by jqm | Apr 19, 2018 | Business Insurance Blog, Cyber Liability Insurance
The new General Data Protection Regulation (GDPR) comes into effect on 25th May 2018 and it makes it more important than ever before that your business is compliant. What’s more, having the right data protection insurance in place is crucial too.
Cyber losses and crime cost the UK economy billions every year and data has become a key asset that criminals are desperate to get hold of. Your businesses data is one of its most important and valuable assets, but it also high risk if uninsured. The new European legislation sets out rules for keeping data secure but it also comes with higher financial penalties if you do not comply. GDPR covers both data privacy and data control and security and the right insurance can protect your financially should there be issues with your levels of compliance.
What does Data Protection Insurance cover?
Data protection insurance is extremely specialised. It covers (or attempts to cover) the many potential consequences of data leak, breach and hacks. It is similar to cyber liability insurance except applies only to data and data protection breaches.
Data Protection Insurance may cover:
- The cost of security damages due to the data breach
- Ransom and extortion cover
- The cost of fines and defence should you receive a penalty due to the breach
Each policy is unique and there may be specifics to your industry to take into consideration too. The main thing for most businesses to do is ensure they review that data protection protocol and strategies in line with the new European legislation.
Data Protection Insurance with Just Quote Me
Just Quote Me employ specialist insurance professionals who work with businesses of all background. We make it our businesses to have the latest information in all relevant business areas including regarding GDPR. Get in touch today to discuss your data protection insurance policy options with us.
by jqm | Mar 29, 2018 | Business Insurance Blog, Employers Liability Insurance
Running a modern business does come with a certain degree of admin but once you get it right, the hard work is over. Of course you need to review policies and procedures but once the initial task is complete, the process is much quicker. Employers’ liability insurance is one of those necessary requirements for almost all businesses.
If an individual within your team or on your payroll suffers accident, injury or illness which they blame your business for, they could make a claim for compensation. These claims can quickly become costly and without insurance, you face having to cover the costs yourself. For many businesses the financial impact is devastating, so employers’ liability insurance is a must.
Do I Need Employers Liability Insurance?
In almost all cases the answer is yes. If you have people working for your business on any basis then you must have employers’ liability insurance. It is a mandatory legal requirement in UK law for any business with employees.
This is the case whether you work in a hazardous injury such as farming or simply run an office. The requirement remains the same.
What will my Employers Liability Insurance Cover?
Employers’ liability insurance protects your business against the financial risks that come from accident or injury to employees. Your policy will cover the financial cost ensuring any claims do not impact on the capital in your business. If you are deemed liable for any compensation claim your insurance will cover the costs. This allows your employee or ex-employee to continue with their lives and should allow your business to run as usual.
Employers Liability Insurance with Just Quote Me
At Just Quote Me we employ only experienced insurance professionals. They can help talk through your employers’ liability quotes and ensure you have the right level of cover to suit the size, scale and risk factor of your business. Call us today to discuss your business needs.
by jqm | Feb 8, 2018 | Business Insurance, Business Insurance Blog, Cyber Liability Insurance
Many small businesses owners believe cyber attacks won’t happen to them. Hackers, cyber criminals and other online fraudsters only care about big business. This is far from the truth. No company of any size can afford to ignore the risks of cyber-crime. Your business needs to take cyber-crime seriously and you need to consider cyber insurance for your business.
Cyber attacks take place every four seconds in the UK, according to ONS statistics, and there are millions of computer crime attacks reported every year. Cyber-crime can result in monetary loss for your business, downtime which can affect income and serious reputational damage. Cyber insurance will help protect your business financially should an attack take place.
Cyber Insurance for Businesses
This type of insurance will provide financial protection should a cyber attack affect your business. There are policies at all cover levels scalable to the smallest businesses, as well as much larger companies. Your cover will depend on the quote you accept but it should include:
- Data breach protection
- Cyber liability compensation claim cover
- Business interruption cover
- Downtime/business losses cover
- Hardware and data repair cover
All policies also incorporate forensic investigation and IT support, allowing for a closer look at what has happened. This type of insurance is incredibly specialist and can be daunting if you have little or no experience of IT and computer-related issues. It is easy to ignore cyber-crime, but if it effects your business, you won’t be able to.
