As this month many businesses across the UK are re-opening their doors for the first time in months, here at JRW Risk Solutions we thought it would be useful to highlight the importance of having your business insurance in place.
If you are beginning to schedule your calendar again for the months ahead, then don’t forget to highlight the date for when your company’s business insurance renewals are due. Preparing in advance for up to 1 – 2 months prior to the renewal date could save your company money and with costs of running a business never being so crucial, the possibility of an even better, improved insurance protection plan is essential.
Here at JRW Risk Solutions we offer business commercial insurance to suit each company’s individual needs and priorities. Through a confidential review of your business and one to one discussions, we gain a clear understanding to determine exactly how your company operates, so that we may provide the best protection programme available.
JRW Risk Solutions can offer business insurance policies to include the following:
- Buildings Insurance cover
- Business Interruption cover
- Public Liability Insurance
- Products Liability Insurance
- Professional Indemnity Insurance
- Director and Liability Insurance
- Machinery, Contents and Portable Equipment Insurance
- Employers Liability Insurance
- Fleet / Car and Van Insurance
- Cyber Liability Insurance
We work with various Insurers and Lloyds of London insurance markets, and we will contact your company well in-advance of a renewal date to undertake a review of the business insurance requirements and to offer the best possible renewal quotations, where possible.
When should you notify your insurer of changes to your business:
There are many reasons why you should notify your current insurer of any changes to your business. Not doing so could affect your business insurance and even void the current policy. It is worth making an annual evaluation of your company to review what has changed during last year, so that you are sure that everything is up to date. Changes may include:
- Moving premises and empty premises
- Changes to your business activities
- Increases / reductions in staff levels
- Changes to countries and customers you supply
- Investment / reductions in machinery and equipment
If your business insurance is due for renewal and you would like to chat through the options including obtaining alternative quotations, then please contact us at JRW Risk Solutions or send us a message, by contacting us at https://jrwrisksolutions.co.uk/contact-us/
Alternatively you can find out more on UK business insurance on the .gov.uk website – https://companieshouse.blog.gov.uk/2019/04/30/what-insurance-does-a-small-business-need/