C R Toogood & Co Ltd

🌟 Friday Roundup from the C R Toogood & Co Ltd team! 🌟 Happy Friday, everyone! Join us to summarise the past week: Autumn Budget 2024: A Summary: - This week the Chancellor of the Exchequer, Rachel Reeves, presented her 2024 Autumn Budget to Parliament on 30 October. She was the first woman to deliver a UK Budget and this was the Labour Party’s first Budget for more than 14 years. - When the Chancellor finished her statement in the Commons, the Office for Budget Responsibility (OBR) published updated forecasts for the UK’s economic and fiscal outlook. - The Chancellor has increased government spending by around 2% of GDP a year, on average, over the next five years. One-third of the additional spending will go on government’s investment spending on things such as transport, housing, and research and development. The remaining two-thirds will go on government’s day-to-day spending. - Half of the increase in spending is funded through an increase in taxes, mainly through higher employer National Insurance contributions and capital taxes. The remaining half is funded largely through additional borrowing. - The Chancellor said the Budget is “restoring stability to our public finances and rebuilding our public services” and restoring “economic stability”. 📰 News & Events: - Big thank you to The Partnership for the treats sent to our office this week! - Happy Belated Birthday to C R Toogood & Co Director Peter Toogood 🎉 We hope you had a great birthday! 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! 📸 We hope you all have a lovely weekend! See you next week! 👋 #Toogoods #Insurance #WeeklyRoundup #Insurancebrokers #Friday

🌟 Friday Roundup from the C R Toogood & Co Ltd team! 🌟 Happy Friday, everyone! As we look back on the past 2 weeks, let's take a moment to reflect on what we have been doing: 💼 Meetings & Events: - This week we had a visit from Ric Mustard at Aviva to discuss all things Group business travel and Personal accident insurance. This was a great chance for the newer members of the team to learn the risk appetite for this policy. Thanks to Ric Mustard for coming in to see us! - Last Saturday saw the sponsorship of Super League Basketball team the Surrey 89ers by Lanning Toogood unveiled at their home court at Surrey Sports Park in Guildford. John Lanning first became involved in the sponsorship of topflight British basketball in 2009, initially with Guildford Heat. He continues to be a committed fan, now as a dedicated Niners’ follower. Speaking of this new partnership, John said “Lanning Toogood’s involvement with the Niners demonstrates a commitment to local sport at the highest level. We look forward to following the club through a successful first season”. - Richard Fernandez ACII alongside Martin Robinson, Sam Hughes, Esther Toogood and James Birch all attended a CII webinar this week hosted by Alan Chandler on Critical business interruption learning's for brokers, following the Infinity Reliance Judgement. We continue to be huge fans of the CII webinars as they remain extremely insightful! - We were lucky enough to have Ajit Chudasama Cert CII visiting us in the office today! Great to see you AJ, we hope to see you in the office more often! 👋 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! We hope you enjoy our photos! 📸 We hope you all have a lovely weekend! See you next week! 🎉 #Toogoods #Insurance #WeeklyRoundup #Aviva #Insurancebrokers #Friday

Delighted to see the new Lanning Toogood advertising banner at the Surrey 89ers game last night. Not the result hoped for with the win going to Leicester Riders, but a great evening as always. It’s great to be involved with top flight British basketball sponsorship in Guildford again. Lanning toogood is a trading name of C R Toogood & Co Ltd.

🌟 Friday Roundup from the C R Toogood & Co Ltd team! 🌟 Happy Friday, everyone! As we wrap another week, let's take a moment to reflect on what's been going on: 🔍 Industry Trends & Insights: - A major concern among UK businesses continues to be the rising cost of cyber insurance claims. These claims are driven by a surge in sophisticated cyber attacks, which are pushing up premiums and creating significant challenges for insurers. If you don't have cyber insurance or are unsure whether you're covered in the event of a claim, contact our team at 01483 285 363 for a cyber insurance quote! 💼 Meetings & Events: - This week, we had the pleasure of hosting a meeting with Zurich Insurance! Lamin Sankoh and Thomas Pickett visited our offices to develop our understanding on Zurich's risk appetite. It was a great opportunity for the newer members of our team to meet Lamin and Tom. We also enjoyed Pizza courtesy of them! Thank you and we look forward to welcoming you back! 🍕🤝 - Martin Robinson attended a Hospitality at Goodwood Revival Racing experience with Chubb. The day consisted of racing classic cars around the famous track and off-road driving. See photos attached and the incredible hamper Martin won for best off-road driving! Big thank you to Mark Allen for the invitation! 🚘 - We also celebrated Teresa, our book keeper and mortgage administrator's birthday this week! Happy Birthday T, we hope you are having a lovely holiday. - Well done to James Birch for completing his first 3 months at Toogoods! 👏 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! We hope you enjoy our photos from the week! 📸 We hope you all have a lovely weekend! See you next week! 👋 #Toogoods #Insurance #WeeklyRoundup #CyberInsurance #Friday #Updates #Goodwood #Revival #Chubb #Zurich

