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.
by jqm | Feb 28, 2017 | Business Insurance, Business Insurance UK, Pub Insurance
Pub Insurance
Running a pub is a unique experience and it has its own set of challenges. There are many different considerations to keep in mind at any one time but a priority amongst them must be ensuring you have a good level of pub insurance. Specialist pub insurance premiums will incorporate the tailored covers needed for your individual establishment. Different venues require different levels of cover and even different types of cover, which is why Just Quote Me is here to help to organise the right level of pub insurance for your site.
Although there are different requirements in every venue, the following kinds of pub insurance may make up part of your policy:
Public Liability Insurance for Pubs
You may need commercial property insurance as well as public liability insurance for your pub. However, public liability insurance protects your business should a third party or member of the public claim they were injured on your premises or because of it. It will also cover any claims made on the basis of your pub being responsible for damage to a third party’s property.
Employer’s Liability for Pubs
Almost every pub insurance policy will incorporate employer’s liability cover. Even if you only have one part-time staff member, employer’s liability insurance is a legal requirement. It covers you should an employee make a claim against you. This could be due to an accident or injury or damage to their property.
Additional Pub Insurance Cover
You may require temporary or short-term entertainment and events insurance cover throughout the year. This will depend on the types of activity that take place at your pub. If you have specific events and entertainment planned, discuss it before choosing a policy as you may need additional covers. You may also want to consider contents insurance for the fixtures, fittings, equipment and stock in your pub. Pub contents insurance should cover you against a range of risks including storm damage, malicious damage and theft.
Specialist pub insurance gives you peace of mind. It protects your pub so you can get on with the day to day graft of running it. At Just Quote Me we are ready and waiting to help, simply get in touch today.
To Compare Pub Insurance Quotes Online:
Go to our online Quote System or call us for FREE on 0800 084 2325
by jqm | Feb 23, 2017 | Builders Insurance, Restaurant Insurance
There are over 10,000 specialist fish and chip shops in the UK according to the National Federation of Fish Fryers. Every reputable business in this sector will have tailored fish and chip shop insurance in place. If you run a traditional English takeaway, a seaside café or other fish and chip restaurant then you need to have insurance in place to protect your business and customers. What should be covered by your fish and chip shop insurance though?
Compulsory and Optional Fish and Chip Shop Insurance
From a legal perspective, the only cover a fish and chip shop must have in place is employers’ liability insurance. If you employ a single person, casual worker or temporary staff member then it is your legal obligation to have this kind of fish and chip shop insurance in place. All other covers are optional but many of them are vital to the smart and prudent business owner.
Sensible business owners will make sure they have public liability insurance in place too. It protects your business against any claims made by third parties who allege they have an injury or damage to their property damaged because of your business. Most policies available offer cover from £1 million upwards, which ensures peace of mind should the worst happen. Other insurances you may want to consider include business equipment and other business cover offers. Contacting Just Quote Me will allow us to find the best fish and chip shop insurance package for your business.
Fish and Chip Ship Insurance with Just Quote Me
Working with businesses in all sectors, has given the professional team at Just Quote Me experience in many niche areas. Our professional expertise allows us to offer a fair and honest appraisal of the insurance cover you may need for your fish and chip business. Call us today to discuss your insurance requirements.
To Compare Fish & Chip Insurance Quote Online:
Go to our online Quote System or call us for FREE on 0800 084 2325
Image accreditation:
By Mw12310 (Own work) [CC BY-SA 3.0], via Wikimedia Commons
by jqm | Feb 22, 2017 | Business Insurance, Commercial Insurance
Operating a commercial business requires you to pass many legislative barriers and insurance is often one of these. If you have employees you are legally required to have specific commercial insurance in place and if you are a prudent and responsible business owner, you will also want other insurances in place. You put a great deal of time and money into your business so why not protect it? Adequate commercial insurance cover helps to protect your business, its employees and customers.
As specialists in business and commercial insurance, we know exactly how to provide the right protection for your business. We also work to ensure the best level of cover for your requirements. Many businesses opt for Commercial Combined Business Insurance as this works a little like a ‘pick and mix’ as you select the relevant covers for your individual business needs.
