Insights

Mid-Season Boat Engine Checks and Maintenance
Mid-Season Boat Engine Checks and Maintenance 1000 668 James Hallam

Ongoing checks and maintenance over the summer can keep your boat clean and efficient throughout the season, while also helping you avoid costly repairs in the long-term.

In this post we will outline some essential mid-season boat engine checks and maintenance tasks that will help you enjoy a summer of smooth sailing.

Mid-Season Boat Engine Checks

You should routinely check:

  • Your engine’s oil levels. Throughout the season, try to keep the oil between the min and max marks.
  • Antifreeze, or a water cooling system, levels, if your engine has these.
  • Fluid leaks, whether it is oil, coolant, or water. You may have to use a torch to search the dark parts of your engine compartment for signs of leaks. If you see any sign of leakage, even if it is just a single drop, locate the source and address it immediately. Leaks can get worse over time, so the earlier you can fix them, the better.
  • All the parts of the engine – including the belts, hoses, and any other moving parts – for signs of degradation, including splits, cuts, or chafes.
  • Check on consumables and components. Read the manufacturer’s guidance for instructions on how often you should clean or replace certain components, such as the water pump impeller.

Mid-Season Boat Battery Checks

Check your boat battery’s charge as often as you can. If it is ever lower than you expect, enlist a trained mechanic to address any issues, or look for any faulty equipment on your boat that may be draining the charge.

Also check the terminals for signs of corrosion. This is another area where the sooner you address a problem, the less it could cost you overall.

Mid-Season Hull Maintenance

Check all cleats, seals, and other fittings for signs of leaks or water entry. Check your anodes from time to time for signs of rusting, and detangle any debris from your propellor as often as possible.

Throughout the summer, it can also help to routinely rinse the deck and hull with fresh water. This can prevent salt and dirt from accumulating, which can make the more thorough hull maintenance a lot easier once the season draws to a close.

Other Mid-Season Boat Checks

  • Make sure all of your onboard safety equipment is still in code and in good condition. Check the manufacturer’s guidelines for more information about each item’s lifespan, and replace anything that needs replacing as soon as possible.
  • During the long summer days, it can be easy to take your boat’s lights for granted. So make sure to check your boat’s navigation lights as often as possible, so you can replace any faulty or burnt out bulbs long before the nights draw in.

Ongoing Seasonal Boat Maintenance

We have a complete guide to the sort of safety inspections you should make each season, to keep your boat in good dependable condition all year round. Read our guide to seasonal boat safety inspections.

We also have a detailed guide to cosmetic repairs and hull maintenance, a dedicated guide to boat maintenance in the winter, and a guide to off-season storage for boats.

Get The Right Cover For Your Boat Throughout the Mid-Season and Beyond

Everard Insurance Brokers are the specialist marine trading division of accredited Lloyd’s brokers James Hallam Limited. We can help you ensure you have the insurance you need to cover your boat throughout those busy mid-season summer months, and beyond.

Find out more about our dedicated marine insurance services.

Shoplifting Policies and Procedures: What To Include
Shoplifting Policies and Procedures: What To Include 1000 527 James Hallam

Most shops will likely have to deal with shoplifters. Reports indicate that shoplifters across the country may be getting increasingly “brazen”, and that shoplifting may be costing UK stores up to £2bn a year.

It might not be possible to entirely eliminate shoplifting from your store. But with the right shoplifting policies and procedures, you can at least manage and mitigate the loss.

In this post we will discuss what you should include in your shoplifting policies and procedures, and how you can communicate them with your staff to ensure they are enforced.

What Are Shoplifting Policies and Procedures?

Shoplifting policies and procedures are documents that explain your shop’s approach to shoplifting. Usually, shoplifting policies and procedures will provide:

  • A definition of shoplifting. What exactly is it, and how does if differ from other forms of theft?
  • Outline the scale of the problem
  • Provide steps your staff can take if they suspect that shoplifting is taking place.

