WPS response in relation to GDPR Regulations

This is an issue which we have been preparing for at a senior management level. We are committed to complying with the principles of GDPR and have taken advice from a number of sources including:-   Legal advisors Our trade organisation BIBA A specific project team within our alliance of UNA Referral to the Information Commissioners Office (ICO)   You are welcome to view our Privacy Policy at https://www.wpsinsurance.co.uk/privacy/. Our…
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Challenging Insurance Premium Tax Increases

In recent years insurance buyers have been hit by a wave of insurance premium tax increases. First in November 2015 (6%-9.5%), again in October 2016 (9.5 - 10%) and again in June 2017 (10-12%). Doubling the rate in under two years.   These increases have resulted in consumers being charged higher premiums.   As part of our commitment to our clients and insurance consumers as a whole, Managing Director Steve…
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Terrorism Insurance – Cover Overview

Terrorism is not new, but the frequency, audacity, and geographical reach of terrorist attacks have noticeably increased in recent years. Understandably, business owners, risk managers and insurers are concerned with mitigating the risks posed by increasingly prevalent, damaging and random attacks.   Because losses, costs, damages and expenses from terrorism are typically excluded from standard commercial insurance policies,┬ácover must either be added on as an extension or purchased as a…
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