For many UK businesses, the risk of litigation is potentially greater with every passing year. It’s increasingly difficult for you to even keep up with all of the new legislation and regulations that apply to your business. In recent years, as your business’s risks and obligations have increased, new types of liability insurance have emerged to help you manage your risks.
What Liability cover do I need?
That depends on the nature of your business. If you employ staff – other than immediate family – then Employers’ Liability Insurance is a legal requirement. Most businesses also have Public Liability Insurance, and if you give advice to customers, you might also consider Professional Indemnity Insurance.
Other covers you may want to consider are Directors & Officers Liability Insurance, Cyber Liability Insurance and Employment Practices Liability Insurance. These three covers are increasingly popular as claims and litigation become more frequent.
What happens if I need to make a claim?
Liability claims can be some of the most complex claims that we handle. Because any claim involves the potential for litigation – from a customer or employee for example – it’s important to get professional support. Responding to the claim without this support could complicate matters even further.
Thanks to our in-house claims team, we work with you to help you achieve settlement of your claim as promptly and as fully as we can. Although claims can be complex, we help you every step of the way and have experience of dealing with a vast range of liability claims.
To obtain a quotation please click HERE.