Business Insurance

Build business insurance quotes with get indemnity™ to ensure you purchase the most appropriate protection

Get indemnity™ business insurance

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Compare business insurance quotes with a digital broker to save money.
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There remains an abundance of insurers willing to compete to underwrite your insurance.
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Quotes for business insurance can cost as little as £220 per year from the wholesale market.
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Complete our digital on-boarding process and we can identify a range of insurance solutions.

What types of business insurance do you need?

When companies are faced with risks that can potentially cause financial harm but the chance of occurring is low, business insurance provides an effective means to spread the cost and reduce the financial impact. 

Below we explain what business insurances are available and how they can protect your business from financial hardship. As a business insurance broker, we have the knowledge and expertise to guide your decision making.

At get indemnity™ business insurance quotes can start at £220 per annum or £18.33 per month. Please click here to book a call back at a convenient time or complete our digital onboarding process.


    What is business insurance?

    Business insurance, otherwise known as company insurance, provides a contractual obligation from the insurer to provide recompense to the business in the event of a specific set of circumstances.

    Business insurance means companies can better manage risks from unforeseen events. Typically this will include third-party claims for liability (i.e. public liability insurance or physical damage to property.

    Compare business insurance quotes with get indemnity™ from the wholesale market by completing our online application or by speaking to one of our Account Executives on 0345 625 0711.


    Get indemnity™ business insurance

    At get indemnity we offer a digital platform to collect information concerning your company. This allows us to identify the most cost effective business insurance policies from highly rated insurers to meet your individual requirements.

    As a UK & London insurance broker we have access to range of UK insurers with the capacity to provide flexible and tailored business insurance solutions. We pride ourselves in being able to identify solutions for challanging situations.

     

    Compare business insurance quotes with get indemnity™

    Get business insurance quotes from the wholesale insurance market by completing our digital on-boarding process.


    What business insurance do you need?

    Identifying the right business insurance can seem like a difficult task. However, it's worth spending time to assess your situation and consider what protections (i.e. directors and officers insurance) can assist if something unexpected occurs.

    Business insurance is one of the most effective ways to manage unexpected costs. However, the decisions you make concerning your business coverage will very much depend upon your individual circumstances.

    To ensure your business is adequately protected, we are more than happy to undertake a review of your existing business insurance before we seek to identify alternative options to meet your requirements.


    Why you should compare business insurance quotes?

    There remains an abundance of insurers willing to compete to underwrite your business insurance. In what is commonly referred to as a ‘soft market’, the customer has greater choice and negotiating power because supply outweighs demand.

    At get indemnity our customers can consider a range of insurance options designed to meet their individual requirements. As a digital insurance broker, we maintain the knowledge and expertise to identify a range of business insurance solutions to meet your needs.

    Potential cost savings can be achieved by comparing your existing renewal terms against quotes from the wholesale market. To obtain your tailored business insurance quotes, please complete our online application.


    What business insurance do we require under UK law?

    When considering what business insurance you need, there are a few compulsory business insurance covers required under UK law:

     

    Employers liability insurance

    Employers liability insurance which must be purchased as soon as you become an employer, with a minimum of £5 million Limit (however £10 million is more commonly offered) from an authorised insurer.

     

    Professional indemnity insurance

    Professional Indemnity insurance must be purchased if you operate within a regulated industry, such as financial services that requires minimum amounts of business insurance.

     

    Business fleet insurance

    Business fleet insurance or vehicle insurance must be purchased if you drive your car, van or haulage vehicle on UK roads. With third party insurance a legal minimum if you have an accident causing damage or injury.

     

    At get indemnity™ we can assist you in identifying which business insurance covers you should consider purchasing. Liability principles such as ‘duty to defend’, ‘indemnification’ and ‘long-tail liability’ are discussed within our business liability insurance page.


    Is our business currently underinsured?

    Does your business insurance provide sufficient protection in the event of a claim? A thematic review by the Financial Conduct Authority in 2015 revealed 40% of SMEs could be underinsured, leaving themselves exposed to a significant financial shortfall.

    If a business insurance claim exceeds the maximum amount payable under your policy, or you don’t have adequate protection that meets your needs in the event of a financial loss, you are deemed to be underinsured.

    Customers who undervalue their small business insurance in a calculated way to reduce their premium, might be surprised at how little they ‘save’ and how costly a loss could impact their company.


    Business insurance definitions

    Business insurance definitions, exclusions and insuring clauses will vary from product to product. Therefore it is valuable to discuss your requirements with a specialist insurance broker to ensure the solutions meet your needs.

