All businesses are exposed to liabilities just by simply being in
existence. As society is becoming more litigious, the need for protecting
your business on all sides becomes ever more important.
Equipment Finance and Leasing is able to arrange cover which will
protect your business against legal liability to employees, customers
and the general public for injury and damage to property caused by
your negligence. Other covers available include Products Liability,
Product Guarantee and Financial Loss Liability.
The Credit Insurance risk from bad debts/insolvency is always on
our minds whenever we trade, so the option of taking out insurance
to protect your business from this exposure should be something which
should be seriously considered. Our insurance partner, being part
of the Willis Commercial Network is able to provide you with the
expertise needed in order to reduce your overall risk and protect
your business against those customers from whom you feel could leave
you in a bad debt situation.
The Motor Fleet Insurance market is constantly changing as Personal
injury claims continue to soar, and thus continues to have a detrimental
effect on premiums.
Our insurance partner recognises that assistance is needed and provide
our clients with something practical in addition to placing with
you a quality Fleet Insurer. Motor Insurance claims are not always
something you can prevent, our partner has developed assistance for
Fleet Managers within your business to help reduce the likelihood
of an accident or claim occurring, by way of our Fleet Risk Management
Programme. This programme includes practical steps and measures to
help you achieve your goal of reducing future Fleet insurance premiums.
Directors and Officer’s Liability
The Directors, Officers and Corporate Managers of a company can be
personally liable for the decisions they make. Furthermore, this
liability is unlimited and individuals cannot 'hide behind' the corporate
body that employs them. Claims against individuals come from an ever
widening source including:
· Health & Safety Executive
· Environmental groups
· Regulatory bodies
· Customers and suppliers
D & O cover offers extensive personal and corporate protection
from the financial consequences of errors and acts of omission made
in the course of their past, current and future business activities.
Digital Risks Insurance
Like nearly every business you have probably made a significant investment in
technology, perhaps by establishing your own company Web site or Email system.
But did you realise that these sorts of tools can expose you to new types of
risks that could devastate your entire company? Worse, the chances are your existing
insurance cover will not protect you against any claims since it was never designed
to take into account these types of exposures.
If you have a company Email system that is used by your employees and/or a company
Web site that is used to promote your products to the outside world, then you
are at risk from a host of third party liability claims against you - from defamation
through infringement of the Data Protection Act.
Disturbingly, your company is liable for every Email or Instant Message your
employees send, whether or not they are work-related?
The policy also offers Web site content liability (a broad definition that includes
slander, defamation, product disparagement and libel, and invasion or infringement
of privacy) which covers any defence costs, damages or expenses associated with
defending a suit brought by a third party.We can help dispel the myths of technology
risks and help you find out exactly where your company is exposed.
From there, we can help you decide the best action to take in order to protect
your business and your investment.