Posted by Sam Eynon on February 8th 2017 in Featured, General News, Insurance
Did you know that the first computer virus ‘Elk Cloner’ was created as a practical joke? It was written in 1982 by a 15 year old student with the intention of displaying a short poem, when the computer re-booted every 50th time. In reality, this caused no real harm to the operating system but it soon paved the way for more sinister versions to follow in its footsteps.
Since then, millions of viruses, malware, trojans and spyware (to name a few) have appeared worldwide making the headlines. Even this week in the news; a denial of service...
Posted by Sam Eynon on February 2nd 2017 in Featured, General News, Insurance
According to research by the Association of British Insurers nearly one in five claims made on buildings and contents insurance is for damage caused by escape of water, costing as much as £2m every day.
Understanding and assessing your exposure to water/fluid leak and damage is just as important as a fire risk assessment in terms of an organisation’s capacity to operate successfully and profitably. Reducing the risk of damage to your property will avoid uninsured costs; interruption to your business, supply chain and increased insurance costs etc.Protecting your property from water leaks
The damage and financial loss suffered from the effects...
Posted by Sam Eynon on January 31st 2017 in Featured, General News, Insurance
Pavey Group has appointed a leading local insurance expert to the role of Commercial Account Manager.
Steve Joint will work with commercial client accounts from across the South West at the Devon-based firm, helping them to ensure they have the best insurance and risk management arrangements in place for their business needs.
The father of four, who lives in Newton Abbot, said, “I am delighted to have joined Pavey Group who are acknowledged as a leading insurance and financial services brokerage in the South West. We have a great team of highly experienced individuals who are renowned for delivering market leading service...
Posted by Ian O'Dowd on November 1st 2016 in Featured, Financial
Ian O'Dowd, Independent Financial Adviser talks us through the options available and differences between Term and Whole Life Insurance.
Personal protection can be a complicated subject. When considering this you may ask yourself questions like “How much cover do I need?” or “How long do I need the cover for?” or even “What type of policy do I need?”
To help along the way here is a quick guide to the main types of policies available to you. However, as always we recommend you seek advice from a professional to give you guidance as to what cover is most suitable for...
Posted by Sam Eynon on November 1st 2016 in General News
Pavey Group’s ‘Donate & Do Good Day’ for Children’s Hospice South West (CHSW) was a resounding success.
The day was held in Exeter on Tuesday 25 October and the idea was, as many busy professionals don’t have time to take their unwanted items to charity shops, Pavey Group would visit the businesses to pick up the collections instead!
Whilst members of the team spent the morning collecting charity shop donations from businesses in the area, the rest of the team worked as volunteers at CHSW’s Sidwell Street shop in Exeter helping to sort through the collections and help out with general shop duties.
Posted by Cheryl Phillips on October 17th 2016 in Featured, Insurance
Whether you’re the owner of a holiday property, or a family planning your summer holiday here in the West Country; ensuring everyone’s safety is paramount.
As guests, we understand that your primary goal is to have a fantastic break, spend quality time with loved ones and see some of the great attractions and locations the West Country has to offer. You should also expect a holiday that is free from accidents and injuries, which holiday property owners do everything possible to ensure. However you can also take the following precautions:
- On arrival familiarise yourself with the property
- Read the guidebook, it will contain...
Posted by Sam Eynon on October 3rd 2016 in Featured, Insurance
With an estimated 600,000 unoccupied homes in England and
approximately 20,000 squatters in the UK, unlawful occupation is
one of the biggest risks owners face when leaving a property empty.
Other potential risks facing your property can include theft,
vandalism and accidental damage. We examine some of these key risks
below, and what you can do to mitigate them.
In 2012, a new law was introduced, making squatting in a residential property a criminal offence, punishable by up to six months in jail or a fine of up to £5,000.
However, squatting in commercial properties is not a crime and...
Posted by Sam Eynon on August 5th 2016 in Featured, Insurance
It’s every landlord’s nightmare; your tenants have vacated the property and before doing so, left you with potentially thousands of pounds worth of damage. The windows are smashed, the doors and walls full of holes, they’ve even taken your furniture – what now?
Malicious Damage is not always included in standard insurance policies. With one of the UK’s largest insurance companies showing the average costs for such claims being in the region of £6,700, it is important to understand the cover you have in place and its adequacy to protect you in such events. Failure to do so may result in...
Posted by Sam Eynon on July 14th 2016 in General News
UPDATE APRIL 2017
Just a very brief update to say that Rob has and continues to finish the remainder of his journey by picking up where he left off on the weekends (when he can!). He's determined to not be beaten. Further updates will follow on his progress.Important Update: Monday 1st August
For those of you who have been following Rob's journey, you will be aware that he has been suffering with unforeseen back problems which has made the last few days extremely difficult. Unfortunately we received a message from Rob this morning notifying us that after 15 days and 210 miles he has...
Posted by Sam Eynon on February 11th 2016 in Featured, Insurance
We are all more reliant on technology. This increase in reliance creates new risks and potential liabilities for businesses which traditional insurance policies are insufficient to provide cover for.
Insurance that protects you in the event of a cyber-attack may seem like something only a large corporate organisation would require. However, cyber criminals are non-discriminative, using malicious codes across the internet to search for vulnerabilities, with the potential to attack business of any size, anywhere in the world.
These criminal activities commonly referred to as ‘cyber-crime’ can not only result in significant financial losses but also significant interruption to a business. So...