One thing to bear in mind: Shoplifters can get violent and abusive when confronted. Your shoplifting policy and procedures should account for this. While taking steps to reduce loss, you should never lose sight of your staff’s safety and wellbeing.

Staff Training on Shoplifting

As part of your shoplifting policies and procedures, you should include some mandatory training for all staff. This could cover:

  • Understanding shoplifting, and common shoplifting techniques.
  • Customer service techniques to deter potential thieves. For example, approaching and politely engaging with a potential thief, without confronting them directly, could let the thief know that they are being monitored.
  • Procedures for safely handling incidents of shoplifting. When should staff intervene, and when should they refrain, to avoid personal injury? And if they cannot prevent the theft, how should they record and report it, and what other steps should they take afterward?
  • Following an incident, you should make time for a review to discuss the matter with any staff who were involved. But this is not a disciplinary procedure. It is an opportunity to highlight what went wrong, along with any steps you and your staff could take to prevent further theft.

Regular Stock Takes

As part of your shoplifting policy and procedures, you should carry out regular stock takes. As well as giving you an idea of the scale of your loss, it could also help you identify the sort of items in your store that thieves are most likely to target and when.

If you can spot any patterns of theft, you might have an idea of the steps you can take to reduce the risk.

Identify High Risk Items

Are thieves more likely to target certain items in your store? Your policy and procedures should identify these items, and outline the steps your store will take to protect these items.

If your staff know what sort of items thieves will prioritise, they will know to be extra vigilant should they see anyone acting suspiciously around them.

Security Procedures to Reduce Shoplifting

Outline the systems you have in place, or that you intend to install, to manage theft in your store. These might include:

  • CCTV systems
  • Electronic article surveillance (EAS) tags, and other anti-theft devices
  • Locked cabinets and display for your more expensive items
  • Facial recognition software
  • Signage to let potential thieves know about the systems you have in place

Your shoplifting policies and procedures should outline how you expect your staff to interact with these systems. For example, will you use CCTV passively, so as to ensure that you have a record of any incident? Or do you expect your staff to actively monitor the feeds to prevent theft?

How to Communicate Your Shoplifting Policy and Procedures

It is one thing to have shoplifting policy and procedures. But it is equally important to communicate your policy, to ensure that your staff can understand and enforce your procedures.

First, you should share your policies and procedures with all new hires during their induction. All staff should get a refresher at least once a year too, perhaps as part of their appraisals.

You could also create an accessible version of your policies and procedures, perhaps in the form of a graphic poster, which you could hang in the staff room.

Get The Right Cover For Your Retail Store

Specialist retail shop insurance can help protect your store from many of the risks you face. A comprehensive policy may not prevent shoplifting, but it can give you the cover you need to bounce back from any major disruptions or disasters.

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your store. Whether you run an online store, a single high street shop, or a chain of shops, we can help you get the cover you need at a price you can afford.

Find out how we can help your shop today.

How to Reduce Café and Coffee Shop Business Insurance Costs
How to Reduce Café and Coffee Shop Business Insurance Costs 1000 527 James Hallam

Specialist café and coffee shop insurance can cover your establishment for the unique risks you will face when preparing and serving hot drinks and food to the public.

Read our guide to how café and coffee shop insurance works, and what it covers.

If you are shopping around for your first policy, or you are looking to renew an existing policy, in this post we will outline some techniques for reducing the cost of your café and coffee shop business insurance.

What Can Affect The Price of Café and Coffee Shop Business Insurance?

  • Coffee shop location – If your coffee shop is in an area with relatively high crime rates, it can increase the risk of theft, which can increase the cost of cover.
  • Number of staff – If you employ any staff, you will have a legal requirement to get employer’s liability insurance. The more staff you have, the more this might cost you.
  • Shop size – The bigger your coffee shop, the more your insurance will cost. A larger shop will cost more to repair following an incident such as a fire or a flood. Plus, the more customers you can serve and seat at once, the greater the risks of slips, trips, spillages, and other accidents. This can make claims more likely, which can result in higher premiums.
  • Food – If you serve food alongside your coffee, for example, you may have to pay more for cover.
  • Extras – Many other factors can affect the price of your policy. If you put on events at your coffee shop, such as live music or poetry performances, it can mean more risks, which can mean higher premiums.

