January 30, 2023

MONTPELLIER

Business/Industrial Goods and Services

Business Insurance Products business insurance

We are specialised in providing solutions for medium to large trades and services companies, operating locally and internationally. AIG’s global presence means we can offer programs tailored to specific customer needs anywhere in the world, together with logistical support and local market knowledge. Our CyberEdge product covers the obvious and less obvious risks facing businesses that deal with electronic information. A legal requirement for UK businesses, this will help protect you if an employee gets sick or injured while they’re working for you. We’ve teamed up with Simply Business1to offer you tailored quotes from their panel of leading business insurance providers like AXA, Churchill and Hiscox. Our Buildings and Contents Insurance protects your business’ premises, inside and out.

This includes the costs of repairing hardware and restoring data, compensating customers, and covering lost income when you’re offline. Equipment insurance covering the breakdown of your business appliances is essential for protecting your company against unforeseen expenses. From large machinery to your usually trusty photocopier or even a network server, problems with the running of these items can cost both time and money. business insurance typically protects the interests of a company or trading entity. However, sometimes a personal version – known as management liability cover – becomes relevant to protect leaders from personal risk. Such people might include the directors of small businesses and non-profit trustees.

Taking out personal accident cover will help to protect your business financially if you or a member of your team suffers an accidental injury leaving them unable to work. Insurance is an important consideration for any UK-based small business, whether you run a busy consultancy firm, local architect office or hair and beauty salon. Buying the right policy allows you to focus on what you do best, while we look after your everyday risks. Get a quote tailored to your workplace needs in minutes with Hiscox. Business insurance can also offer credibility to your business, demonstrating to prospective customers and potential employees that you are trustworthy to do business with. If you hold sensitive customer data, process payments online or just want peace of mind, Cyber cover should be considered.

Corporate Insurance With our Commercial Select insurance policy, you can protect yourself, your employees, and your business assets. Our policy includes cover suited to a variety of businesses – from food and drink manufacturing to wholesale, to retail, hospitality and property. Product liability insurance can protect your business if a customer makes a claim against a faulty product you’ve made. For example, if you’re a manufacturer and a customer makes a claim after purchasing a product from you that doesn’t work properly. Covers the time and money needed to put your business back together following a cyber-attack.

Protecting Small Businesses’ Big Dreams

Though it’s not a requirement to have business insurance when working from home, there are some different types of insurance that it might be worth considering. Whether you run a small business, a large multinational company or are self-employed, business insurance can help to protect you and your company against unexpected costs. This covers work that is in progress that is damaged by an insured event, such as a fire, flood, vandalism or theft. If there is an insured event such as flood or fire at your work premises, buildings insurance will cover the costs of repairing the damage, helping you get back up and running. Add any of the following cover options to your Small Business policy and create commercial insurance that fits your business needs.

  • An online quote for Hiscox business insurance can be saved for later – you’ll just need to create an account and log in to retrieve it.
  • Personal accident cover provides payment if anyone in your business between the ages is unable to work because they’ve been injured in an accident, whether in a business or personal capacity.
  • Pays the legal costs of providing specialist lawyers and taking action against many common legal problems, for instance disputes with suppliers or clients.
  • With Hiscox, medical malpractice cover is available as part of combinedprofessional, treatment and public liability insurance.
  • To help you replace your essential tools or equipment quickly, if they’re stolen or damaged, so you can get back to work.

Public liability insurance protects you and your business if someone claims their property has been damaged, they were injured or fell ill because of you or one of your employees. Whatever you do for a living, accidents can happen, and they’re not always directly related to the job. If a customer, courier or passer-by makes a claim, a public liability insurance policy covers any legal and compensation costs. Some types of business insurance, such as employers’ liability cover, might be required for most companies under UK law.

Business Articles And Guides

Even if you don’t own the property you run your business from, we cover most damages to furnishings, right down to fixtures and fittings. Employers’ Liability Insurance If you have employees ‐ unless they’re related to you ‐ it’s a legal requirement to have this cover in place. Public liability is one of Aviva’s core covers you’ll need to buy in order to access our other flexible cover options. Tell us about your business – we’ll build your business insurance quote and help you explore any other insurance needs. No matter the size of your company, business contents insurance is useful. It protects all the vital instruments you require for the day-to-day operation of your business.

Risk Management News

Easy to review and purchase, reasonable costs, and they answered the phone quickly when i had an issue. Unlock cash tied up in outstanding invoices to improve your cashflow, help you to seize new opportunities and run your business more efficiently – provided by our partner MarketFinance. Tools, Stock and Business Equipment Insurance If you work from home and don’t own or rent business premises. The prospect of losing income is daunting for any business owner, especially if this happens due to events outside of your control. Personal accident insurance is designed to minimise the impact of a core employee who can’t come to work for over two weeks, or longer. Read our guide to understanding insurance terms to stay in-the-know.