1. Risk and Business Continuity Manager
Insurance by
Paul Eades; M.I.R.M; M.B.C.I.
Risk and Business Continuity Manager

2. Why do we need insurance?
The Employers’ Liability (Compulsory Insurance) Act 1969, requires businesses that employ staff to have Employers' Liability Insurance in force for a minimum of £5 million
The Road Traffic Act 1988 covers items such as Insurance, Vehicle Tax and MOT, which must be in place before you can drive your vehicle on the road
Engineering insurance cover may also include statutory inspections for items such as lifts, pressure plant, etc

3. Why else do we need insurance?
To protect buildings, equipment, plant and stock etc in the event of a loss or damage; e.g. Fire, flood or theft
In case of a liability claim from an employee or member of the public; e.g. Personal injury
For vehicles used by the business; e.g. RTA TP cover
To replace income during a period of business interruption; e.g. Inability to operate following a fire

4. What insurance might we need?
Property – e.g. Buildings / Contents / Stock / Plant
Employers Liability - £5M minimum
Public / Products Liability
Professional Indemnity
Motor
Engineering IT
Business Interruption

5. Where do we get insurance?
Direct from an insurance company
Through an independent broker
Via a professional association

6. Any questions?

7. Risk and Business Continuity Manager
Insurance by
Paul Eades; M.I.R.M; M.B.C.I.
Risk and Business Continuity Manager
Tel: