get in touch today.
Professional Indemnity Insurance
Your professional indemnity insurance offers you and your firm financial protection against claims from your clients, if they have suffered a loss as a result of an error on your part.
With so much at stake, it is vital that you have the right cover in place.
We are specialists in our field and aim to help you find the right policy, at the right price.