Startup Business Insurance

An essential part of putting together your new business plan is to identify the insurance that you will require. This process consists basically of two elements.

1. Identifying the risks that could affect your business and making a decision on transferring those risks to an insurance company.
2. Identifying any insurances that may be a legal requirement for the business.

The risks facing your business can be broken down into straightforward classes for consideration.

• Property Damage and the effects of loss or destruction of physical assets of the business and the consequential loss arising from the loss of the assets. Fire, theft, vandalism etc.
• Liability and the legal responsibility upon the business with regards to injury to members of the public and employees, and any liability arising out of work undertaken whether this be the physical production of a product, a service rendered or professional advice given.

Having identified the risks for which you wish to ensure, and an insurance professional such as a broker can assist you in this, you are then able to assess the annual cost of the insurance to the business.

Blackfriars offers a complete range of business insurance services which are all based on our desire to offer a comprehensive insurance solution at highly competitive premiums.

All our services are available from this web site and we would be delighted to speak to you to discuss your requirements.

You can now access our full product range from the menus to the left, call us directly on 0845 458 3790 or complete the form below to arrange contact from us.

We look forward to hearing from you and Good Luck!

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