How to Reduce Café and Coffee Shop Business Insurance Costs

If you want to bring down the costs of your café and coffee shop business insurance, there are a number of things that could help.

Invest in Security

If your café is in an area with relatively high crime rates, investing in extra security can help reduce your cover. This might include roll shutters, extra secure locks, CCTV, alarms, and so on.

Invest in Training

Certain types of staff training can also help bring down the cost of cover. A skilled barista may be less likely to spill a drink on a customer or their property, and they may be less likely to prepare drinks or food that could result in food poisoning or other unwanted effects. Plus, training your staff to spot security risks can help reduce losses from theft, which could reduce your premiums.

Choose How You Pay

Pay Annually
You can often make a saving on your cover if you pay in an annual lump sum, rather than in monthly instalments.

Consider Combined Policies
Some insurers also offer discounts if you buy combined policies rather than separate policies. For instance, you could pay less for a combined buildings and contents policy than you would for getting each policy separately.

Consider Higher Excesses
You could also save money on your premiums through offering to pay a higher excess. However, this can be a risky move. If you ever have to make a claim on your policy, a higher excess could mean that your settlement will not be lower than you expected.

Use an Insurance Broker

If you buy an off-the-shelf insurance policy, you may end up paying for some forms of cover that you do not really need. Or worse, you may find you are underinsured for certain risks.

Talk to an insurance broker, and they will take the time to understand your cover requirements. They will then help you get a tailored policy that meets all of your needs at a price you can afford.

Get Bespoke Cover For Your Coffee Shop From James Hallam

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your café or coffee shop.

Whether you run a single coffee shop, a chain of coffee shops, or a mobile coffee van, we can help you get the insurance you need at the best price.

Learn more about how we can support your Coffee Shop or Café.

What Happens If I Do Not Have Hotel Insurance?
What Happens If I Do Not Have Hotel Insurance? 1000 527 James Hallam

If you run a hotel, you have a legal requirement to get certain forms of hotel insurance. But other types of cover are optional. So, what happens if you do not have hotel insurance?

In this post we will outline why comprehensive, specialist cover is something that no hotel of any size should be without.

What Insurance Do Hotels Legally Need To Have?

If you employ any staff, then you have a legal requirement to get employer’s liability insurance. This will cover your staff for any accidents and injuries they may sustain while on the job.

You may be required to get buildings cover as part of your mortgage or your property leasing agreement. And if you are a member of any professional bodies, you may need to get certain forms of liability cover as a condition of your membership.

Beyond this, there are no other laws or regulations to say that your hotel has to get adequate insurance for other risks.

What Risks Do Hotels Face?

Running a hotel is an inherently risky business. On an almost daily basis you will likely have to deal with a number of small problems, any one of which could quickly escalate into a major issue:

  • A guest could accidentally or intentionally damage furniture, fittings, or fixtures. You will have to pay for repairs or replacements before any other guests can use their room.
  • A member of staff could accidentally spill food or drink on a guest, or their property. The guest may make a claim against you, for injuries or for damages.
  • A fire or a flood could force you to close for weeks, or even months. For as long as you are closed you will not make any money. But you will still have to pay for repairs, and you will still have to cover all of your bills and your staff’s wages.
  • A mistake in the kitchen could lead to an outbreak of illness among your guests. Every affected guest could make a claim against you. You may also have to deal with reputational damages, and even a visit from the health inspector.
  • A power cut, or issues with other utilities, could leave your guests without water, heating, or electricity. Every single one of them may request a refund.
  • A lengthy power cut could also mean food in fridges and freezers has to be thrown away, which could be very costly.
  • Thieves could break into your hotel at night, lifting cash from your tills or safe. Or a dishonest employee could rob you of thousands over a long-term period.

