Meadow Broking for all your business insurance needs
Get great deals on all types of business insurance with the help of Meadow Broking.
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Fully protect your company with comprehensive business insurance
However small or large your business, and whatever sector you’re in, you need to be fully protected. Security comes from business insurance, but with so many different kinds of insurance available it can be difficult to understand what exactly you need. What business liability insurance do you need? What is contractors’ all-risk insurance? How much insurance for goods in transit should you get?
Don’t panic. Meadow Broking is ideally placed to establish which insurance you need for your company and what your level of cover should be. Whether you’re a sole trader, an SME or a multinational, our independent expert brokers will work with you to put together a package of insurance products that will leave you fully covered.
Our team specialises in providing support for complex cases. So, if you’ve had problems finding insurance in the past, contact us to discover how we can help you. If you’re tired of hearing no and want a truly personal service designed to meet your requirements, then you need Meadow Broking.
How it works
Whether it’s your first attempt at finding UK business insurance or you’ve almost given up trying, let Meadow Broking help. The process is simple and personal.
Need advice? Call 0118 315 0866 to speak to us.
Lines Open: Monday-Friday: 8am – 6.30pm
Why do I need business insurance?
The simple answer is to protect you and your business. Depending on the type of insurance you buy you will be protected by claims made against you by members of the public, employees or customers. Commercial insurance can cover the costs of defending and settling compensation claims, and guard against costs associated with cyber attacks and other crimes. In addition, a business insurance policy can protect you following loss or damage to property and subsequent loss of revenue or profit.
For some professionals, particular types of business insurance are a mandatory requirement of members of professional or regulatory bodies. Holding commercial insurance is also almost obligatory when entering into a contract. Freelancers or others offering their services via a third party agency will also find they need to demonstrate they possess some forms of insurance.
Meadow Broking make business insurance simple
If you’ve been looking into insurance for your company, then you already know how many different choices are available. These are just some of the options that we can help you with.
What Our Clients Say
Public Liability Insurance
What is public liability insurance?
Public liability cover protects you from the costs associated with legal claims made by members of the public due to an incident caused by your business. These are incidents that result in injury, loss or damage to property, or even death. The claimants may also be customers, but they don’t have to be.
Policies could cover incidents that occur on your business premises or incidents that occur elsewhere, such as in a customer’s home or workplace, outdoors or at an event. Public liability insurance doesn’t cover claims due to a professional mistake, such as bad advice, for that you need professional indemnity insurance.
Who needs public liability insurance?
Any business, including sole traders, who interact with the public will need public liability insurance. This is true whether they visit you, you visit them or you meet at another place such as an exhibition. In some circumstances, for example exhibiting at a trade show, you may well be asked to demonstrate the level of public liability insurance that you hold. Whether you are a large, limited company or are self-employed, public liability insurance can protect you.
Employers Liability Insurance
What is employers liability insurance?
Employers’ liability insurance protects you from claims made by employees who become ill or are injured as a result of the work they do. This insurance helps cover the cost of any compensation awarded if an employer is found guilty of negligence, as well as covering legal fees.
Who needs employers liability insurance?
The Employers’ Liability (Compulsory Insurance) 1969 legally requires almost all employers to have insurance cover of at least £5 million. There are a few exceptions, such as sole traders who only employ a family member or employing a person based outside England, Scotland and Wales (Please see link for exceptions: Employers’ Liability (Compulsory Insurance) Act 1969 – HSE.) Insurance must be provided by an authorised insurer. A substantial fine is payable for every day that you are not insured.
Business Interruption Insurance
What is business interruption insurance?
Business interruption insurance covers loss of income suffered during times when you can’t trade due to an unexpected event. This might be because of damage to your business premises or damage to equipment. You may also be covered if customers cannot reach your business premises or if damage to a suppliers’ premises impacts your business. Business interruption insurance does not cover a sole trader who can’t trade because they are ill or injured.
Who needs business interruption insurance?
Business interruption insurance isn’t a legal requirement, but can benefit any company with physical premises or assets such as machinery. Put simply, if damage to your premises or at your customers and suppliers could impact your ability to trade then you should consider business interruption insurance.
Need advice? Call 0118 315 0866 to speak to us.
Lines Open: Monday-Friday: 8am – 6.30pm
Cyber & Data Protection Insurance
What is cyber and data protection insurance?
Cyber insurance and data protection cover insures against losses occurring due to attacks on your computer systems, such as malware and hacking, as well as data breaches, including accidental breaches. Some policies may include business interruption cover.
