Business has evolved over the last few years, with more and more investment being pushed into the digital and the technology sector.
This has resulted in huge growth in the numbers of small businesses and support networks that are now operating in this field.
There are clearly many things to think about when you are running a digital or tech business and often one of the last things to think about is the insurance protection that should be in place.
However, this is such a crucial tool in the risk management arsenal that it should be pushed further forward in people's minds.
Without really robust and appropriate insurance, you could see your business fall at the first hurdle and that is why we work with market leaders to produce a set of insurance covers that will help protect you.
Our policy is not set in stone, it is flexible and can be modest or large in its scope, all dependant on who the customer is and what they are doing. We will take time to understand your needs based on the activities that you do, so what you pay for in your insurance portfolio is exactly what you need in place to protect you.
We offer all the traditional type covers, such as physical property and contents cover, we offer business interruption and legal liability covers, but where we excel is in the delivery of our Professional Risks Insurances.
Our Professional Risks section can include:
breach of any contract between you and your client, including reasonable compensatory payments, where the claim is brought by your client;
infringement of intellectual property rights like copyright or trademark;
negligence or breach of duty: if you fail in a duty of care to your client, perhaps giving incorrect advice or making a mistake in your work;
defamation: libel and slander;
work undertaken on your behalf by sub-contractors or outsourcers. However, we reserve the right to recover losses from your sub-contractors or outsourcers;
dishonesty of your employees, sub-contractors, and outsourcers;
any other civil liability: this means that if a claim or loss occurs because of your business activities and we haven’t specifically excluded it and it’s not a criminal prosecution, it’s covered;
network security and personal data events, including the transmission of a computer virus, denial of service attacks and unauthorized use or disclosure of personal or confidential corporate data.
We offer 0% interest-free instalments as a means of paying your premium and this is spread out over 12 months making it more manageable, particularly useful for new start-up companies.
We can then look to build on some Cyber and Data cover that will help protect you from Malicious cyber-attacks on work computers and data breaches, which are becoming more and more frequent.
Once you have that suite of covers in place, you are looking at a much more protected business and one that can respond in the event of the worst happening.
If you would like to find out more or if you would like a quote from us, then please do get in touch - we would love to hear from you.
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