You will no doubt be wondering whether your Business Interruption insurance protects you against a loss of income due to the coronavirus pandemic.

Business Interruption usually provides cover only for a specific number of notifiable diseases, as detailed in the policy wording, which has been the situation since the SARS outbreak in 2003. These policies therefore exclude business interruption due to new and emerging diseases.

There are some few exceptions, but the current COVID-19 outbreak is not covered under a significant majority of business interruption policies and we regret to advise you that it is unlikely that you will be covered.

Do however discuss this further with your usual PSP contact and they will be able to provide you with a definitive answer.

Please do all that you can to stay safe.

 

 

PSP Group Newquay wish their Private Clients manager, a very happy and adventurous retirement.

Anne has worked for the group for 17 years as a loyal and committed member of the team, most recently managing the group private clients team. The Newquay directors, took her and the rest of the team out for drinks before she was whisked away for the weekend by her husband.

 

The Saltash team have chosen this year to sponsor local charity Jeramiah’s Journey by joining their Follow the Bear initiative to get more local businesses and the community aware of the amazing work they do with children and young people who are going through a bereavement.

They have also joined other local businesses, in supporting Dartmoor Zoo by sponsoring their new Otter Family.

 

 

 

Following two further recent acquisitions the PSP Group will end 2019 entering the UK Listings of the Top 100 Independent Brokers, and posting a Gross Written Premium income in excess of £20m. We are very proud of this landmark achievement as we seek to grow the Business organically and through future acquisition opportunities.

The PSP Group Branches are well placed to service existing and new customers, and with 8 locations across the South West Region our experienced Teams are ready to meet the challenges of 2020 and beyond.

Terry Parkins
Chairman

The Saltash office of PSP Group are pleased to be sponsoring Tommy Farrell as he takes on the 2019 season of BriSCA F2 Stock car racing.

Recent success saw him race in the UK Open at the Skegness, where he qualified 11th out of 85 racers.

He is currently ranked 47th  out of 227 racers in the national rankings.

 

 

 

PSP Saltash are pleased to sponsor Charlie Lomas for his first Go Karting series. We wish him lots of luck and success.

You can follow his progress and see him in action at his Facebook page Charlie Lomas Karting #41

     

Over the next 12 months a number of our PSP colleagues will be taking on extraordinary personal challenges for charity.

First up (and down) is Saltash Account Executive, Will Bailey who is taking part in a sky dive on 30 March to raise money for local hospice St Luke’s.

He will be followed by Newquay Director Martin Geen, who will be running the London Marathon on 28 April in aid of Children with Cancer UK

Later in the year on 31 August, it is the turn of our Health Insurance Adviser, Sarah Gillies, who is taking on the challenge of trekking a marathon through Salisbury taking in the sites of Old Sarum and Stonehenge for Alzheimer’s Society.

Then Jane Tutte – private clients account handler in Newquay will be once again walking 100km. This time along the Normandy Beaches between 2 and 6 October for The Soldiers Charity

We wish them all luck.

In addition to these one off events, other colleagues work  throughout the year volunteering time to help their local communities.

Britta Ohlsen, Commercial Account Handler at our Bridgwater office, volunteers time for Mind in Somerset.

Whilst Sophia Hennequin, Account Handler at Torquay is a Dementia Friend providing support for families, who have a member living with dementia.

 

 

 

 

As the first cold snap of the season hits the UK you may need to start thinking about taking some steps to protect yourself and your property from the worse of the weather.

Whether it is how snow and freezing temperatures can affect your building or preparing to drive in wintery conditions.

Read our Winter Risk Management Bulletin for helpful hints and tips on staying safe throughout the season.

Preparing for Winter

The Torquay office of PSP Group are pleased to sponsor James Rowe, as part of the Devon County under 15 Cricket team.

In February 2019, the team will once again be heading out on tour to South Africa.

The club have been taking a team out to South Africa since 2002. This gives an opportunity for the squad to widen their cricket experience, playing competitive opponents in unfamiliar conditions.

The tour schedule takes in a variety of matches, including the opportunity to take part in a Day/Night Game.

As the tour sets off we will keep up to date with the squad and James’ progress and wish them well and every success.

 

Private clients account handler, Jane Tutte joined the challenge with charity ABF The Soldiers Charity, to walk 100km along the WW1 frontline from Arras in France to the Menin Gate in Ypres, Belgium.

Jane says ” I support a charity called ABF The Soldiers Charity. It was formerly known as ‘A Benevolent Fund’ which was set up in 1944 and is the National Charity of the British Army which supports soldiers, veterans and their immediate families, for life.

I was privileged to walk with some amazing people who raise a great deal of money for this charity but also, on this occasion, I walked with an ex soldier called Phillip ‘Barney’ Gillespie, an ambassador and benefactor of the charity.

Barney was a soldier in the Royal Irish Regiment and four months into his third tour in Afghanistan, whilst out on patrol, Barney stepped on an Improvised Explosive Device (IED). As a result of the explosion he lost his right leg. This didn’t stop Barney continuing with his life and has been helped along the way by the ABF The Soldiers Charity.

He also told me that he has been selected to compete in the Invictus Games for Team UK. A fantastic achievement.”

You can pick up his story at here – phillip-gillespie

Jane has already signed up for next years challenge for the charity a 100km walk along the Normandy Beaches.