News & Insights
Welcome to your source of useful information and platform for open discussion around the latest issues in the insurance world.
You may have read recently that inflation is currently at its highest rate for 30-years – With Brexit, the global pandemic, and now the war in Ukraine, inflation is set to be an estimated 7.25% by the end of April 2022. We are all seeing the effects of this on the wider economy; on energy bills, fuel, raw-materials shortages and, then there is the impact within the insurance industry.
Caused by the aforementioned factors; index linking and claims inflation are resulting in rating increases or higher premiums. In this post, we delve into why these may be causing your premiums to rise.
The Highway Code is changing from Saturday 29th January 2022. The changes taking place are following a public consultation undertaken by the government’s Department for Transport, in order to improve road safety for those who walk, cycle and ride horses. The highway code is essential for all road users, and users should understand their responsibility for the safety of others. For those of you who drive vehicles or ride motorcycles on the road, it is particularly important that you keep up to date on the changes as it affects your liability to others. More > "Highway Code Changes – What you need to know"
Following the latest government announcement of "Plan B" and the measures to be taken surrounding the new Covid variant, Omicron, we want to assure our clients that we are still operational during our normal working hours (9am-12pm, 1pm-5pm). However, to ensure the protection of our team, and clients, Firth & Scott are continuing with the following measures:
- No entry into our office will be permitted, unless absolutely critical.
In these cases, visits will be by appointment only, and we will ask all visitors to sign in to our visitor book, sanitise upon entry, and wear a mask at all times.
- We will not be making visits to see clients other than in exceptional circumstances. For example, a significant claim
If your usual contact with us is face-to-face, or you cannot pay your premium by card or transfer, please call us to discuss this, and we can propose an individual solution.
Please keep an eye on our website for further updates and developments.
Wishing everyone good health,
The Team at Firth & Scott.
We at Firth & Scott are proud to say that we are now listed as one of the UK's organisations to hold a Cyber Essentials Certification. Cyber Essentials is a government backed scheme that aids businesses to protect against the more common cyber threats, and demonstrates a great commitment to cyber security.