Cyber Insurance with Just Quote Me
Just Quote Me operates a lot of its business online so we know just how important cyber insurance is. Even single-person businesses shouldn’t think they are immune to cyber-crime. Our experienced insurance experts will work with you to find suitable quotes. You can then explore your options and find the right level of cover for your business.
Please get in touch with us today to discuss your business needs and to go over your cyber insurance quote options
by jqm | Jan 31, 2018 | Builders Insurance, Business Insurance Blog, Roofers Insurance
Working in construction is one of the most high-risk occupations and this increases further when you begin working at height. Roofers are a prime example of workers who put themselves in high risk positions every day. The unique nature of this role means insurers offer specialised roofers insurance for your peace of mind and safety. Many insurers offer a select range of different covers under a single policy for your convenience too. At Just Quote Me we can provide a range of roofers insurance quotes to give you plenty of choice.
Arranging your Roofers Insurance
You may or may not know the type of insurance cover you need within your roofers insurance policy. Most roofers will want their cover to include:
- Public liability insurance: the key type of insurance for most businesspeople. Public liability insurance protects your business against the costs of a claim made by a third party. Whether they claim they were injured due to your work or that their property was damaged.
- Employers’ liability insurance: this type of insurance is the only compulsory kind in the UK. If you have a single employee, even on a casual or temporary basis, you must have employers’ liability insurance. It provides financial protection when an employee or ex-employee makes a claim of injury or illness due to working for you.
- Tool and machinery insurance: the equipment used in your every day work can be expensive and if it is damaged or stolen, your business it at risk. Tools, plant and/or machinery insurance provides financial compensation should either theft or accidental damage occur.
- Personal accident insurance: the high risks of working at height as a roofer make personal accident insurance a popular addition to roofers insurance policies. It will provide financial cover for lost earnings and medical costs after serious injury.
The types of insurance relevant to your business will be unique. Furthermore, you must consider other elements of the business too. Some contractors may want to look at more comprehensive policies for a wider range of construction workers. Sometimes it seems like investing in additional insurance cover is just another way of spending valuable business capital. However, if a claim is made against you, you’ll be happy the cover was in place.
Roofers Insurance with Just Quote Me
At Just Quote Me, you will deal with our specialist insurance advisors from day one. All advisors are dedicated to finding the best quotes for every client. We regularly work with construction companies and individuals providing a choice of insurance options for them. This includes many high-risk workers, such as those looking for roofers insurance. We appreciate every business has individual needs and can discuss your requirements before looking at quotes if you simply request a call back. Alternatively you can contact us directly through our website.
by jqm | Jan 26, 2018 | Business Insurance, Business Insurance Blog
Soft play areas are hugely popular with parents of preschool children throughout the year and older children during the holidays and weekends. They can be extremely busy and the high volume of people, particularly children, increases the potential risks and hazards. It is not responsible or safe to run this kind of business without appropriate soft play insurance. All businesses need some kind of insurance and ones with additional risk such as this, require more specialist cover.
Why Do you need Soft Play Insurance?
Soft play insurance, at a minimum, will cover your business should an employee, visitor or other third party suffer an injury and claim you are negligent. Your insurance also protects your business should any of the above claim their property is damaged due to your business. After an incident is too late to get insurance and you should have the cover in place for your own protection. The costs of a compensation claim can easily ruin a business and it is also unsafe to operate without appropriate cover.
What kind of Cover do you Need?
The only compulsory insurance in the UK is employer’s liability insurance. If you have any employees this is essential to comply with UK law. Most soft play businesses should also consider:
- Public liability insurance: to protect against claims from the general public
- Product liability insurance: to protect against claims made against your business’ products/services
Some soft play insurance may incorporate other elements such as legal expenses insurance, loss of income or business interruptions cover. If you are not sure the level of cover you need, it’s time to speak to the experts.
