Business

Protecting your business as it grows

For SMEs, the risks of running a business are magnified. Where larger businesses have a cushion of financial protection that helps them get through tough periods, smaller businesses have fewer staff, lower budgets and less cash flow, making them vulnerable to the unexpected.

Our bespoke SME solutions are designed to help your small business protect itself against everything from material losses and interruptions to professional liability and cyber-crime. It’s about being prepared, so a minor event doesn’t become a major threat to your business.

SME solutions can include:

• Material Damage replaces business assets after a loss
• Business Interruption covers loss of income
• General Liability covers your legal costs and compensation payments after accidental damage to third-party property
• Professional Liability covers legal defence costs and compensation payments following a breach of professional duty
• Commercial Motor covers repairs or replacement of vehicles following an accident
• Cyber covers loss of income and loss mitigation costs in the event of a cyber breach. ​
  

Risk protection built around your business

Every business comes with its own unique set of risk factors – and it’s essential that your insurance cover is built with those elements in mind. We work with your business to establish your level of risk in a range of areas, then create an insurance solution to fit.

Although ICIB Brokerweb does have a suite of innovative sector-specific insurance products, our wide-ranging experience and expertise means we’re also well-placed to provide risk protection for almost any business.

Industrial and Commercial cover includes:

• Material Damage covers replacement of business assets following a loss
• Business Interruption covers loss of income after a temporary closure
• General Liability covers legal costs and compensation payments after unexpected accidental damage to third-party property
• Professional Liability covers your legal costs and compensation payments following a breach of professional duty
• Commercial Motor covers repair or replacement of vehicles following a loss
• Cyber covers loss of income and loss mitigation costs following a cyber breach. ​

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Protection and peace of mind for your rural business

If your home and place of business are one and the same, your insurance needs to reflect that reality. In the rural sector, the professional and personal are often interconnected, making insurance cover more complex.

ICIB Brokerweb's rural insurance solutions are designed to protect against the unique risks associated with farming and other rural industries, so you can focus on running your business.  

Rural cover includes:  

• Home and contents
• Farm assets and buildings including fences, gates, railings and yards
• Motor vehicles, motorbikes, quad bikes, planes, choppers, pleasure craft and motorhomes
• Livestock, including farm dogs and working horses, for injury, theft and death ​
• Machinery breakdown 
• Meat contamination cover ​
• Business interruption with extensions for gross profit, increased costs of working and claim preparation costs ​General Liability covers legal costs and compensation payments following unexpected and accidental damage to third-party property.​