🌟 It's that time again for our Friday Roundup! 🌟 We hope everyone has had a productive and successful week! Let's take a moment to summarise what we have been up to: 🔍 Industry Trends & Insights: - A Focus on Consumer Duty: The implementation of the Consumer Duty continues to be a focal point. Insurers are under scrutiny to ensure they deliver good outcomes for customers, with a particular focus on vulnerable consumers and the suitability of products like add-ons. Insurers may need to review their product portfolios and pricing strategies to comply with these regulations. 💼 Meetings & Events: - This week, Kevin Hope attended an event with ACIES MGU hosted by Teddy Sheringham! The event took place at the Steam Wine Bar in Monument. Big thanks to David Truckle for the invite! - Kevin Hope also attended a meeting with Zurich Insurance in London hosted at the Zurich Offices. Many thanks to Lamin Sankoh for the invitation! - This week, we had the pleasure of hosting Robin Phillipps from Allianz Trade at our Office. Robin gave us an informative training session on Trade Credit Insurance and how we can use it to benefit our customers. It was insightful to hear more about this product and we look forward to finding new opportunities for business. 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! We hope you enjoy our photos! 📸 We hope you all have a lovely weekend! See you next week! 👋 #Toogoods #Insurance #WeeklyRoundup #InsuranceInsights #Friday #Events

🌟 Friday Roundup from the C R Toogood & Co Ltd team! 🌟 Happy Friday, everyone! As we wrap up the week, let's take a moment to reflect. Here's what's been going on: 💚 MacMillan Coffee morning ☕️: - This week we hosted our MacMillan Coffee Morning where we baked a selection of sweet and savoury treats to raise money for the amazing MacMillan charity. We saw brownies to pasties to an office-voted favourite black pudding and chorizo sausage rolls! A notable mention to our star baker James Birch! We raised a great amount of money and will continue to support the inspiring charity that is Macmillan Cancer Support! 📚 Meetings & Events: - This week Jason Carter from Aviva attended our offices for a quarterly catch up on all things 110 broker. Very useful meeting discussing opportunities that exist within this valued insurer partnership. - A big Happy Birthday to Richard Fernandez ACII 🎂🎉 We hope you had a lovely day and have a great weekend celebrating! - John Lanning attended another 859Mindshare Meeting this morning at the amazing Login Business Lounge in Camberley. These meetings are run by Richard Maybury of Attitude Solutions, who John has known for many years. Topical business questions are raised for the attendees to ponder and then share their wisdom, experience and insights. 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! We hope you enjoy our photos from the week! 📸 We hope you all have a lovely weekend! 😁 #Toogoods #Insurance #WeeklyRoundup #CyberInsurance #Friday #Updates

🌟 Friday Roundup from the C R Toogood & Co Ltd team! 🌟 Happy Friday, everyone! As we wrap up the week, let's take a moment to reflect. Here's what's been going on: 🔍 Industry Trends & Insights: - A continued focus on Sustainability: Insurers are ramping up efforts to transform their portfolios to align with environmental, social, and governance goals. This includes direct investments in green-energy projects as firms work to achieve net-zero targets. The pressure to meet sustainability goals is influencing both strategic decisions and asset allocations across the sector. 📚 Educational updates: - Huge congratulations to Sam Hughes for passing his M81 module today, passing both his exam and his coursework! A step closer to your Dip CII. Whilst today is also Sam's 2 year anniversary working here at C R Toogood & Co Ltd, We look forward to seeing your continued success in the future! Well done! 👏 🎉 Meetings & Events: - This week, John Lanning attended the Aviva Club 110 conference in Malta! 🌞 The 110 Conference provided the perfect opportunity for John to network with decision makers within the Aviva senior management and listen to Aviva’s comments and observations on the current commercial and personal insurance marketplace. Thank you to Zoe Weightman at Aviva for your continued hospitality! - This week, we had the pleasure of hosting a meeting with Arch Insurance (UK) Limited. Richard Hope visited the office to develop our understanding on Arch's risk appetite. Thank you Arch Insurance (UK) Limited! - Today Martin Robinson attended the Suited & Booted homeless charity lunch where he met up with our friends at ACIES MGU, and rugby legends Jason Leonard and Brian Moore. 🏉 - We also celebrated Esther Toogood's birthday in the office on the 16/09! Happy Belated Birthday Esther! 🎂 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! We hope you enjoy our photos from the week! 📸 We hope you all have a lovely weekend! See you next week! 👋 #Toogoods #Insurance #WeeklyRoundup #CyberInsurance #Friday #Updates

