Indemnity and Public Liability Insurance Renewal

[DSLiverpool]

InsuranceJon is this you ? or recommendations please - for our web consultancy.

[jammy_basturd]

Can we get a PH group discount?

[DSLiverpool]

jammy_basturd said:

Can we get a PH group discount?

Agree .....

[insurance_jon]

always do deals for PHers

and yes its one for me. when's it due? I'm back in the office Monday, but can get someone on it if its needed sooner

jon at lockyers.co.uk

[DSLiverpool]

insurance_jon said:

always do deals for PHers

and yes its one for me. when's it due? I'm back in the office Monday, but can get someone on it if its needed sooner

jon at lockyers.co.uk

No hurry will get in touch tomorrow - what about a group buy ? (I know its not that simple but make it so ;o)

[insurance_jon]

when we go online for SME that is a definite possibility, but these days no one really fits in a box so I'd have to have 20+ clients with similar profiles for an insurer to be interested.

[Steve57]

ours is due in the next month, i'll get someone to email you also.

[Animal]

insurance_jon said:

when we go online for SME that is a definite possibility, but these days no one really fits in a box so I'd have to have 20+ clients with similar profiles for an insurer to be interested.

True, but if a broker was going to send me even half a dozen or so risks to quote I'd definitely be willing to discuss pricing (although we're not online)!

[insurance_jon]

Animal said:

insurance_jon said:

when we go online for SME that is a definite possibility, but these days no one really fits in a box so I'd have to have 20+ clients with similar profiles for an insurer to be interested.

True, but if a broker was going to send me even half a dozen or so risks to quote I'd definitely be willing to discuss pricing (although we're not online)!

Agreed, but given the spread of business owners on here and their trades, I think you would struggle to get half a dozen due at once and be the best match insurer for them.

Once we are online I can give out ph discount codes

Happy to have a beer and chat about it though. Who do you represent and where are you based?

[skahigh]

I'm a self employed web consultant, pay £22 per month to Hiscox for public liability, employers and professional indemnity insurance. No idea if that's any good.

[Animal]

skahigh said:

I'm a self employed web consultant, pay £22 per month to Hiscox for public liability, employers and professional indemnity insurance. No idea if that's any good.

Depends on your income, how much cover you're buying, clients, claims history, etc, etc. Not a bad price for the combined covers though - does it include office contents?

[Animal]

insurance_jon said:

Happy to have a beer and chat about it though. Who do you represent and where are you based?

YHM

[skahigh]

Animal said:

Depends on your income, how much cover you're buying, clients, claims history, etc, etc. Not a bad price for the combined covers though - does it include office contents?

No.

Can't remember my cover limits, I have a feeling it's £1M for professional indemnity.

[Animal]

skahigh said:

No.

Can't remember my cover limits, I have a feeling it's £1M for professional indemnity.

£1m for PI is pretty standard.

[jammy_basturd]

skahigh said:

I'm a self employed web consultant, pay £22 per month to Hiscox for public liability, employers and professional indemnity insurance. No idea if that's any good.

Do you need public liability and employers?

[DSLiverpool]

Guys say we had a client doing say £20m through a site we manage what level of insurance (if any) do we need (if this comes across as naive I apologies but I am getting all sorts of answers)

[skahigh]

jammy_basturd said:

Do you need public liability and employers?

Public liability yes i think so (but possibly not) because I work from my clients offices quite regularly.

Employers no not really, it's one of those ir35 protection things.

[DSLiverpool]

insurance_jon said:

always do deals for PHers

and yes its one for me. when's it due? I'm back in the office Monday, but can get someone on it if its needed sooner

jon at lockyers.co.uk

Your on holiday till monday ........... anyone else picking up enquiries Jon ?

[Animal]

skahigh said:

Public liability yes i think so (but possibly not) because I work from my clients offices quite regularly.

Employers no not really, it's one of those ir35 protection things.

Public liability and Employers' liability for a sole trader doing the kind of thing you do shouldn't be more than £50-ish per year. I suspect the PL part might be more of a critical contractual requirement that clients will increasingly insist upon.

[Animal]

DSLiverpool said:

Guys say we had a client doing say £20m through a site we manage what level of insurance (if any) do we need (if this comes across as naive I apologies but I am getting all sorts of answers)

Depends more on your own exposure than theirs. What's the maximum you think they could sue you for?