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Cybercrime has never been a greater threat than today. According to the Cyber Security Breaches Survey 2023, 2.39 million instances of cybercrime were reported; but the one type of attack that often makes headlines is ransomware. These attacks encrypt everything on your network and demand a fee to decrypt it. If you fail to pay…
Continue reading "Does Cyber Insurance Cover Ransomware?"
Every year, tens of thousands of cybersecurity breaches occur, with over 75% of those breaches affecting small businesses with less than 200 employees. An even more concerning fact for business owners is that over 60% of those operations go out of business permanently within six months of a cybersecurity breach. Bearing in mind those frightening…
Continue reading "A Checklist for Buying Cyber Insurance: What to Consider"
Technology and internet use have many advantages for today’s businesses in all sectors. However, our growing use of tech has led to a new form of cybercrime. Cybercriminals attack almost any kind of online system, including the following: If your business’s systems are attacked or hacked, it’s essential to have cyber insurance in place to…
Continue reading "Is Cyber Insurance Important for Businesses?"
In today’s digital landscape, highly technical cyber-attacks are a great fear for modern businesses and can bring your operation to a grinding halt if you’re unprepared. Cybercrime can compromise your customer’s sensitive data, damage your reputation, disrupt operations and even leave your business completely unable to operate. It’s key for businesses to learn what significant…
Continue reading "Cybersecurity Threats and Attacks Your Business Should Be Aware Of"
Cyber is considered by many to be the number one risk that businesses currently face. With cyber threats more prominent than ever and the market increasingly more complex, it is important that you have insurance in place to protect you should your business face a cyber threat or attack. What is cyber insurance? Cyber insurance…
Continue reading "The 5 Components of Cyber Insurance"
Our Claims Manager Julie Moore, has outlined the recent updates to the Highway Code and outlines what your business should be doing now in response. We have had updates from insurers following the updates to the Highway Code in January. These changes included how all drivers better protect vulnerable road users and includes further rules regarding…
Continue reading "Updates to the Highway Code"
Stanmore Insurance Brokers in Bolton are celebrating as they have won three awards in the last month. Stanmore, a commercial insurance broker based in Little Lever was named ‘Schemes Broker of the Year’ at the National Insurance awards in London last week. The award recognised the broker’s impressive nursery insurance scheme that insures the nurseries…
Continue reading "Hat Trick for Bolton Broker"Earlier in Summer, we were lucky enough to have a sunny day and an opportunity to bid a fond farewell to our Broking & Compliance Manager, Janet who retired in August. A great day was had by all and it was lovely to see colleagues old and new come together to celebrate Janet’s career with…
Continue reading "The Stanmore Team at Janet’s Surprise Retirement Garden Party – July 2021"Stanmore Insurance Brokers is a Chartered firm of insurance brokers. This means we have satisfied rigorous criteria relating to professional qualifications and ethical good practice. Our Chartered status means you can be confident that you are dealing with one of the UK’s leading firms that is wholly committed to providing you with the best possible advice, service and support.