Soft Play Insurance Quotes from Just Quote Me
At Just Quote Me we work with businesses from all backgrounds. We can discuss a range of soft play insurance quotes with you, giving you a range of options to choose from. Our expert insurance advisors can discuss the policies available too, helping you to make an informed decision. Call us today on 0800 084 2325 or contact us via our online form https://justquoteme.co.uk/contact/.
by jqm | Nov 29, 2017 | Business Insurance Blog, LPG insurance
Some businesses require very specialist insurance policies and those dealing with LPG (liquid petroleum gas) fall into this category. Just Quote Me is proud to be one of the few companies offering specialist LPG insurance quotes for businesses in this sector. The right kind of insurance is essential when working with such high-risk materials.
Specialist LPG Insurance Brokers
There are very few specialist LPG insurance brokers able to find the right level of cover for your business. LPG is one of the leading fuel sources in the country. There are depots far and wide meaning it needs to be safely transported. Many businesses transport and deliver LPG to UK homes and commercial premises.
Our years of experience in the industry mean we are perfectly placed to find specialist quotes for your business. LPG businesses may require public liability insurance, employers’ liability insurance, stock insurance and goods in transit insurance, as well as many further optional covers.
Third Party LPG Insurance and Cover
LPG is a known pollutant and while it is needed for heating around the UK, the risk if it comes into contact with a third party can be high. Not many insurance companies offer specialist cover for third party contamination and pollution. This is why you need to find a specialist policy, with expert help.
Standard commercial insurance is usually not enough for a business which poses such a high risk. It is dependent on the company, but most will see your day to day business activities as too high risk for their regular levels of cover.
If you are even a little concerned about your LPG insurance, then please get in touch. Just Quote Me works with many companies in this sector and can advise you of your best options. You can call us or fill in our online insurance quote form to begin.
by jqm | Nov 9, 2017 | Business Insurance Blog
General Data Protection Regulation or GDPR
The EU’s new General Data Protection Regulation or GDPR is an expansion and development of previous data protection law. At present the UK relies on the Data Protection Act 1998 but things have changed significantly since this time. The new legislation introduces harsher fines for non-compliance and data breaches, and it also gives people more rights to their personal data.
The GDPR is a way for the EU to make a simpler and clearer legal environment for businesses handling volumes of data. It will come fully into force from 25th May 2018. It is applicable to all EU member states, but the UK is also affected.
The UK actually passed its own data protection legislation in September 2017 and it implements the majority of the GDPR in the UK.
Does GDPR affect my Business?
All businesses that control and process data must abide by the GDPR legislation. Your business needs to have a data controller who states how and why personal data is used. Data controllers have full responsibility for ensuring all data processed is compliant with data protection law.
Almost every business will be impacted by GDPR. If your business is currently effected by the Data Protection Act, then the same will apply to the GDPR.
Personal data and sensitive personal data come under GDPR. It is relevant to the smallest start-ups and also the largest companies.
Accountability and Protection against Breaches
Companies affected by the GDPR will see themselves much more accountable for data breaches. Their handling of personal data and sensitive personal data has to be properly managed and stored. Companies may want to review their data protection policies. It may also be worthwhile considering data protection impact assessments and fully auditing record keeping within your business.
Data breaches are becoming increasingly common. Companies such as Equifax, T-Mobile and Yahoo experienced breaches within the last 12 months. Smaller companies also need to be vigilant. The GDPR states that “destruction, loss, alteration, unauthorised disclosure of, or access to” personal data must be reported to the country’s data protection regulator. In the UK we have the ICO and they require notification within 72 hours of an organisation finding out about a breach.
