We’re living in increasingly litigious times. Your business faces unpredictable threats and risks on a daily basis. A liability insurance claim against your business could be huge and could lead to damages of millions of pounds being awarded against you. For most businesses this could lead to financial ruin but is easily avoided by arranging the appropriate business liability insurance cover.
Public Liability Insurance covers your legal liability to pay damages to members of the public for death, bodily injury or damage to their property, which occurs as a result of business activities. Public liability insurance cover can also be extended to include claims arising out of defective products or design, often referred to as product liability insurance.
Employers Liability Insurance protects you and your business against any liability arising from injury or illness sustained by employees whilst they’re working for you. Employers Liability Insurance also enables employees injured as a result of an employer's negligence to seek compensation, even if the business goes into liquidation or receivership.
Professional Indemnity Insurance has historically been the domain of businesses like architects, solicitors, surveyors, accountants and financial advisers. However, in recent year’s new professions such as e-commerce, programmers and internet service providers have found that Professional Indemnity Insurance is an essential part any business risk management strategy.