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Latest News: Pavey Group joins Gallagher

Pavey Group Ltd has become part of Gallagher, one of the largest global insurance brokerage, risk management and consultancy firms as part of their UK operation.
Read the full story here.

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Gallagher invests in South West growth with acquisition of Devon-based commercial insurance broker Pavey Group

Posted by on December 7th 2018 in Featured, General News, Insurance


Press release: 07 December 2018
 

Insurance broker, risk management specialist and consulting firm Gallagher has announced the acquisition of leading South West broker Pavey Group Holdings (UK) Limited (trading as ‘Pavey Group’) that significantly strengthens its presence in Exeter and Torbay while extending its footprint across the South West. Terms of the transaction were not disclosed.

Gallagher — which has existing South West operations in Exeter, Barnstaple, Bristol, Gloucester and Swindon — will welcome Pavey Group and its 83-strong team led by Managing Director Graham Brown and his existing director team into its UK-wide branch network, which serves customers from...

Pavey Group Devon Air Ambulance

Devon Air Ambulance Dragon Boat Race

Posted by on September 28th 2018 in General News

On Sunday 23rd September, we took part in the annual Devon Air Ambulance Dragon Boat Race alongside 15 other local businesses. A huge thank you to our team of 16 rowers; 'The Pavey Paddlers' for taking part in the race last weekend and braving the rain in your waterproofs!

           

The sun eventually made an appearance in the afternoon, however, it may come as a surprise to you all that we didn't win! However, we are also delighted to have been asked to be main sponsors for the Dragon Boat Race and raised a total of £670 for our Charity...

The Complete Guide to Rebuild Cost Assessment

Posted by on September 3rd 2018 in Insurance, Thought Leadership

Many property owners still have a widely held belief that the market value of their property is the main driver for the sum insured but only rarely will you find that the actual market value is the same as the rebuild cost.

The rebuild cost has to include many different factors including hard standing areas, underground services and demolition.  In some cases you can find the market value is higher than the rebuild cost but in the large majority of cases it will be the opposite, so it is recommended that you seek professional advice and have an independent valuation carried...

Jon Tyler Underinsurance

An Introduction to Underinsurance with Head of Claims, Jon Tyler

Posted by on July 29th 2018 in Insurance, Thought Leadership

Underinsurance is, simply put, what happens when you have not taken out enough insurance cover to meet your needs. Underinsurance is a common problem, specifically in relation to the contents of a domestic or commercial property or for the property itself.

Recent research by The Building Cost Information Service found that UK commercial property underinsurance on policies is as high as 80%.

With this in mind, we spoke to Jon Tyler, Head of Claims, about the consequences of underinsurance and the steps you can take to mitigate against it.


What does underinsurance mean?

Underinsurance is pretty self-explanatory. It is when the level of...

Ecclesiastical Insurance

Pavey Group helps to secure £2,500 for Devon Air Ambulance

Posted by on July 24th 2018 in General News

We are delighted to announce that we have secured Devon Air Ambulance Trust a £2,500 donation from Ecclesiastical via their Closer to You – charity support programme.

The Closer to You programme gives Ecclesiastical’s Select insurance broker partners the chance to be part of its ambition to give £100million to good causes. As well as providing funding for charities close to brokers, employees from the specialist insurer are also teaming up with brokers for volunteering days and fundraising challenges.

Thank you to the team at Ecclesiastical for supporting our Charity of the Year.

ABOUT OUR CHOSEN CHARITY

Devon Air Ambulance provide emergency...

Pavey Group Charity of the Year

Supporting FORCE, our Charity of the Year 2017-18

Posted by on July 9th 2018 in General News

Wow! What a fantastic 12 months we had working with FORCE. With the help of our colleagues across our 4 offices, we have fundraised a brilliant £9,009. This year we very much wanted to be as ‘hands on’ as possible, and with the support of our colleagues, we had volunteers at all of FORCE’S largest events including teams of participants, totalling a massive 200+ hours of time given over the course of the year.

We cannot thank FORCE enough for welcoming us into their team, you’d struggle to find a more compassionate group of people, and we’ve had such an enjoyable...

Graham Brown, Pavey Group

An Introduction to Business Interruption Insurance with Managing Director, Graham Brown

Posted by on June 29th 2018 in Insurance, Thought Leadership

Business Interruption Insurance is a non-compulsory form of insurance that is intended to protect businesses against the financial loss suffered as the result of a claim.

It is designed to cover your business against a loss of income that is a result of being unable to trade due to an unexpected insured interruption, such as damage to your property.

Business interruption exists to cover the income a business would have received had the incident not happened.

For businesses affected by (amongst other events) fires, theft, storms or a flood, business interruption insurance can be a critical protection for your business. 

Recent research by...

Rent Guarantee Insurance

Rent Guarantee For Landlords - When your Tenant is unable to pay their Rent

Posted by on February 19th 2018 in Insurance

As a Landlord, the risk is always there; when your tenant suddenly can't pay the rent and is unable to pay what is already due. Even if you have undertaken the best checks and references, you can never predict a tenant facing troubled times such as losing their job or becoming ill, ultimately resulting in them not being able to pay the rent.

If this was to happen, would you be able to cover your expenditure and costs over a prolonged period of time?

WHAT IS RENT GUARANTEE?

Certain insurers we work with for property owners and landlord insurance, allow cover to be...

Why you should use an insurance broker

When your Insurance Matters the Most

Posted by on January 30th 2018 in Insurance

For business owners insurance is often seen as an expense which comes straight off the bottom line and can’t be passed on to customers. However it is also your safeguard in the event of an incident, offering protection for the businesses most valuable assets, your employees and your customers.

We all say ‘it won’t happen to me’, but what would you do if it did? After all, disasters don't just happen to other people. They could strike at any moment to even the most successful and vigilant of businesses. The chances of being hit by a flood or impacted by a...

Cyber Insurance

Getting your Business Cyber Aware

Posted by on December 12th 2017 in Insurance

Jonathan Cox is a Chartered Insurance Broker based in our Exeter Office at Peninsula Park. Working as an Account Director, Jonathan manages the insurance portfolios of many businesses in the South West. In this article Jonathan shares his expertise on how cyber crime and data breaches are becoming a common threat for businesses in Devon.

“One of the first known computer virus to spread ‘in the wild’ was named ‘Elk Cloner’. Written in 1982, by a 15 year old student as a practical joke, the virus was written to target the operating systems of the  Apple II Systems, the leading computers...