New business start ups
- Identify your unique risks
Every business has its own set of risks. Take a moment to think about what could potentially impact your operations. Are you dealing with physical products that could cause harm? Do you offer professional advice or maybe you store sensitive customer data? Pinpointing these risks helps in choosing the right coverage.
- Employers & General Liability Insurance
This covers any claims that are related to employees, third-party injuries or property damage resulting from your business activities.
- Professional Liability Insurance
Also known as errors and omissions insurance, it protects against claims of negligence or mistakes in the services you provide.
- Commercial Property Insurance
This safeguards your business assets, for example your tools, equipment, stock and computers against damages from events such as fire or theft.
- Cyber Liability Insurance
In today’s digital age, this covers losses from data breaches, cyberattacks, and other online threats, including the costs of investigation.
- Employers & General Liability Insurance
- Know what’s legally required
Certain insurances are mandatory. For instance, Employers Liability or Motor Insurance. Make sure you’re up-to-date and to stay compliant.
- Minimise your risk
Do what you can to reduce the chance of a claim. Look at your business and think about what can go wrong. Think about security, health and safety but also what action you would take if something did happen so you can minimise the impact to your business. Remember insurance is there to help you if things go wrong but it’s much better to act now so that you don’t have the disruption in the first place.
- Balance coverage with your budget:We understand budgets are tight when you’re starting out. Whilst it’s tempting to go for the cheapest option, it’s essential to ensure you’re adequately covered. Sometimes, packaged policies can save money. For example, a Business Owner’s Package Policy combines general liability and property insurance at a more affordable rate.
- Partner with someone who gets you
Insurance shouldn’t be a one-size-fits-all deal. You deserve a broker who listens to your story and understands your unique needs.
With 30+ years in insurance, I believe in building authentic relationships and will invest the time to fully understand your vision. I offer clear, honest advice and will stand by you every step of your journey, especially if a claim arises. Think of us as part of your team of advisors, always ready to help.
Starting a business is no small feat but with the right protection, you can focus on what you do best, growing and thriving. Let’s chat about how we can support your journey and keep your dream safeguarded every step of the way.