What Happens If I Do Not Have Hotel Insurance?

If you do not have insurance to cover you for losses like those listed above, then your business will have to pay for any costs to put things right, or for legal representation to gain funds from the responsible party, if there is one.

What Does Hotel Insurance Do?

Hotel insurance can cover most, if not all, of the costs that may arise from any of these situations. For example, public liability insurance can cover the legal fees, along with any compensation, that may arise from accidents, illnesses, or injuries guests sustain while staying at your hotel. Business interruption insurance can cover any loss of income you may experience if you are forced to shut for an extended period.

Without hotel insurance, you would be liable to meet these costs yourselves. For this reason, even a small problem could potentially sink your hotel business.

Be sure to read our full guide to what hotel insurance covers, and why you need it.

You will find some additional guides for hoteliers on our site:

Get the Tailored Hotel Insurance You Need

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance specialists. We are committed to protecting your hotel, your staff, and your guests from every risk you might possibly face.

No matter if you are running a large or a small hotel, we can tailor a niche insurance package to ensure you are covered for all risks at the best possible price.

Find out how we can help you get a bespoke and cost-effective hotel insurance policy today.

Social Media Influencer Insurance – Do I Need It?
Social Media Influencer Insurance – Do I Need It? 1000 545 James Hallam

If you use social media as part of your work, or if you have a significant online following, then you may need social media influencer insurance.

Even if you do not consider yourself to be an “influencer”, you may still need some specialist insurance to cover the work you do on social media.

In this post we will discuss what social media influencer insurance is, what it covers, and why you should consider it.

What Is Social Media Influencer Insurance?

This is specialist liability insurance for social media influencers and other professionals who use social media as part of their work. Social media influencer insurance can cover anyone who uses their social media channels to promote products and services for third parties.

So, if an individual or a company pays you to endorse their product on social media, influencer insurance could provide essential cover should anything go wrong with your professional relationship.

This specialist insurance can also provide essential cover for public figures, celebrities, and other influential online figures with large audiences. A misguided social media post, or a throwaway comment in an interview, could be considered slander or libel, which could result in costly legal action.

What Does Social Media Influencer Insurance Cover?

Social media influencer insurance can cover the legal fees, along with any compensation that might be due, for a number of claims:

  • Defamation – If an individual or a company claims a negative post is slanderous or libellous.
  • Negligence – If the influencer represents a company or a brand, then poor online conduct can put this company or brand in a bad light. This could be considered negligence.
  • Breach of contract or confidentiality – A promotional contract may specify a certain number of promotional posts, or it may even outline the desired outcomes, in terms of the number of likes or followers. If the influencer fails to meet these terms, they will be in breach of contract. Similarly, if they share any information that is classed as confidential, they will also have breached their contract.
  • Intellectual property infringement – If a post uses copyrighted images, videos, or music without permission, then it could result in a highly costly intellectual property infringement claim.
  • Regulatory breaches – Online content, along with all promotional content, is highly regulated in many parts of the world. If a social media influencer breaches any statutes, standards, codes, or regulations, it could lead to fines or legal action.

Who Might Need Social Media Influencer Insurance?

  • Actors, athletes, politicians, celebrities, influencers, and other public figures with large online followers.
  • Paid content creators including YouTubers, streamers, and bloggers.
  • Podcasters, TV personalities, radio personalities, and anyone else who may speak or be invited to speak on broadcasts.
  • Digital marketers who promote third party products or services on social media.

Do I Need Social Media Influencer Insurance?

If you make your living online, whether as an influencer or a digital marketer, then your reputation is everything. Businesses and brands will choose to work with you as a direct result of your large following and your influence. And when they work with you, they will expect results.

But your situation may be more precarious than it seems. A single off-colour post, or an absent-minded comment in a stream or an interview, could destroy your influence in an instant. And should this happen, it could compromise any contracts you have with your sponsors.