🌟 It's that time again for our Friday Roundup! 🌟 Let's wrap up the week with some C R Toogood & Co Ltd highlights: 🏡 Industry Insights: - This week we have seen many headlines including the The Renters' Rights Bill, which abolishes no-fault evictions under Section 21. This was introduced in the UK Parliament on September 11, 2024. This bill aims to provide tenants with greater protection by preventing landlords from evicting tenants without giving a valid reason. The reforms are set to be implemented by summer 2025. - Other key measures include applying stricter safety standards to rental properties and banning practices like rental bidding wars and discriminatory bans on tenants receiving benefits or with children. The bill is still in the early stages, so it may undergo changes before becoming law. - The Renters' Rights Bill could affect property insurance in several ways for example; Property Maintenance. The bill requires landlords to meet the Decent Homes Standard, ensuring properties are free from serious health and safety hazards. - Risk of Evictions: With the removal of no-fault evictions, landlords may face extended periods of vacancy if a tenant refuses to leave, especially in cases involving disputes or non-payment. This could lead to higher insurance premiums as insurers might consider the increased risk of rental income loss or property damage during longer tenancy periods. - Pet Insurance: The bill allows tenants to request permission to keep pets, and landlords can require tenants to have pet insurance. This adds another insurance consideration for property owners. 👨👨👧👦 Team News: - This week Andrew Smart (Cert CII) attended Lord's cricket ground with ACIES MGU. Thank you for the invitation, we hope to see you at events in the future! - This afternoon, Peter Toogood & Kevin Hope had a great meeting with James Cadle from Eaton Gate MGU. We are looking forward to future business together. 🙌 Wishing everyone a fantastic weekend ahead. Let's recharge and come back next week better than ever! #FridayFeeling #TeamWork #Innovation #IndustryInsights #EmployeeAppreciation

Thanks to Lewis Heathorn and Robin Phillipps for the day at the cricket with Allianz Insurance. It was a great day, even with the delay in play

🌟 Weekly Roundup: Join us for our weekly catch up! 🌟 Welcome to this week’s roundup! Stay updated with the latest trends, regulations, and news of what the C R Toogood & Co Ltd team have been up to: 📊 Industry Insights: - New Guidelines on Cyber security Insurance: New regulations are being introduced to better define the scope of cyber security insurance, focusing on stricter underwriting practices and coverage clarity for businesses facing increasing cyber threats. - Rising Premiums Linked to Climate Change - Climate change continues to impact property and casualty insurance, with premiums on the rise in regions prone to natural disasters. Insurers are re-evaluating coverage limits in high-risk areas, particularly for floods and wildfires. - Innovation in Life Insurance Products - Life insurance companies are introducing flexible hybrid policies that combine traditional coverage with long-term care benefits. These new products are designed to meet the growing demand for comprehensive financial protection. - Health Insurance Costs Continue to Escalate - The rising cost of healthcare is leading to higher premiums for both individual and group health insurance plans. Some insurers are exploring cost-containment strategies, including value-based care and alternative solutions. 📰 Team updates: - Today Kevin Hope is attending the England vs Sri Lanka Test 3 match with Allianz. Thank you to Allianz & Lewis Heathorn for the invitation! - Sam Hughes attended a CII webinar on 'The Power of Listening.' He enjoyed the webinar and said it was insightful. He also submitted his M81 coursework - the first step towards his Dip CII! Well done Sam! 👏 🚗 Recent Events: - Last weekend Marcus Crisp hosted an event at the Shere Hill Climb for Crisp Specialist Risks Limited, alongside C R Toogood & Co Ltd Director, Peter Toogood where clients and friends attended. See pictures attached for some impressive vehicles. It was a brilliant day catching up with some notable clients and we look forward to proceeding with next years even bigger plans! A big thank you to everyone who attended! 👨💻 Leave a comment if you have enjoyed this week's roundup! Also, don't forget to stay connected and follow us on Instagram @toogoods_insurance where we have been posting lots of new content. Have a lovely weekend and see you next week for another roundup! 👋