Resources for your business during the Coronavirus pandemic: Aston Lark
Thursday 23rd April 2020
Your insurance broker should have a proactive strategy to deliver cost-efficient insurance solutions throughout this period and beyond.
Aston Lark is supporting their clients to help protect their businesses during the operational changes they’ve implemented. We are also proactively serving them to ensure their insurance keeps pace with their changing risk profiles.
If your insurance broker doesn’t have a Coronavirus strategy, or hasn’t communicated this with you, we can help you:
- Liaise with your insurer if they attempt to significantly increase your premium at renewal
- Reassess your risk profile to ensure your insurance remains adequate for any changes to your business
- Raise your awareness of increased threats to your business due to operational changes, and help you avoid breaching policy conditions
- Provide specialist opinion on your policy’s likely response to losses sustained as a result of Coronavirus
- Explore with an aim to achieve cost reduction through cover streamlining whilst your operations or vehicles are suspended (for example, we have helped arrange for laid up cover on our clients’ vehicles not in use)
Our strategy to serve our clients during this period is in stark contrast to some insurance brokers, who have remained silent. We’ve deployed several initiatives. For example:
- Created a multi-disciplinary Coronavirus team that meets daily via video call to process, evaluate and disseminate information to our teams and their clients
- Formed a Policy Review Committee to review policy wordings to help our clients understand the likely insurer response from their policy
- Launched a dedicated Coronavirus Resource Library on our website, containing regularly updated guides and other resources including:
- Business Interruption insurance guides
- Dormancy Checklists for a variety of industries (helping our clients reduce the risk of loss at their premises while they remain unoccupied)
- Commercial Risk Considerations Guide (helping our clients evaluate any increased risk to their business, assets and staff)
- Phishing Guide (helping clients spot phishing attempts on their businesses which are now even more vulnerable)
- Construction Site Operating Procedure Guide (summarising advice in relation to our clients’ operating construction sites)
- Motor Trade Workplace Assessment (helping our clients in this sector assess their changing risks)
- Remote Workstation Guide (equipping our clients to help ensure their staff can work safely and comfortably at home)
- Travel Insurance FAQs (providing our clients with information about Travel Insurance and the impact of Coronavirus)
Aston Lark is an award-winning Chartered Insurance broker, trusted by more than 150,000 clients across the UK, and over 8,500 in Kent.