One of the most important parts of what we do here at Kingsbridge Contractor Insurance is finding out what it is our customers do for work. As the list of professions and roles we cover continues to grow, so does our list of job titles. We consider ourselves to be experts in every field we cover, but on occasion there are jobs that even we have to Google before setting up a contractor with insurance. In the first of a series featuring all of the industries we cover, we take a look at what some of the more confounding job titles and specific areas within the Oil & Gas industry actually mean.
We’re delighted to say that we’ve recently picked up another awards nomination, to go along with our nominations for Digital Insurance Initiative of the year at the British Insurance Awards and Best Banking, Insurance & Financial Services eCommerce at the eCommerce Awards, alongside our shortlisting for Affiliate Member of the Year at the APSCo Awards for Excellence 2015. This time we’ve been nominated for Customer Champion of the Year at the Insurance Times Awards, an accolade we’re particularly delighted with. Our customers are the foundation on which Kingsbridge Contractor Insurance is built, and we’re very pleased to be recognised as a company that goes out of its way to put the customer first. We’ve always sought to provide the best customer service possible, and we’re continuously looking for ways we can improve further.
Insurance Times is the media partner of choice, and premier news, information and insight brand, for general insurance in the UK, with an audience of key decision-makers, business placers and principals in brokers, insurers and service suppliers. The awards take place on 1st December at Battersea Evolution in London. We’ll keep you updated on any future nominations or award wins right here on the Kingsbridge blog.
In the meantime, if you’re a contractor or freelancer looking for insurance then why not get a quote online, or get in touch with one of our client services team on 01242 808740 or at email@example.com. You can find us on Twitter and Facebook too.
As a contractor, you’ll find that clients and agencies will often insist that you hold adequate insurance before you undertake a contract. Having the right insurance in place will ensure you’re in line with the terms of your contract, and will provide you with cover should a claim be made against you. One of the most important covers for a contractor or freelance professional to hold is professional indemnity insurance (also known as PI.)
PI is a key IR35 indicator. It’s not a requirement for a traditional employee as they’d be covered by the insurance provisions of their end client. Holding professional indemnity insurance therefore provides a clear distinction between contractor and employee. The fact that you, as the contractor, have purchased professional indemnity insurance demonstrates a financial obligation and a responsibility to protect your interests.
Below you’ll find an easy to follow breakdown of what PI is, why you need it, and a few examples of claims so you can see the full picture.
The rise of the self employed over the last decade or so has been remarkable. The number of people who work for themselves is now at a 40 year high in the UK, and it continues to grow. Check out our latest infographic below, where we break down the numbers of contractors and freelancers across gender, location, income and more. Have you made the move to self employment in the last ten years? How is it working for you? Let us know what you think in the comments below, or over on our Facebook and Twitter pages.
Contractor insurance comes with a lot of related jargon and we understand that it’s easy to become bogged down in what all of these industry specific terms actually mean.
Not to fear! You don’t have to swallow a dictionary in order to understand your contractor insurance policy. We’ve collected some of the key terms you’re likely to come across when searching for insurance cover to make the terrain a bit easier to navigate, and to save you some valuable time!
It’s well known that the year from January 2014 to January 2015 was a tumultuous one for the oil industry. By the end of January 2015 crude oil prices had dipped to their lowest in five years, dropping down to just under $50 a barrel. In our infographic we take a look at how that year unfolded, and the impact it had on those countries reliant on oil production. You can view it by clicking on the image above, or at this link right here. What do you think? Did the fluctuations have an impact on you or your job? Let us know what you think in the comments below, or over on our Facebook and Twitter pages.
The first Conservative-only Budget in 19 years took place in the House of Commons yesterday and whilst there were some positives, the Tories announced a number of changes which will undoubtedly affect contractors in a negative way, with contractor dividends, expenses, and IR35 among the areas targeted by the Chancellor.
Chris Bryce, CEO of IPSE, noted: “The combination of the action on dividends, clamping down on travel and subsistence and potentially toughening up IR35 legislation could leave many contractors feeling pretty sore.”
The official State Opening of Parliament took place on Wednesday 27th May, with the Queen’s Speech outlining the new Tory government’s agenda and proposed legislation for the upcoming parliamentary session.
Just over a month into their new five year term in government all eyes in the contracting community are focused firmly on what pre-election promises Cameron’s Conservatives are likely to come good on. In this blog we’re going to look at some of the most important aspects of working life in the UK that will make a contractors life easier, more secure and more profitable.
Much ink has been spilled, including by us here at Kingsbridge HQ, about the all new single party Tory government that few of us were expecting for the next five years. One of the key concerns for contractors, of course, is what policies the party will introduce that support the working life and growth of the independent professional sector.
However, of equal concern are the ministers that hold strategically important positions for contractors. Those that understand and appreciate the unique position that contractors hold in the landscape of modern British business and can advocate on their behalf are a necessity if independent professionals are to flourish and continue to play an important role in the UK’s economic recovery.
Here we’re going to take a look at some of the ministers that will play a significant role in the working lives of contractors for the next five years of Conservative government.
We’ve got some exciting news from Kingsbridge HQ. From today we’ll be known as Kingsbridge Contractor Insurance. If you currently hold a policy with us you don’t need to worry – nothing is changing apart from our name and website address. You’ll still get all the familiar benefits, the same excellent customer service, and the unbeatable, comprehensive insurance cover. You can now find us online at kingsbridge.co.uk.
Why the change? Since our very first day we’ve always been fully committed to contractors and independent professionals, and we wanted to reaffirm that commitment by changing the most visible part of our business: our name.
Since we formed Kingsbridge in 2007 we’ve seen the contractor community grow from strength to strength, and we’re proud to have been a part of that. As the contractor marketplace continues to develop, we’ll be there with our experience and our expertise, providing you with the insurance cover you’ll need to protect yourself in business. As always, if you need to discuss insurance, or if you have any questions about working as a contractor or an independent professional, we’d be happy to hear from you. You can contact us on 01242 362176, at firstname.lastname@example.org, or on Twitter @KingsbridgeCI.