Who needs cyber and data protection insurance?
It’s not just IT and technology businesses that need cyber and data protection insurance. Any company that operates online or uses computer systems should protect themselves with cyber cover regardless of how large or small they are.
Goods In Transit Insurance
What is goods in transit insurance?
As the name suggests, goods in transit cover protects goods during transportation and delivery. This could include supplies and equipment being moved between your own sites or deliveries to customers. Anything that you are responsible for that is being moved by you.
Who needs goods in transit insurance?
There are some types of business for which goods in transit insurance is a must have. These include couriers, removal companies and hauliers and any company that regularly moves or delivers its own stock. You may also want to consider this type of cover if you are relocating as this can protect you during the move.
Directors’ and Officers’ Liability Insurance
What is directors and officers liability insurance?
This type of business insurance, also known as D&O insurance, protects companies against claims made against directors and other key managers as a result of alleged wrongful acts. D&O insurance covers a range of claims that could be made, including claims after insolvency, claims where fraud is suspected, or alleged breaches of trust or duty. This insurance covers the legal costs of defending any claims, as well as covering the cost of any compensation that may be awarded.
Who needs directors and officers liability insurance?
Any company with directors or key managers should buy directors and officers insurance. Even if directors or officers have not acted inappropriately, failing to have D&O insurance may mean that your company will not have the financial resources to mount a defence against any claim of wrongdoing.
Need advice? Call 0118 315 0866 to speak to us.
Lines Open: Monday-Friday: 8am – 6.30pm
Aviation Products Liability Insurance
What is aviation products liability insurance?
An aviation product liability policy protects holders in the event of problems caused by components used in aviation products such as aircrafts and avionics equipment. Problems include events such as defects and failure of components, and cover may extend to legally defending actions as well as paying any resulting compensation.
Who needs directors and officers liability insurance?
Any company with directors or key managers should buy directors and officers insurance. Even if directors or officers have not acted inappropriately, failing to have D&O insurance may mean that your company will not have the financial resources to mount a defence against any claim of wrongdoing.
Intellectual Property Insurance
What is intellectual property insurance?
Intellectual property insurance coverage enables you to defend yourself against accusations of infringement of IP, as well pursue any infringements of your intellectual property. Your intellectual property includes such things as patents, trademarks, copyright and designs.
Who needs intellectual property insurance?
All businesses hold some degree of intellectual property. When you speak to Meadow Broking, we can help you determine whether the value of your IP makes taking out IP insurance cost-effective for you.
Commercial Crime Insurance
What is commercial crime insurance?
Commercial crime insurance provides cover for losses resulting from criminal activity including theft or fraud. Risks covered include losses resulting from employee theft or fraud, losses as a result of receiving counterfeit currency, and robbery from premises.
Who needs commercial crime insurance?
Any business can be a victim of crime whether that’s from employees or from third parties, therefore every business should consider commercial crime insurance. Some companies, such as those in the financial sector, are at particular risk of falling victim to crimes such as fraud or embezzlement and therefore this type of insurance is vital.
Contractors Insurance
What is contractors’ insurance?
Contractors’ insurance is really a package of different types of cover put together to provide sufficient insurance cover for the specific needs of contractors. As well as the types of cover already mentioned, such as public liability insurance, contractors insurance may cover tools, personal accident cover, and hired-in or owned plant machinery. Contract works insurance for construction workers can be used to cover work in progress, and you may also need cover for electronic devices.
Who needs contractors’ insurance?
Anyone who works as a contractor including construction contractors should speak to Meadow Broking about specialist insurance for contractors.
Need advice? Call 0118 315 0866 to speak to us.
Lines Open: Monday-Friday: 8am – 6.30pm
Putting it all together with combined commercial insurance
With so many insurance options available for professionals and companies it can be difficult to know what you need. Meadow Broking can create a complete suite of business insurance to ensure that you have the right cover to meet any legal, regulatory or commercial requirements. As whole-of-market brokers we can source products from multiple insurers from well-known names to niche providers.
Whether you need goods in transit insurance and public liability insurance for your small business, or IP insurance and professional indemnity cover for your large design consultancy. Whatever your size, whatever your sector, the team at Meadow Broking can provide you with commercial combined insurance.
Contact Meadow Broking today
However complex your commercial insurance needs are, we can help. We understand that from global giants to small businesses insurance is a necessity. Let us make sure that you’re properly covered
