News

Are you storm ready? With so many storms hitting the UK in recent times, here is some advice to consider when preparing for strong winds and heavy rain. To qualify as a storm for insurance purposes, the weather needs to meet one or more of the following conditions: – Wind gusting at 48 knots (55mph) […]

And before we know it, Autumn is here. Dark mornings, dark evenings and the summer is behind us. The change of seasons highlights an increased risk of being targeted by burglars. Burglars embrace the longer hours of darkness. They can work more covertly using the dark to their advantage. Home security systems are designed to […]

Riot’s in the UK – August 2024 The recent protests around the UK, have caused significant damage, with the media reporting buildings and property that have been set on fire  and maliciously damaged. In the coming days/weeks, it is likely that the individual businesses/persons who have suffered damage will be presenting claims under their policy […]

BT has announced the closure of all Redcare operations from 1st August 2025. This means that Redcare customers will need to replace their alarm signalling equipment before this date and ideally as soon as possible. By doing this it will likely avoid issues with high demand for the supply and fit or alternative signalling products […]

What is an EICR (Electrical Installation Condition Report) and how do you fill one in? An EICR, is an inspection report on a property’s safety relating to its fixed wiring. This report has also been labelled as the Landlord Safety Test or Homebuyers Test. The tests are conducted by qualified electricians. It is highly recommended […]

The most popular and, perhaps, simplest way to obtain insurance on items such as handbags is to go through your homeowners insurance plan.  It doesn’t always provide the most comprehensive of cover however and some bag owners may not feel that it is not enough cover for them. Another option is to learn about the […]

Inflation has been a key theme in the UK in 2023 and now PM Rishi Sunak has announced UK inflation has dropped to it’s lowest level in two years. Inflation is a key theme for the UK insurance market in 2023, as it is across the wider economy. Ignoring the fluctuations in the housing market, […]

General research shows the cost of car insurance went up by a significant 58% over the past 12 months. The average cost of a comprehensive car insurance policy is now £924. Drivers aged 18, for example, paid £2,999 for their policy, on average – more than triple the national average. It’s also £1,415(88%) more than […]

CONSUMER DUTY The Financial Conduct Authority (FCA) requires all brokers to be fully compliant with The Consumer Duty requirements for all open products by 31 July 2023. At Bloomhills, we have always put our customers’ needs first to help support positive customer outcomes. The Consumer Duty requirements have provided an excellent opportunity to conduct a […]

WHAT IS CYBER INSURANCE? Cyber insurance is cover designed to protect your business from threats in the digital world that we now live in. Data breaches or malicious cyber hacks on work computer systems are some of the issues companies now face when dealing with cyber breaches. A business is responsible for its own cyber […]