They could make a claim against you, for breach of contract or negligence. Or anyone else involved in an online scandal could accuse you of libel or slander. In any case, this could result in hefty legal fees or compensation payments. And without sufficient cover, you will be personally liable to meet these costs.

We Can Help You Get The Specialist Social Media Influencer Insurance You Need

Online careers can be fragile, and far too many seem to fail overnight. Social media influencer insurance will not itself protect your online reputation. But it will at least ensure that, should anything go wrong, you will be covered for all resulting costs. You should think of social media influencer insurance as an essential safety net that can ensure that a bad situation will not get any worse.

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your online brand.

We will take the time to understand your public profile, and your relationships with your sponsors and promoters. We can then help you get the specialist insurance you need to cover you for the risks you face as a social media influencer.

Learn more about our specialist insurance services.

 

What is Commercial Crime Insurance?
What is Commercial Crime Insurance? 1000 563 James Hallam

Commercial crime insurance will give your business cover for losses that can arise from criminal activity such as theft, forgery, or embezzlement.

What Does Commercial Crime Insurance Cover?

A commercial crime insurance policy may provide cover for all risks, or for named risks. In any case, your policy may provide the following core areas of cover:

  • Losses from third party criminal activity including robberies that take place on the business premises, or in transit.
  • Fraudulent or dishonest employee activity, including credit fraud, forged cheques, embezzlement, and insider trading.
  • Losses arising from receiving counterfeit money, and other forms of third party fraud.

While commercial crime insurance can also cover your business for losses resulting from cyber breaches, data theft, and social engineering attacks, dedicated cyber insurance can offer the most comprehensive cover.

Who Needs Commercial Crime Insurance?

All businesses should consider commercial crime insurance as part of their wider business insurance cover.

Take the time to assess the risks your business faces, including risks that are specific to your sector or industry. If there is the potential to make a significant loss as a result of theft or fraud, then commercial crime insurance could give your business essential cover for such losses.

High Risk Business Requirements

Any business offering financial services may be at a greater risk of insider fraud, and other forms of employee dishonesty. So while financial institutions will need some form of crime insurance cover, they are often required by law to get a specific type of cover known as a fidelity bond.

Fidelity bonds offer highly specific cover for certain forms of employee dishonesty. You can read our full guide to the difference between commercial crime insurance and fidelity bonds.

Understanding the Risks of Commercial Crime

If an opportunistic thief breaks into a shop and lifts some money from the till, the business losses may be significant, but they may be manageable.

But the losses arising from fraud, embezzlement, data breaches, and other forms of commercial crime can be utterly devastating for any business. Along with the financial losses, which could amount to five or six figure sums, your business may also suffer considerable reputational damages.

Consider former high street café chain Patisserie Valerie, for example. Investigations revealed that the company’s finance directors were inflating income while hiding debts. This resulted in the abrupt closure of 70 branches, the loss of 900 jobs, and personal losses of almost £200m for the company’s founder.

Why You Need Commercial Crime Insurance

It is important to note that commercial crime insurance does not itself prevent crime, and that a policy may not provide adequate cover for such an egregious case as this. However, this example demonstrates that:

  • Commercial crime can occur in any sector, and is not exclusive to financial institutions.
  • No business is too big to fall. If commercial crime can sink such an establishment as Patisserie Valerie, then it could sink your business too.

This is why all businesses and professionals should get comprehensive insurance cover for any potential losses that may arise from criminal activity. Your insurance may not prevent crime from taking place, but it could at least help your business to bounce back from cases of fraud, embezzlement, and theft.

At James Hallam, We Can Help Your Business Get The Cover You Need

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your business.

We will take the time to get to know you and your business, so that we can advise you on your specific business insurance requirements.  We can then help you get the cover you need for the crime risks your business is facing, whether this means a broad crime insurance policy, a more specific fidelity bonds policy, or a dedicated cyber breach response policy.

Learn more about our professional risks insurance services.

