“It’s not if, it’s when… cyber-crime is almost certain to affect your business, such is the onslaught of attacks from the dark web, says Oliver Wharmby.

Not a days goes by without cyber security being in the press in one way shape or form. Cyber and Cyber Crime claims are now making up more than 50 per cent of all claims in the insurance market and property professionals are by no means immune, yet the complacency around cyber liability insurance remains staggeringly high.”

(Oliver Wharmby - The Negotiator - February 2023)

“Insurance broker, MINT, has revealed how an alarming number of agents are at risk of having their licences revoked because of insufficient Professional Indemnity cover.

With an increasing number of agents exploring diversification opportunities and new revenue streams, Mint Insurance Brokers claims that many lack the correct level of Professional Indemnity (PI) cover, leaving many agents exposed.”

(The Negotiator - June 2021)

“Don’t find out the hard way that your PI isn’t up to the job. Oliver Wharmby highlights the danger to agents and explains how to get it right.

Professional Indemnity Insurance (PI) is a compulsory requirement for any estate and letting agent. It provides valuable cover for your business including defence costs and expenses, should you ever be faced with a claim for negligence or breach of duty.”

(Oliver Wharmby - The Negotiator - April 2021)

“The lettings industry is facing a ticking time bomb over fire risk in residential blocks, a new report has highlighted just a few days before the government’s post-Grenfell Fire Safety Bill becomes law.

Services giant JLA, which has drawn up the lengthy report into competency and attitudes to fire risk across several industries including property management, says it found that despite being seen as a reliable source of information for advice, 22.2% of estate agents and letting agents admitted to not knowing how to carry out a full fire risk assessment.

This figure is all the more shocking given the current national debate around safety in residential blocks following the Grenfell Tower tragedy..”

“The ever-evolving risks affecting the property industry are easily overlooked by a busy agent under pressure.

We know from previous experience that during an economic downturn claims frequency increases. With the introduction of new legislation and looming regulation of property agents (RoPA) the consumer will enjoy added protection and therefore more rights to pursue property professionals.”

(Oliver Wharmby - The Negotiator - March 2021)

“Over the last year and a half, there has been a surge in claims due to tenants’ deposits not being lodged on time

Insurance claims against property agents are surging, according to Mint Insurance Brokers’s latest report.

The broker’s report, Professional Risk Associated with Property Professionals, emphasised that over the last few years there has been “some of the most challenging trading conditions for UK property professionals”..” - Insurance Times (Feb 2021)

“There has been a notable increase in the number of insurance claims made against agents, with some complainants being regular users of ‘no win, no fee’ law firms, according to a new report.

Mint Insurance Brokers, which specialises in servicing the insurance needs of property professionals, reports that the number of claims made against agents has increased owed in part to the economic downturn caused by the coronavirus pandemic.” - Property Industry Eye (Feb 2021)