As an independent broker we can offer you risk management advice, which is something you are unlikely to get if you go direct to an insurance company.
 
Whilst we can't promise that following our advice will have an immediate impact on the price you pay for your insurance, what we can say is businesses that take risk management seriously tend to have fewer accidents. Over time these businesses generally pay significantly less for their insurance.

Health and safety support, fire risk assessment and due diligence are just some of the areas we can help you with. But how does this help you? Having an independent broker is key to protecting your business. We can work with you to pinpoint your key business risks and ensure you are completely covered. We spot the things that you think don’t need cover, but you might in fact have liability for. We advise you on where the risk is.

Identifying threats and exposure is key

The last thing you need is thinking you’re secure only to find that a simple solution causes you bigger problems in the long run. For example, you have a small fire.  Damage to your building and its contents are insured, but have you got a disaster recovery plan?  Do you have Business Interruption cover? Are key staff insured and do you have detailed job descriptions which would enable someone else to fill in?

Each year around 280,000 employees sustain seriously injury resulting in absence arising out of work related activities. (Source HSE)

So our top tips are:

Get organised – get expert advice and help in identifying all the risks where your business might be exposed

Get planning – Prioritise your risks, focussing on the most important first

Evaluate the cost to your business if you had to pay for the areas which aren’t covered by insurance. What would this mean to your business?

So now you know the value of having an effective risk management process in place why not give us a call on 01494 450 450 and we’ll come and conduct a risk analysis for you and your business.