Do Farm Quad Bikes and Agricultural ATV Need Insurance?
Do Farm Quad Bikes and Agricultural ATV Need Insurance? 1000 733 James Hallam

If you use a quad bike or an ATV for agricultural purposes – that is, if you only use it on farmland and not on UK roads – then you may be exempt from paying tax on the vehicle, and you may not even need a driving licence.

But what about insurance? Do you need to pay insurance on farm quad bikes and agricultural ATVs?

An Introduction to Agricultural Quad Bike and ATV Insurance

If you are driving any vehicle on UK roads, then you have a legal requirement to get at least third party insurance cover. It is an offence to drive an uninsured vehicle on public roads. But if you are only driving your quad bike or ATV off-road, then this law does not apply. You do not have a legal obligation to get any insurance for your agricultural quad bike or ATV, so long as you only ever ride it off-road.

 You will need at least third party insurance cover for any time you spend on public roads, even if it’s just a five minute journey between two fields.

However, even if there is no law saying you need insurance for your agricultural quad bikes and ATVs, it is still a good idea to get comprehensive cover for all possible risks.

The Risks Associated With Agricultural Quad Bikes and ATVs

Quad bikes and ATVs can be significant investments, and many farmers depend on them for a range of agricultural purposes. Unfortunately, quad bikes and ATVs are a prime target for thieves, as they are valuable and very easy to move and sell. If nothing else, you need insurance to cover you against the risks of theft. Yet insurance can also cover your quad bike or ATV if it is ever destroyed or damaged.

Think about how crucial your quad bike or ATV is to your farmwork, and how much of an inconvenience it would be if your vehicle were ever destroyed, damaged, or stolen. Would you be able to afford repairs, or a replacement? This is where adequate insurance can help you stay afloat.

Registering Agricultural Quad Bikes and ATVs

First, you should register your agricultural quad bike or ATV with the DVLA. Depending on the type of vehicle you use, and how you use it, you may have a legal requirement to do this anyway. But in any case, registering the vehicle can help the police recover it should it ever get stolen.

If you use the vehicle solely for off-road purposes, then you can add it to the Off-Road Register. If you use it for agricultural purposes, then you may need to register it as a light agricultural vehicle.

Securing Insurance for Your Farm Quad Bike

You will need at least third party insurance if you ever take your quad bike or ATV on public roads. If you are strictly off-road, then it is still a good idea to get some dedicated agricultural quad bike and ATV insurance to cover you for the risks of theft, or damage.

Your insurer may outline certain requirements you will need to meet before they cover you. For instance, they may specify that you need to keep your vehicle locked in a secure garage whenever you are not using it.

Specialist Quad Bike Insurance From James Hallam

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who care about protecting your assets.

We provide specialist ATV insurance for clients who use their quad bikes or ATVs in connection with agricultural work or shoots. You can also get additional benefits if you are a BASC member.

Learn more about our dedicated ATV and quad bike insurance services.

Do You Pay Council Tax on a Shepherd’s Hut?
Do You Pay Council Tax on a Shepherd’s Hut? 1000 563 James Hallam

The tax you pay on your shepherd’s hut will depend on where it is located, and how you use it.

In this post we will discuss some situations in which you may need to pay council tax, or other kinds of tax, on your shepherd’s hut.

When Do You Pay Council Tax on a Shepherd’s Hut?

If the shepherd’s hut is on your own land – that is, in the garden attached to your main family residence – and if only you or your family use it, then you will probably not have to pay council tax on it. But if you or anyone else uses the hut as their primary residence, then council tax may apply.

You may also have to pay council tax if the shepherd’s hut is located on a plot of land that is not part of your main residence. In this case, the local council may treat your shepherd’s hut as a second home, or an unoccupied property, and tax you accordingly.

Contact your local council for more information about the council tax rules in your area. Let them know where your shepherd’s hut is located, and how you use it, and they can advise you on the tax you will need to pay. They will also advise you on whether or not you need to register your shepherd’s hut with the local authority.

