There is no single insurance package suitable for every new business.

The insurance required depends on:

• Activities
• Professional services
• Location
• Assets
• Employees
• Vehicles
• Contracts
• Licensing or registration requirements

Insurance commonly considered #

Depending on the business, this can include:

• Professional Indemnity Insurance
• Public and Products Liability Insurance
• Business Insurance
• Cyber Insurance
• Management Liability Insurance
• Commercial Motor Insurance
• Contract Works Insurance
• Workers Compensation where applicable

Not every business requires all of these policies.

What information should I have ready? #

Useful information can include:

• Business activities
• Expected turnover
• Number of staff
• Business locations
• Property and equipment
• Vehicles
• Professional services
• Contracts
• Licensing requirements
• Use of subcontractors

Insurance requirements should ideally be considered before entering contracts, leases or regulated activities.

Contact our team if you are starting a business and would like help identifying the insurance that may be relevant.