Category

Small Business Insurance

This section provides helpful guides, advice and features around the different insurance types available for UK small businesses. In partnership with Hiscox, SmallBusiness is also offering you the chance to find insurance quotes for bespoke, flexible business protection, ideal for the startup entrepreneur or SME.

Key topics covered include: Business Insurance Types (such as public and employers’ liability insurance, tradesman insurance, key person insurance, business interruption and professional indemnity cover), How to Compare and Buy Insurance, Making Claims, and guides to picking the right cover for your category of business.

Make sure you understand risk and protect your business against losses and compensation claims. Find answers to your small business insurance questions by using the search facility top right or scroll through this category to match our case studies with your company’s needs.

Trade credit insurance hurting retailers

Retailers being refused trade credit insurance is leading to problems in the industry, especially for small to medium-sized businesses, the British Retail Consortium (BRC) warns.

Small Business Insurance

Small Business Insurance

‘Underinsurance leaves firms open to claims’

Many small businesses are underinsured - meaning that they could potentially face legal claims amounting to more than £3 billion, according to research.

Small Business Insurance

Can you afford to ignore flood risk?

Small businesses are more at risk from flooding than fire - and the effects can be 30 times as costly as burglary - yet many businesses still do not have any measures in place to protect their property or staff from flooding, says , the Environment Agency.

Small Business Insurance

Self-employed ‘need full life insurance’

The self-employed have a particular need for life insurance as "they are responsible for all their own benefits", say insurance experts.

Small Business Insurance

Dealing with business insurance claims

A study carried out recently indicated that the majority of businesses that suffered a major insurance claim, where production fell by more than 80 per cent, failed after a year, regardless of how good their insurance cover was. SmallBusiness.co.uk provides some points to help you if you need to make a claim.

Small Business Insurance

What is Professional Indemnity Insurance cover?

Professional indemnity insurance cover could protect your business from financially crippling and often reputation-damaging claims by dissatisfied clients. Find out how.

Small Business Insurance

Security for your business premises

Nationally, burglary is one of the most common types of crime experienced by businesses, with higher rates of re-burglary than domestic properties. This article runs through the main measures to ensure the on-site security of your business premises and minimise risk.

Small Business Insurance

A guide to Professional Indemnity insurance

If it has been recommended you have professional indemnity, but you're a little unclear about exactly how this insurance works to protect your business, you may appreciate this simple, easy-to-understand beginners guide written by leading specialist insurer Hiscox.

Small Business Insurance

Employers’ Liability Insurance explained

The question of a business having Employers' Liability Insurance (ELI), has been simplified somewhat due to changes to the Employers' Liability (Compulsory Insurance) Act, but they are only applicable to sole traders, explains Judith Rutherford, chief executive of Businesslink for London.

Small Business Insurance

Key facts about liability insurance for trainees

In this article we look at whether you need liability insurance if you are setting up a co-operative business where you will be training staff.

Small Business Insurance

How to reduce your employers liability insurance

Employers are required to have insurance to pay out for their legal liability if one of their employees is injured or becomes ill as a result of their work.

Small Business Insurance

What insurance do I need for a home-based business?

Each fortnight, our newsletter businessGO answers one of your questions about small business.

Management

Keep your insurance costs down

Small businesses can lower their insurance costs by weighing the value of some of their business activities against the costs of insuring them, says SME group the Federation of Small Business (FSB).

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What is professional indemnity insurance?

Professional indemnity insurance provides cover if somebody sues your business and they allege that your advice caused financial loss or damaged their brand. It’s not just for accountants and lawyers but for anyone offering a personal service, even web designers

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What is public liability insurance, and does it cover Covid-19 claims?

Public liability insurance can cover your small business if a third party has an accident or injury. But does public liability insurance cover claims made against your business arising from Covid-19?

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Business insurance everything you need to know

Every small business may need to be insured at some level. But which policies are must-haves, and which are optional? Edward Murray guides you through the maze

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London & Partners Q&A — driving growth in the London startup ecosystem

In this Q&A, we explore how London & Partners' Business Growth Programme is driving economic growth and inclusion in the London startup scene