All businesses face risks, whether classified as strategic, operational, financial or otherwise.
Although there are many aspects to risk, one form of cover that deserves closer attention than it is usually afforded, is Business Interruption insurance. As a valued risk adviser to our clients, we are keen to carefully review the significant benefits provided by a Business Interruption insurance that reflects a specific client’s needs. Vital to this review is a better understanding of a number of key factors, some of which are:
Emerging risks, like Cyber and Environmental Liability, should be carefully considered, as well as the more familiar, though nevertheless often misunderstood covers like Public/Products and Employers’ Liability. Whilst the latter is a statutory requirement in the UK, Public/Products Liability insurance should be carefully considered and it is vital to ensure:
What does your business need to protect?
Talk to us today for independent advice and recommendations relevant to your requirements by either completing our enquiry form or alternatively email us and a member of our team will respond directly.
Whether you report a claim directly to your insurer or through a broker, early notification after an accident has occurred is essential. The sooner the insurer is notified, the quicker they are able to assist with a claim.
It can take a while for business operations to be fully up and running again if you’ve been caught out by a flood. Before you rush into a clean-up job, take note of these do’s and don’ts so you don’t risk your own health on top of your business.