NEWS

Get the latest news, information and updates from MCM insurance.

Archive: April 2017

Cyber crime insurance among manufacturers up 89% from 2015

According to figures from Advisen Ltd, manufacturers paid $36.9 million in premiums for cyber insurance in 2016. Those figures are up a staggering 89% from 2015. But why all of a sudden are manufacturers rushing to their insurance brokers to take out cyber policies? With cyber-attacks on big businesses never...

Just under 6 weeks until 12% Insurance Premium Tax

The constant flurry of reports regarding the rise of car insurance premiums in the last six months have been the talking point of the insurance industry. But now the new rate of insurance premium tax is only weeks away from coming into force. From The 1st June, the new figure...

Volunteer Recognition Day

As its volunteer recognition day, I thought I would put together a more personal blog post. So aside my job I run a junior football club out of North Manchester, which is completely voluntary based in each and every way. Manchester Lions began two years ago now and since that...

Will robots steal your job? No, actually they might create some.

“Robots are coming to take our jobs!” Originally the fodder of Sci-Fi novels, and more recently the tabloid papers, there’s no doubt that robots are here to stay in the manufacturing industry. But is the mass hysteria really worth its while? No, not according to a new study by The...

How to combat the 9 second attention span

ATTENTION… How to make your business appealing in 9 seconds Shocking isn’t it? That our attention span on average is down to just 9 seconds. That’s according to Sally Hogshead, author of Fascinate: Your Seven Triggers to Persuasion and Captivation. In relation to 100 years ago when 20 minutes was...

How to lessen risks in the construction sector

As the environment changes, as to does the challenges facing construction companies. From the difficulty in protecting people and property as we continually become more aware of the HR issues which may arise in the workplace, to the changing governance and developing a system which covers all aspects of legislation....

Is it the Law to have Business Insurance?

Whether you’re setting up your own business or have been running one for a while, the subject of business insurance can be fraught. How do you find out the vital information of which policies are a must? Which extra covers are worth your hard-earned money and which are a complete...

First Aid Training Is Vital For Manufacturers

In day to day life accidents happen, the manufacturing sector just happens to be exposed to a significantly higher risk of personal injury at work than other industries. Each year, around 3% of manufacturing industry workers suffers an illness they believe to be work related. First aid is a vital...

UK unemployment rate at its lowest since 1975

After a financially unstable decade, the crisis of 2007 seems like a distant memory as the UK’s unemployment rate has fallen to 4.7% in March 2017 – the joint lowest figure since the period June-August 1975. According to the Office of National Statistics’ March 2017 UK Labour Market Report, there...

How the Ogden discount rate change will affect you…

The government’s announcement that the Ogden discount rate is to be slashed is ringing in the ears of insurers up and down the country. What are the main knock on effects of this news and how will it affect you in the long run? The Ogden is the calculation which...

April, 2017 | MCM Group

NEWS

Get the latest news, information and updates from MCM insurance.

Archive: April 2017

Cyber crime insurance among manufacturers up 89% from 2015

According to figures from Advisen Ltd, manufacturers paid $36.9 million in premiums for cyber insurance in 2016. Those figures are up a staggering 89% from 2015. But why all of a sudden are manufacturers rushing to their insurance brokers to take out cyber policies? With cyber-attacks on big businesses never...

Just under 6 weeks until 12% Insurance Premium Tax

The constant flurry of reports regarding the rise of car insurance premiums in the last six months have been the talking point of the insurance industry. But now the new rate of insurance premium tax is only weeks away from coming into force. From The 1st June, the new figure...

Volunteer Recognition Day

As its volunteer recognition day, I thought I would put together a more personal blog post. So aside my job I run a junior football club out of North Manchester, which is completely voluntary based in each and every way. Manchester Lions began two years ago now and since that...

Will robots steal your job? No, actually they might create some.

“Robots are coming to take our jobs!” Originally the fodder of Sci-Fi novels, and more recently the tabloid papers, there’s no doubt that robots are here to stay in the manufacturing industry. But is the mass hysteria really worth its while? No, not according to a new study by The...

How to combat the 9 second attention span

ATTENTION… How to make your business appealing in 9 seconds Shocking isn’t it? That our attention span on average is down to just 9 seconds. That’s according to Sally Hogshead, author of Fascinate: Your Seven Triggers to Persuasion and Captivation. In relation to 100 years ago when 20 minutes was...

How to lessen risks in the construction sector

As the environment changes, as to does the challenges facing construction companies. From the difficulty in protecting people and property as we continually become more aware of the HR issues which may arise in the workplace, to the changing governance and developing a system which covers all aspects of legislation....

Is it the Law to have Business Insurance?

Whether you’re setting up your own business or have been running one for a while, the subject of business insurance can be fraught. How do you find out the vital information of which policies are a must? Which extra covers are worth your hard-earned money and which are a complete...

First Aid Training Is Vital For Manufacturers

In day to day life accidents happen, the manufacturing sector just happens to be exposed to a significantly higher risk of personal injury at work than other industries. Each year, around 3% of manufacturing industry workers suffers an illness they believe to be work related. First aid is a vital...

UK unemployment rate at its lowest since 1975

After a financially unstable decade, the crisis of 2007 seems like a distant memory as the UK’s unemployment rate has fallen to 4.7% in March 2017 – the joint lowest figure since the period June-August 1975. According to the Office of National Statistics’ March 2017 UK Labour Market Report, there...

How the Ogden discount rate change will affect you…

The government’s announcement that the Ogden discount rate is to be slashed is ringing in the ears of insurers up and down the country. What are the main knock on effects of this news and how will it affect you in the long run? The Ogden is the calculation which...