The Ogden Report into compensation for victims of accidents does not just affect the motorist – although we have already seen a number of insurers increasing rates by up to 10%.

Businesses with Employers’ Liability insurance will also see their premiums increasing on that element of the policy. Please don’t skimp on or try to avoid Employers’ Liability insurance. The penalty if caught is a fine of £2,500 per day – around £75,000 for a month. Not many businesses could cope that that sort of outlay.

Talk to us about the most cost-effective options for your business.