C R Toogood & Co Ltd

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! 👋

Accidents happen, but being prepared makes all the difference. 🛑🚗💥 Make sure you are up to speed with the simple steps following an accident - protect yourself and others. Drive safe, stay covered. Contact us on 01483 285 363 for a quote and a member of our team will be happy to assist you in finding the correct coverage. #roadsafety #insurancematters #driveresponsibly #toogoods

Thanks for coming Bav Majithia! 🙌 We all had a great day at the Shere Hill Climb 2024, hosted by Marcus Crisp & Peter Toogood. Roll on 2025!

🌟 Friday Roundup: News of the week as we head into September! 🌟 💼 Industry Updates: - AI and Insurance Risks: The emergence of "Silent AI" risks was highlighted this week, referring to the potential for artificial intelligence-related risks that may be inadequately covered by traditional insurance policies. These risks, while increasingly relevant, often go unaddressed due to their implicit nature in existing coverage frameworks. - Insurance Technology and Market Trends: The use of AI in claims processing was highlighted this week, with insurers like Tokio Marine reportedly saving millions annually by implementing AI-driven solutions to improve customer experiences. 👨👨👧👦 Company News from the week: - Today we celebrated Danielle Cumper's baby shower as it will be her last day in the office for a while! We wish you the best of luck for the next few weeks DC and we can't wait to meet the new baby! 🤱🍼 - We also had Richard Fernandez ACII in this week, as he is back from his cruise! Great to see you Richard! 👋 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We have started to post some great content on how to have the correct cover in place, so don't miss out! We hope you all have a great weekend! See you next week! ✨

🌟 Friday Roundup: Let's catch up on this week's news! 🌟 🚨 Industry Update: Navigating the Evolving Insurance Landscape: As we approach the final quarter of 2024, the insurance industry continues to face rapid changes. Here are some key trends everyone should be keeping an eye on: - Digital Transformation: The rise of AI and automation is reshaping how we deliver services. Staying ahead of these trends will be crucial for maintaining a competitive edge. - Regulatory Changes: With increasing focus on data privacy and cyber security, new regulations are on the horizon. Brokers must ensure compliance with emerging standards like the GDPR and CCPA, which are now influencing policies worldwide. - Sustainability & ESG: Environmental, Social, and Governance (ESG) factors are becoming central to risk assessment. Insurers and brokers alike are adjusting their strategies to align with sustainable practices. 👨👨👧👦 Company News from the week: - This week we had a lovely visit from Ajit Chudasama Cert CII who came down to the office! Always great to see you AJ! - Sam Hughes had his monthly catch up with his Diploma coach and has been working hard, with his M81 exam coming up. - James Birch has completed his first month here at C R Toogood & Co Ltd, settling into the team and smashing through his learning. Well done James! 👏 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We have started to post some great content on how to have the correct cover in place, so don't miss out! We appreciate your feedback so drop a comment below and share your thoughts on this week's roundup! Please note that our office will be closed on Monday 26th August due to the bank holiday. We hope you all have a lovely bank holiday weekend! See you next week! 👋

Prioritizing the importance of employee well-being because healthy minds and bodies drive our success. 🌿✨ Contact us on 01483 285 363 if you require a quote and a member of our team will be happy to assist you in finding the correct cover. Also, don't forget to give us a follow us on Instagram, @toogoods_insurance, where we share more insurance tips and insights 📲 #employeewellness #worklifebalance #teamhealth #toogoods #insurance

Protect your business from the unexpected with Management Liability Insurance.🛡️💼 Safeguard your leaders and your company against claims that could impact your growth. Peace of mind is the best investment you can make! Contact us on 01483 285 363 for a quote and a member of our team will be happy to assist you in finding the correct coverage for you and your business. #businessprotection #security #insuranceessentials #toogoods

🌟 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 on the past two weeks. Here's what's been going on: 🔍 Industry Trends & Insights - Digital Transformation in Insurance: This week, we saw a significant shift towards AI and machine learning in underwriting processes. These technologies are not only improving efficiency but also enhancing risk assessment accuracy. - Cyber Insurance Demand continues to rise: With cyber threats on the rise, more businesses are seeking robust cyber insurance policies. This is an excellent opportunity to assess your cyber needs and ensure you have the right cover in place to safeguard and protect your digital assets. 📚 Educational updates: - Big congratulations to Esther Toogood for passing her IF1 Exam today! First step done, one step closer to the next exam! We look forward to seeing your continued success!🎉 - Additionally, Martin Robinson, Sam Hughes and Kevin Hope participated in a Chartered Insurance Institute webinar this week on Advanced Construction risk. We highly recommend the CII webinars as they continue to be extremely informative, concise and excellently presented. 🥂 Toogood's Summer Event: - Last Friday, the C R Toogood & Co Ltd team enjoyed their summer night out at Sandown Park Racecourse. We all had a great evening, some more than others due to their lucky bets! 🍀 Following the horse racing, we danced the night away to Pete Tong and his Ibiza classics. Unfortunately, we can't attach videos to LinkedIn to prove it! 🕺 🔗 Stay Connected: - Make sure to follow our Instagram page (@toogoods_insurance) for more updates, tips, and industry news. We have started to post some great content on how to have the correct cover in place, so don't miss out! 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 #CyberInsurance #Friday #Updates

👋 Good Morning C R Toogood & Co Ltd followers, You will have no doubt seen wide coverage of the IT outages affecting thousands of businesses worldwide, where a CrowdStrike update for the Falcon Sensor impacted Windows systems, causing a global outage, affecting airlines, banks, broadcasters, and other sectors. Whilst there is currently no indication that this is a cyber-attack, it does not mean that we will not see criminals using this as an opportunity. The following information has been brought to our attention by one of our esteemed cyber providers, Onda, who share their informative tips to protect yourself and business following the outage. Please find an information document attached with steps to ensure your online security following the widespread disruption and rise in phishing opportunities. We reiterate the importance of staying vigilant when evaluating any communication you receive regarding these issues in order to protect your business. If you have any questions or don’t currently have cyber cover in place, please do not hesitate to contact a member of our team on 01483 285 363 and we will be happy to assist you in finding the correct cover for your business. 👨💻 🔒 #toogoods #cyber #cyberinsurance #protectyourbusiness