Tailored Commercial Insurance with Just Quote Me
Commercial insurance policies need to be comprehensive and fully tailored to your business. Commercial combined insurance brings together a range of business insurances in a single policy, making it easier to manage and understand. It can include any number of different individual covers such as:
- Employers’ liability (a legal requirement if you have staff)
- Public liability
- Business interruption
- Product liability
- Legal expenses
- Goods in transit
- Material damage/theft
The insurances you need for your business are highly individual. It may be something you aren’t sure of without guidance and direct help. Our expert business and commercial insurance specialists can discuss your business operations, current setup and discuss potential covers you could need as part of your commercial insurance cover. Furthermore, our professional experiences speaks for itself. We work with a wide range of different businesses to ensure their commercial insurance fits their needs.
Meeting all the risks associated with the day to day running of your business should be a key priority. Commercial insurance adds a valuable layer of protection for your business. Similarly, appropriate insurance can also be key to winning more business. Many industry associations and even potential clients may expect a certain level of cover before they are willing to work with your business.
To Compare Commerical Insurance Quotes Online:
Go to our online Quote System or call us for FREE on 0800 084 2325
by jqm | Feb 20, 2017 | Business Insurance, Business Insurance UK, Landlord Insurance, Local Business Insurance News
Are you a landlord in need of landlords insurance?
If so then check out what is on offer from Just Quote Me today. Just Quote Me is one of the UK’s leading insurance comparison websites and as such it should be your first port of call when you’re looking to find landlords insurance that meets your specific needs.
All to often, landlords purchase generic insurance only to find that it doesn’t provide them with adequate cover when they need it most. If you’re a UK Landlord then visit Just Quote Me today.
When you’re looking to protect your property and your contents, landlords insurance is a necessity. It can cover you against financial losses associated with your rental property and can provide you with much needed peace mind when other people are living in your house or flat.
Our policies cover Buildings Insurance, Landlords Contents Insurance, Property Owners Liability as standard we can also cover rent guarantee, Employers Liability Insurance, cover for residential or commercial properties or a mixture of both, in fact any rental property can be covered via our fantastic quote systems!
Just Quote Me has been a leader in its field for the past 30 years and as such it has built up a robust customer base that continues to grow and expand. To get an instant quote for landlords insurance, simply input your information on the form on the website or call 0800 084 2325 to speak to one of the team.
To Compare Landlord Insurance Quotes Online:
Go to our online Quote System or call us for FREE on 0800 084 2325
by jqm | Feb 20, 2017 | Business Insurance, Business Insurance UK, Local Business Insurance News, Public Liability Insurance
Are you a start-up looking to compare public liability insurance for the very first time?
Then it’s important to research your options before jumping in and buying the first policy that you find. Business insurance needs to be tailored to your unique business needs in order to ensure that it’s valid in the event that you need to make a claim.
Far too often, business insurance does not offer the right level of cover for the business in question and this can lead to problems in the event of a claim.
A good idea is to obtain a quote from Staffs company Just Quote Me. The team have 30 years industry knowledge and are best-placed to help you obtain the most relevant insurance policy for your business in Staffordshire or the West Midlands.
Take Back Control
You might assume that all businesses working in the insurance industry are out to ensure that you pay as much as possible for your policy. However, as soon as you get in touch with the team at Just Quote Me you’ll quickly realise that this isn’t the case.
Just Quote Me works hard to present you with quotes for policies that are ideally suited to your business. When you do business with Just Quote Me you can find affordable cover that’s within your budget, without compromising on the level of cover that you need.
To Compare Public Liability Insurance in the West Midlands:
Go to our online Quote System or call us on 0800 084 2325
by jqm | Feb 20, 2017 | Business Insurance, Business Insurance UK, Local Business Insurance News, Office Insurance
Have you just started running a new business in Stafford?
Then you’re probably pretty excited right now. The early days of running a business can be thrilling and of course your number one priority will be making money and ensuring that your venture is a thriving success.
However, it’s vital that you insure your office so that it is protected in the event that something goes wrong. Should your office be flooded or be damaged by fire for instance, the right office insurance policy can ensure that you’re fully covered and that you can get back to work as soon as possible.
