Code Red to Code Ready: the cybersecurity sector in focus
Given the recent cyberattacks, we dive into the UK cybersecurity space and how best to protect yourself and your business from cyberthreats.
Insurance
We have specialists and teams across the firm that have many years of experience working with insurance companies and can offer you an extensive range of financial, tax, and strategic services that are tailored precisely to your needs.
In-depth experience of your industry
An established and accepted industry that is engrained into our everyday lives, the insurance industry in the UK is expected to retain stable growth providing there are no external forces that threaten its stability.
Prior to the pandemic, product innovation in this industry was relatively superficial, however looking forward, insurance companies should be re-evaluating their business models and cost structures in preparation of:
- operational processes becoming increasingly automated and streamlined
- an accelerated adoption of technologies and new ways of working meaning some models may change to be less labour intensive
- alleviating some of the pressures of climate change by investing in projects that have an environmental benefit
Despite preparing for circumstances that can be somewhat predicted, insurance firms will also be facing challenges as a result of environmental changes. With climate change becoming increasingly unpredictable, there may be a rise in pay-outs related to droughts and floods.
Meeting your unique needs
We are helping our clients understand that by combining great accounting and finance with insight-driven strategy and advice they can build more resilient, sustainable, and valuable companies in the insurance space.
We can support you with all the tools you need to succeed whilst allowing you more head-space to grow your company including:
- objective and practical audit and assurance services
- ESG reporting
- insight-led strategies from teams with a significant depth of cross-sector knowledge
- owner-managers wanting to sell their business
- financial forecasting
- accurate and efficient annual accounts and tax returns
- VAT guidance
- outsourcing services – from bookkeeping and payroll to a fully outsourced finance function
- adaptable and tailored support regarding employment and pensions
We can help
Contact us today to find out more about how we can help you
Read our insights here
Who pays, when to pay and how to pay Inheritance Tax
When someone dies, their estate may become liable to pay Inheritance Tax (IHT). In this blog, we explain the main payment options, what to do if funds aren’t readily available, and how upcoming proposed changes to the rules could help some families alleviate the amount of IHT due.
Understanding image rights in the sports industry
In today’s sports industry, athletes are more than just competitors—they’re powerful global brands. Learn how image rights help them protect and monetise their name, image, voice, and other personal attributes in a world driven by endorsements and media exposure.
Cosmetic procedure or medical care?
Understand the critical VAT distinctions between cosmetic treatments and medical care, and how misclassification can lead to significant financial consequences with HMRC.