Business Insurance
Build business insurance quotes with get indemnity™ to ensure you purchase the most appropriate protection
Get indemnity™ business insurance
What types of business insurance do you need?
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.
What is business insurance?
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.
Get indemnity™ business insurance
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.
What business insurance do you need?
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.
Why you should compare business insurance quotes?
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.
What business insurance do we require under UK law?
Employers liability insurance
Professional indemnity insurance
Business fleet insurance
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?
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.
Business insurance definitions
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.
Types of business insurance and how they can offer protection
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What would happen if..
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Business Insurance:
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What the cover does:
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A customer requests financial compensation for a mistake in the offering of a professional service. |
Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement. |
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The business is faced with insolvency and creditors pursue legal action against the directors. |
Protects insured persons against legal costs incurred in defending the allegation; and damages from any award or settlement. |
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The Crown prosecutes your business for corporate manslaughter as a result of management failures. |
Protects your business against legal costs incurred in defending the allegation. |
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A customer claims for compensation after slipping on a wet floor at your business premises and causing a serious injury. |
Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement. |
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An employee claims for compensation after falling at work and causing serious injury. |
Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement. |
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An employee claims for damages arising from unfair dismissal and workplace harassment. |
Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement. |
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You discover a trusted employee has been stealing hundreds of thousands of pounds over the last several years. |
Protects your business against financial loss from the theft of property, money or securities by an employee. |
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A fraudster pretending to be a supplier reports their bank details have changed and payment is sent to the wrong account. |
Protects your business against financial loss from the theft of property, money or securities as a result of social engineering. |
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A hacker breaches your business’s electronic security and steals personal information. |
Protects your business against financial loss arising from security and privacy breaches. Can include first and third-party losses. |
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A product that your business manufactures or sells causes injury to a customer and they claim for financial compensation. |
Protects your business against legal costs incurred in defending the allegation; and damages from any award or settlement. |
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Your business premises, machinery and stock were destroyed as a result of an insurable event? (i.e. fire, flood or storm). |
Protects your buildings and contents (including options for stock and computer equipment) against loss or damage from a range of insured perils. |
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Your business was unable to trade as a result of an insured peril. |
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). |
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A group of retirees bring an action against the business and its trustees for a breach of fiduciary duty. |
Protects your business, pension plan and trustees against exposures resulting from the management of the pension plan. |
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A tenant causes damage to your property's fixtures and fittings. |
Protects your buildings and contents against loss or damage from a range of insured perils. |
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There is a fire at your construction site and works you have completed have been destroyed. |
Protects the work in progress on a construction site in the event damage occurs as a result of an insured peril. |
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A vehicle accident occurs with one of your drivers at fault. |
Protects from an accident causing damage or injury. Comprehensive cover will provide for damage to your car, van or haulage vehicle. |
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One of your employees becomes sick and is unable to work. |
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:
Leading 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?
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.
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.