Choose the Right Office Insurance Policy
When you’re looking for office insurance for your business, don’t simply choose the first policy that you’re offered. All businesses are different and it’s important to select a policy that’s tailored to the unique needs of your business. The world of insurance can be confusing and so its a good idea to get advice from a leading insurance comparison – Just Quote Me.
The Just Quote Me team has over 30 years of industry experience and is best placed to advise you on your options when it comes to buying office insurance for your business. Whether you’re in Staffordshire or the West Midlands, find out more today.
To Compare Office Insurance Quotes Online:
Go to our online Quote System or call us on 0800 084 2325
by jqm | Feb 20, 2017 | Business Insurance, Business Insurance UK, Local Business Insurance News, Public Liability Insurance
Public Liability Insurance provides cover for your business in the event of any third party claims being made against it, or yourself, for any negligence causing a member of the public to suffer from an injury or illness as a result. This type of insurance also provides your business with cover in the event of damage to any third party’s property.
This type of insurance also provides your business with cover in the event of damage to any third party’s property.
So, in effect, this type of cover protects your business if you were to find yourself in a situation that made your company liable to be sued in the courts. If you’ve arranged the right insurance then your company will have the cover that it needs to reduce its operational risk.
Unfortunately, most business owners often don’t have the time to fully understand public liability insurance and could therefore face paying exorbitant fees for damages should their policy prove to be insufficient for their financial needs. This is why it is important to contact the experts in this field to find out what is included and, just as importantly, what is excluded from any policies.
Why should I arrange Public Liability Insurance?
The most commonly arranged type of cover for small businesses is Public Liability Insurance. This type of protection is also just as important to medium and larger organisations too.
It’s not a legal requirement for businesses to have this cover, however it should be considered as an essential – particularly where members of the public may be interacting with your company. From clients visiting your office, shop or work premises to the potential of dangers at shows and exhibitions, it’s not something that your company should be without.
If you operate from home you may think that you are safe but think again, even home-based businesses need to consider this cover if their home office is ever used as a meeting place for members of the public to attend.
What does Public Liability Insurance cover?
You need this cover, for instance, if you damage third party property when you are carrying out your work, which makes it eminently sensible protection for tradesmen. It is a simple fact of modern life that even a minor scratch to someone’s personal property can lead to unexpectedly hefty fines, more so in fact if you need to pay legal fees should the case go on to court. The good news is that legal fees would also be covered by your policy giving you some vital peace of mind.
It’s a simple fact of modern life that even a minor scratch to someone’s personal property can lead to unexpectedly hefty fines, more so in fact if you need to pay legal fees should the case go on to court. The good news is that legal fees would also be covered by your policy giving you some vital peace of mind.
At the time that you are arranging your Public Liability Insurance cover, make sure that you tell your insurer the type of business that you operate. This will more easily help you come to an agreement regarding the right type of policy that is best suited to you and your company. Your appointed insurer needs to ascertain the level of financial cover, which could be anything from around £1million to over £10 million, depending on your circumstances and potential exposure. You will also find that, in the public sector for instance, there is a minimum financial cover requirement which your insurance needs to meet in order to tender for and win contracts. These requirements can be as high as £5 million which may surprise many!
Your appointed insurer needs to ascertain the level of financial cover, which could be anything from around £1 million to over £10 million, depending on your circumstances and potential exposure. You will also find that, in the public sector for instance, there is a minimum financial cover requirement which your insurance needs to meet in order to tender for and win contracts. These requirements can be as high as £5 million.
Many small business owners tend to think that they are safe simply because they are small! This is not the case at all, without public liability insurance you could lose your income so tread carefully. Just a simple thing like a slip-up over a loose cable, a spilt cup of tea or injury caused by broken glass or door slamming shut in the wind could put paid to your business plans if you are uninsured.
Compare the different policies online
Comparison websites, like Just Quote Me, provide you with the ability to compare various policies and save money whilst, at the same time, allowing you to transparently compare the often vastly different insurance options available to you.
Just enter your details into our simple application form and you will be able to start comparing policies straight away.