Do You Have To Pay Council Tax If You Let Out Your Shepherd’s Hut?

You may also have to pay council tax on the hut if you let it to holidaymakers. This may depend on whether or not the shepherd’s hut is located on land that is part of your primary residence, or if it is located on a separate plot of land.

Other Taxes to Pay If You Let Your Shepherd’s Hut to Holidaymakers

If you let your shepherd’s hut to holidaymakers, you may also have to pay certain business rates, including income tax, VAT, and capital gains tax. The tax you pay, and the amount you owe, will depend on how much income you make from letting your shepherd’s hut. The number of nights your shepherd’s hut is available to let each year can also determine the business rates you will need to pay.

Read the full government guidance on business rates for self-catering and holiday let accommodation.

Tax Relief For Shepherd’s Hut

If you let your shepherd’s hut to holidaymakers, and you do not live in it yourself, then it may qualify as a Furnished Holiday Letting (FHL).

To be classed as an FHL, your shepherd’s hut must meet certain criteria:

  • It must be furnished by you.
  • The hut must be available to let for at least 210 days of the first tax year you start letting. It does not matter whether or not you have bookings for the entire 210 days.
  • You must not allow for stays longer than 31 days.
  • The hut must be commercially let as a holiday property for at least 105 days of the year. Any time you, your friends, or your family spends in the hut for free or at reduced rates do not count towards this total.

If your shepherd’s hut does qualify as an FHL, you can get a range of benefits:

  • Capital gains tax relief.
  • Capital allowances for any furniture, equipment, and fixtures you purchase and fit.
  • Any rental income can count as earnings for pension purchases.

Read the government’s full guide to FHLs, the eligibility, and the possible tax relief.

Get The Insurance Cover You Need For Your Shepherd’s Hut

No matter how you use your shepherd’s hut – whether for a garden office, as a personal getaway, or as a rental property – it is important that you get the right insurance for your property.

James Hallam is an independent Lloyd’s broker with a dedicated team of experienced insurance professionals who specialise in getting you the cover you need at a competitive price.

We will ensure you get full cover for your shepherd’s hut, wherever it is located, and however you use it.

Learn more about our specialist shepherd’s hut insurance and get a free quote today.

Hotelier Insurance: 5 Key Considerations Every Hotel Should Address
Hotelier Insurance: 5 Key Considerations Every Hotel Should Address 1224 392 James Hallam

By David Noble, Director of Hospitality & Travel, James Hallam Insurance Brokers

Having worked closely with hoteliers across the UK for many years, I’ve seen first-hand the dedication, resilience, and attention to detail that define the hospitality industry. At James Hallam, we’ve proudly served the sector since 1982 – and one constant remains: no two hotels are the same and neither are their risks.

Here are the five most important hotelier insurance considerations to ensure your business is properly protected and positioned for long-term success.

1. Every Hotel Has a Unique Risk Profile – Understand Yours

The first step in developing the right hotelier insurance strategy is understanding the specific risks your hotel faces. A boutique city hotel has very different exposures compared to a seaside resort or country estate.

Factors that influence the cover you need:

  • Location and surrounding risks
  • Services and amenities offered
  • Guest demographics and booking trends

Our role is to tailor insurance that reflect these nuances to ensure you’re not overpaying for cover you don’t need – or under-protected where it matters most.

Find out more about how we can help you assess your risk profile.

2. Don’t Overlook Business Interruption Cover – It’s Crucial

One of the most underestimated forms of hotelier insurance is business interruption insurance. From fires and floods to power outages, operational disruptions can happen unexpectedly – but the financial fallout often lasts months.

Why it matters:
Business interruption insurance supports your hotel by compensating for lost income and fixed overheads during closure periods. It’s essential that the indemnity period matches a realistic recovery timeline. We work with our hoteliers to model realistic recovery times and build the right protection around them.