The ICO has prepared some information about the GDPR with more expected before the regulation comes into effect in May 2018. All professional business owners should ensure they have a good understanding and are prepared for the regulation before this tim
by jqm | Nov 8, 2017 | Business Insurance Blog, Cyber Liability Insurance
A study carried out by the UK government shows nearly half of UK businesses identified at least one cyber breach or attack in the last year. This shows how vital protecting your business against cyber-attacks is and this is why cyber liability insurance has become essential.
What is Cyber Liability Insurance?
Cyber liability insurance is designed to support and protect your business financially in the event of a cyber-attack. It will also protect your business should there be a data breach or hackers break into your system. Cyber liability insurance is comprehensive cover to help cover the costs of a potentially damaging attack.
How can a Cyber-Attack Cost your Business?
If you’re not aware of how cyber-attacks can effect your business then it is unlikely you’re aware of the costs involved. Cyber-attacks can result in downtime and it can result in breach of client data, which can be both reputationally and financially damaging. A comprehensive cyber liability insurance policy will offer:
Ransomware Protection
Should you find a hacker or cyber-attacker wants to extort funds from your business your insurance policy should cover the cost of the ransom.
Breach Protection
A quality cyber liability policy will offer practical as well as financial support. You may be able to access forensic investigative services, legal advice and support services for your affected customers.
Business Interruption
Your policy should provide cover for loss of income due to business interruption during the cyber-attack. It may also provide cover for loss of income due to reputational damage.
Hacker Protection
If a hacker accesses your website, systems or other connected servers, your insurance policy will reimburse you repair and replacement costs.
Cyber-attacks are not something to take lightly. They are becoming increasingly common. All prudent business owners should consider cyber liability insurance a necessity, rather than optional cover. At Just Quote Me we can talk through your options at any time. Our team will help you find the right policy for your business.
by jqm | Jun 6, 2017 | Business Insurance Blog, Farm Insurance
Looking for Farm Insurance?
Just Quote Me have a new approach to Farm Insurance in the UK.
We’ve teamed up with one of the UK’s fastest growing Agricultural Insurance companies who provide specialist Insurance to Farmers in the UK. Prices are amongst some of the best available in the UK today.
We offer a wide range of Farm Insurance cover from:
- Farmhouse
- Farm buildings
- Livestock
- Personal accident
- Machinery
- Cattle straying
- Milk contamination
- Produce
- Employers’ liability
- Public liability
- Commercial
Just Quote Me are confident that we can provide you with the lowest premiums with our Insurers.
Our team of experts will at the very beginning of the quotation process advise you of any potential clauses or warranties that the policy may have, so you can adhere to these and therefore any potential claims that may arise will be met in full, protecting you and your business.
Our policies include the usual Public Liability Insurance, Employers Liability Insurance.
If you would like a free no obligation quote then call Just Quote Me on 0800 084 2325 or fill out our Quick Quote Form.
by jqm | Apr 27, 2017 | Business Insurance, Business Insurance Blog, Insurance Quote Online, Small Business Insurance Quote
Are you looking for a small business insurance quote in the UK?
The good news is that Just Quote Me can help.
The insurance team at Just Quote Me understand that every business is different and that the insurance policies that they need to reflect this.
Just Quote Me can provide the right small business insurance cover wherever you are based in the UK
Just Quote Me have arranged the most appropriate cover for many satisfied customers regardless of what profession they are in. Visit our Business Insurance section to find out more useful information or call us today for a free no obligation quote.
Business Insurance is important to your company
Don’t make the mistake of assuming that business insurance is a luxury that you do not really need to have. It’s important you consider the various types of cover available such as:
- Public Liability Insurance
- Employers Liability Insurance
- Working at Height Insurance
- Key Man Insurance
- Motor Fleet Insurance
- Restaurants & Cafes Insurance
- General Contractors Insurance
- Cleaning Contractors Insurance
- Residential Lettings Insurance
- Estate Agents Insurance
- Letting Agents Insurance
- Mortgage Brokers PI Insurance
- Commercial Lettings Insurance
- Hotels & Guesthouses Insurance
- Takeaways and Fastfood Outlets Insurance
- Professional Indemnity Insurance
- Tradesman Insurance
- Pub, Club and Restaurant Insurance
- LPG Business Insurance
- Security Company Insurance
- Shop Insurance
- Cyber Liability Insurance
- Landlord Insurance
- Office Insurance
- Commercial Combined Insurance
- Motor Trade Insurance
- Investments Insurance
- Pension Insurance
- Life Insurance
- Multiple Vehicle Insurance
- Car Insurance
- Van Insurance
Just Quote Me has been a leader in the insurance field for nearly three decades, protecting businesses across the UK from those unexpected claims that can arise from time to time, often through no particular fault of their own.