    Below we provide an insight into purchasing insurance for business and offer general advice to UK companies. Your business activities, size and risk appetite are just some of the factors that will indicate what business insurance best meets your needs.

    Business insurance from get indemnity™ includes a range of covers designed to offer companies protection against financial losses in the event of an unforeseen event. Also known as commercial insurance or company insurance.


    Types of business insurance and how they can offer protection

     
    What would happen if..
     
     
    Business Insurance:
     
     
    What the cover does:
     

    A customer requests financial compensation for a mistake in the offering of a professional service.

    > Professional Indemnity

    Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement.

    The business is faced with insolvency and creditors pursue legal action against the directors.

    > D&O Insurance

    > Management Liability

    Protects insured persons against legal costs incurred in defending the allegation; and damages from any award or settlement.

    The Crown prosecutes your business for corporate manslaughter as a result of management failures.

    > Corporate Legal

    Protects your business against legal costs incurred in defending the allegation.

    A customer claims for compensation after slipping on a wet floor at your business premises and causing a serious injury.

    > Public Liability Insurance

    Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement.

    An employee claims for compensation after falling at work and causing serious injury.

    > Employers Liability

    Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement.

    An employee claims for damages arising from unfair dismissal and workplace harassment.

    > EPL Insurance

    Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement.

    You discover a trusted employee has been stealing hundreds of thousands of pounds over the last several years.

    > Crime Insurance

    Protects your business against financial loss from the theft of property, money or securities by an employee.

    A fraudster pretending to be a supplier reports their bank details have changed and payment is sent to the wrong account.

    > Social Engineering Fraud

    Protects your business against financial loss from the theft of property, money or securities as a result of social engineering.

    A hacker breaches your business’s electronic security and steals personal information.

    > Cyber Insurance

    Protects your business against financial loss arising from security and privacy breaches. Can include first and third-party losses.

    A product that your business manufactures or sells causes injury to a customer and they claim for financial compensation.

    > Product Liability

    Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement.

    Your business premises, machinery and stock were destroyed as a result of an insurable event? (i.e. fire, flood or storm).

    > Property Damage

    Protects your buildings and contents (including options for stock and computer equipment) against loss or damage from a range of insured perils.

    Your business was unable to trade as a result of an insured peril.

    > Business Interruption

    Protects against the loss of income from being unable to trade as a result of the insured peril (i.e. property damage from a firm, flood or storm).

    A group of retirees bring an action against the business and its trustees for a breach of fiduciary duty.

    > Pension Trustee Liability

    Protects your business, pension plan and trustees against exposures resulting from the management of the pension plan.

    A tenant causes damage to your property's fixtures and fittings.

    > Property Owners Insurance

    Protects your buildings and contents against loss or damage from a range of insured perils.

    There is a fire at your construction site and works you have completed have been destroyed.

    > Contractors All Risk

    Protects the work in progress on a construction site in the event damage occurs as a result of an insured peril.

    A vehicle accident occurs with one of your drivers at fault.

    > Business Fleet Insurance

    Protects from an accident causing damage or injury. Comprehensive cover will provide for damage to your car, van or haulage vehicle.

    One of your employees becomes sick and is unable to work.

    > Business Health Insurance

    Protects the health of your employees if the unexpected occurs. Mixed levels of cover available according to budget and business requirements.

     

    Leading business insurance providers in the UK:

    As a business insurance broker, we at get indemnity™ work with a wide range of leading insurance underwriters to obtain the most favourable business protection for our clients.

    Leading business insurance providers include: Ageas, AIG, Allianz, AXA, Beazley, Chubb, CNA Hardy, Covea, Focus, Folgate, Hiscox, NIG, Markel, Tokio Marine, and QBE.

     
    Best business insurance providers include: Ageas, AIG, Allianz, AXA, Beazley, Chubb, CNA Hardy, Covea, Focus, Folgate, Hiscox, NIG, Markel, Tokio Marine, and QBE.

    How to compare business insurance quotes from the market?

    Complete our digital onboarding process to compare business insurance quotes with get indemnity™. With access to numerous insurers across the UK, we can save money on your business insurance cost.

    As a digital insurance broker for business, we have the capacity to identify the most appropriate insurance to meet your needs. Note business insurance definitions and exclusions vary, therefore it is worth considering the terms with a specialist.

    We can typically provide business insurance quotes within 48 hours, however depending upon your business activities, obtaining quotes from the market to meet your needs may take longer.

     

    Simply compare business insurance quotes online


    This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.