3. Cyber Risk Is a Modern Hotelier’s Reality – A Business-Critical Issue

The hospitality industry has become a prime target for cybercrime. From guest data to booking systems and point-of-sale software, hoteliers handle an enormous volume of sensitive information daily. A cyber breach doesn’t just result in downtime, it can lead to serious reputational and legal consequences.

What to include in your hotelier insurance policy:

  • Cyber insurance for financial protection
  • Staff training on cybersecurity best practices
  • Regular system audits and updates

Cyber resilience is no longer optional – it’s a core part of your insurance planning.

4. Documentation Can Make or Break a Claim

Effective hotelier insurance doesn’t stop at having the right cover – it also requires strong documentation to support your claims.

Recommended practices:

  • Maintain an incident report protocol
  • Keep equipment and maintenance logs
  • Train staff in proper reporting procedures

Well-kept records can significantly speed up claims processing and ensure fair settlements.

5. Choose a Broker Who Knows Hospitality

Not all insurance brokers understand the complexity of the hospitality industry. At James Hallam, our hospitality team is made up of specialists who live and breathe this sector. We understand the regulatory pressures, the staffing challenges, the seasonal changes.

We provide:

  • Industry-specific advice
  • Ongoing claims support
  • Strategic risk management tailored to your operations

Hotelier insurance isn’t just about policies – it’s about partnerships built on trust, experience and advocacy.

Let’s Talk Hotelier Insurance

Whether you’re reviewing your current insurance or planning a new strategy, I’d welcome a conversation. Our goal is to ensure your hotel is protected – today, and for whatever comes next.

Contact David Noble: david.noble@jameshallam.co.uk
Or book a call with our hospitality insurance team

When did you last look at your insurance portfolio?
When did you last look at your insurance portfolio? 1000 667 James Hallam

As our lives evolve, so too do the risks and responsibilities that come with them. Yet amid the pace of daily life, reviewing your insurance portfolio is often pushed to the bottom of the list. Just as you would revisit your financial planning, tax position or legal affairs each year, it is worth checking to make sure that your insurance is still doing what you need it to.

A regular review is a key part of managing your personal and financial wellbeing.

Life changes. So should your cover.

It is easy to assume that once your insurance is in place, you can set it aside and forget about it. But the reality is that cover which made perfect sense a year or two ago may no longer reflect your current circumstances.

Think about the changes that might have taken place over the past 12 months:

  • Have you purchased, renovated, or sold property?
  • Have you acquired valuable items such as artwork, jewellery, or vehicles?
  • Has your family situation changed?

These are just a few examples of life events that could impact your risk profile. Without adjusting your insurance to account for them, you may be unknowingly underinsured, or paying for cover you no longer need.

The risk of being underinsured

Underinsurance does not always reveal itself until a claim is made and by then, it may be too late. A property that has risen in value, a high-spec renovation, or an overlooked asset can all create shortfalls if your policy limits have not been updated accordingly.

It is not only about physical assets. Think cybercrime, personal liability or legal exposures – it is also about ensuring your policies reflect the world we live in today.

Even the best policies can fall out of step if left unchecked.

A review is not a chore, it is a sensible habit

An insurance review does not need to be time-consuming or complicated. In fact, it is often a straightforward process that provides valuable clarity and confidence.

Importantly, it also gives you the opportunity to better understand what is covered, what is not covered and where changes might offer more suitable protection. It is not always about adding more cover – it is about making sure the cover you have is appropriate, proportionate, and relevant.

For individuals with more complex arrangements such as multiple properties, collections, business interests or trusts, this becomes even more important. A review can highlight overlaps, gaps or inefficiencies that are otherwise easy to miss.

Making time for peace of mind

Ultimately, reviewing your insurance portfolio is about staying in control. It is a small effort that can make a significant difference when it matters most. In a world where change is constant, doing so annually is a practical way to stay one step ahead.

When did you last look at your insurance portfolio? If it has been more than a year, or if you have experienced any changes in wealth, lifestyle, or responsibility, it may be time for a second look.

You can call any of the team on 0203 002 9859 or email pcl@jameshallam.co.uk.

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