To discuss your small business insurance needs call 0800 0842 325 today. We are here waiting for your call and only too happy to help.
by jqm | Mar 15, 2017 | Business Insurance, Business Insurance Blog, Business Insurance UK
Bingo has been a popular past time in Britain for many years. While many players have now enjoy the game online, bingo halls still draw in many players every week. Even during economic crises, bingo has remained popular and anyone running a bingo hall has many considerations to keep in mind. With regulatory guidelines, licensing laws and more, it is essential you have bingo hall insurance to protect your business.
What does Bingo Hall Insurance cover?
There are many different aspects you may want to consider for your bingo hall insurance. At Just Quote Me we specialise in providing businesses of all types and sizes. We can help you decide what cover you need for your bingo hall. In addition to some essentials such as buildings insurance and potentially content insurance, you need to consider public liability and employer’s liability insurance. Employer’s liability insurance is a legal requirement for all companies with a single employee or more. Public liability insurance is also a smart choice for most businesses. It ensures you have protection should a third party, such as a customer, make a claim against you after an accident, injury or damage to their property.
Bingo hall insurance can also protect you against unfortunate events such as vandalism or theft of property. Modern bingo halls often have TV screens and other interactive equipment for the benefit of their patrons. This puts them at a higher risk of burglary.
Just Quote Me Bingo Hall Insurance
At Just Quote Me we appreciate and understand the individual risks and problems faced by bingo hall owners. We can help put together a business hall insurance package covering the requirements of your premises and business activities. We will make sure your cover level both satisfies your needs and is at a price which suits your budget. Please get in touch with us today to discuss your business’ needs.
To Compare Bingo Hall Insurance Quotes Online:
Go to our online Quote System or call us for FREE on 0800 084 2325
by jqm | Mar 13, 2017 | Builders Insurance, Business Insurance Blog
Do you want to become an appointed representative? Do you know what it means for your business or whether it is a good idea for your company? Deciding to become an appointment representative has its benefits but it is important to understand the process before making any final decisions.
What is an Appointed Representative?
An appointed representative is an individual or it can also be a firm which is allowed to undertake the sale of general insurance business, without direct Financial Services Authority authorisation. The company or individual is required to work with a Principal directly authorised by the Financial Services Authority.
What is the benefit of becoming an Appointed Representative?
The main advantages of the decision to become an appointed representative are time and money. The FSA authorisation process takes six months as a minimum. On top of that there is the requirement of creating a structured business plan, find agencies, put strategies in place and more. The whole process can in fact end up as many as 12 months or even more.
Furthermore, another key advantage of becoming an appointed representative is that you have protection of a principal. The principal takes on the full responsibility of ensuring your business’ compliance with Financial Services Authority regulations.
How to Became an Appointed Representative
To become an appointed representative, you need to:
- Decide which regulated activities (listed on the FCA website) and find a principal which works in that business area.
- Choose between becoming an appointed representative or what is known as an introducer appointed representative. There are fewer rules involved in an introducer appointed representative but the responsibilities are the same.
- Decide how many principals you want. This will usually depend on your business type and also the type of customers you have.
- Find out the contractors you need to put in place.
- Ensure your principals inform the FCA of your appointment so it is added to the register.
The process is relatively straightforward and there are real benefits to it. It is something you should consider at any stage in your business’ development. It is especially relevant to businesses looking to reach their next growth level.
