News

Insurance Premium Tax

The Government has announced that it would be increasing the standard rate of Insurance Premium Tax (IPT) from 10% to 12% with effect from the 1st of June 2017 for all new business and renewals.

Please take this into consideration when carrying out your renewal review and calculating budgets for the forthcoming year.

New Business and Renewals:

All new business and renewals with a term start date on or after the 1st of June 2017 will be charged at 12% Insurance Premium Tax.

Mid Term Adjustments on policies incepted or renewed before the 1st of June 2017:

Additional premiums processed up to and including the 31st of May 2018 will be subject to the 10% Insurance Premium Tax.

If you require and further information please do not hesitate to contact your Regional Account Manager or call us on 0141 242 4861.

More News

Insurance Premium Tax

The Government has announced that it would be increasing the standard rate of Insurance Premium Tax (IPT) from 10% to 12% with effect from the 1st of June 2017 for all new business and renewals.

Notice to Policyholders - Water Meters

As a reminder to our policyholders, due to winter approaching we would like to draw your attention to the necessity of keeping weekly written records of meter readings from your supply authority.

Another lucky Hole in One Prizewinner.

Congratulations to the lucky member of Renfrew Golf Club, who in achieving a Hole in One at the club's nominated hole, recently walked away with a fantastic golf package at The Forest of Arden Hotel & Country Club.

Insurance Premium Tax

The Government have announced that it would be increasing the standard rate of Insurance Premium Tax (IPT) from 9.5% to 10% with effect from the 1st of October 2016 for all new business and renewals.

Hole in One prizewinner drives off in a new car

It's not every day that you walk away from a round of golf with a new car, but that's exactly what happened to Tom Ludwell at Pontefract and District Golf Club.

Slips and Trips

When it comes to slips and trips winter can throw up numerous considerations. Golf clubs in the eyes of the law will owe duties of care as both employers and occupiers. Those who fall under the umbrella of being owed a duty of care will include employees, contractors, visitors, invitees and in some cases trespassers. At Zurich, slip and trip incidents account for 21% of all liability claims they handle. Injuries can result in anything from minor cuts and bruising to sprains, fractures and in some unfortunate cases fatalities. How do you protect the golf club and what can be done to reduce your liability exposure?