In this way you will quickly and easily find the Public Liability Insurance policy and cover that suits your needs most. We are always happy to help so, if you have any questions, then please call to speak with one of our experienced UK based consultants.
To Compare Public Liability Insurance:
Go to our online Quote System or call us on 0800 084 2325
by jqm | Feb 17, 2017 | Builders Insurance, Just Quote Me, Restaurant Insurance
The pop-up sector is booming and pop-up restaurants are all the rage. They are a great way for new businesses to create interest around their food. Just because a pop-up is housed in a temporary premises does not mean it is exempt from insurance. Pop-up restaurant insurance is essential for the successful and compliant running of a business. Many pop-ups only operate for a few weeks or months but they still need proper insurance cover.
The UK pop-up sector is truly on the up A 2015 report put its value to the economy at £2.3bn and this is bound to have increased. Choosing to test your food concept with a pop-up is a great way to get a feel for how people react to it. As a prudent business owner, you should provide adequate protection for your business and its patrons, with pop-up restaurant insurance.
Where can I find a specialised Pop-Up Restaurant Insurance Policy?
Specialised options for pop-up restaurant insurance are not common. Insurers prefer to work on a case-by-case basis. Each pop-up can present a unique insurance challenge. This is due to a range of factors from their short-term nature to their size to their location. They may or may not employ staff, they may hold high value stock or they may have other related risks and this makes them difficult to insure with an ‘off the shelf’ solution. It probably seems like securing adequate cover for a pop-up is difficult. This doesn’t have to be the case with the right professional guidance and that is exactly what we offer.
At Just Quote Me we work with businesses of all shapes and sizes, including pop-up restaurant owners. Our expert staff can work with you to ensure you secure all the cover you need. A pop-up restaurant may need employers’ liability insurance, public liability insurance and additional covers specific to their operations. Pop-up owners must prepare and protect their business against potential risks to avoid the risk of financial damage, and loss of reputation.
Just Quote Me pop-up restaurant insurance takes into account the individual requirements of each business. Furthermore, we make sure to arrange the cover you need, tailored to your business. Get in touch today to discuss your new venture.
To Compare Pop-up Restaurant Insurance Quotes Online:
Go to our online Quote System or call us for FREE on 0800 084 2325
Image: “The Secret Garden Dublin – A Pop Up Restaurant in Meeting House Square” by informatique used under CC BY 2.0
by jqm | Feb 13, 2017 | Insurance Online, Insurance Quote Online
The best-rated food businesses can benefit from a discount on food hygiene ratings insurance quotes at Just Quote Me. We’re offering all businesses with over three ratings for food hygiene a discount off their business insurance premium.
The food hygiene rating your business has is closely linked to its reputation. Picking up a single bad rating can damage your business’ chance of repeat custom. All businesses that sell food, from restaurants to pubs and cafes to hotels and even food shops, need a good reputation. Without this they cannot effectively trade and sell food.
The Food Hygiene Rating Scheme (FHRS) in England, Northern Ireland and Wales helps customers choose where to eat and where to shop for food with information about the hygiene standards they keep. Customers can make an informed decision on their next purchase or their next meal out. As a business in the food sector you want to be recognised for the right reasons and with good ratings you’ll attract a better standard of customer.
Get your Food Hygiene Ratings Insurance Discount Today
Food hygiene ratings in England, Northern Ireland and Wales go on a scale from zero to five. Five is the highest score you can get with zero the lowest. Food safety officers determine the food hygiene rating on three standards:
- Hygienic handling of food including preparation, cooking, reheating, cooling and storing
- Condition of the building: how clean is the building? They will check lay out, ventilation and lighting.
- Management and records: how the does the business manage and record food temperatures
Every food safety inspection will cover these areas. At the end, the food safety officer will give the owner or manager of the business a rating on the 0-5 scale. Finally, they will also make recommendations on how to improve and ensure a higher rating is possible next time.
All businesses awarded three ratings or higher can enjoy a 10% discount on their Food Hygiene Ratings Insurance with Just Quote Me. Simply mention JQM10 to the team member you speak to when getting your quote. Remember, we’ll need to see a copy of your ratings certificate to guarantee your discount.
