Large Commercial and SME Insurance

Running a business, regardless of its size, presents a multitude of challenges. As your business expands, so too does the complexity of the risks it faces. Whether you operate a small or medium-sized enterprise (SME) or a larger commercial venture, navigating these risks effectively is paramount to success.

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Why do Large Commercial businesses and SMEs need bespoke insurance?

The type and level of risks your business is exposed to can be varied and dependent on the services you provide, the equipment you use, the environment you operate in and how your business interacts with employees, customers and members of the public.

Finding the right cover and navigating around unnecessary costs doesn’t need to be time consuming or complicated. Our team is on hand to assess the unique risks in your business operations and provide you with recommendations and options before building a bespoke insurance programme that meets the precise needs of your business.

Why should Large Commercial businesses and SMEs choose Griffiths & Armour?

We recognise the value of time for every business owner. That’s why we collaborate with you to streamline the process of finding the ideal insurance coverage.

Understanding your risks and selecting the right insurance at competitive rates empowers you to manage costs effectively, providing the assurance needed to concentrate on moving your business forward.

Whether you’re a startup or a larger enterprise with multiple teams and locations, navigating through numerous insurance providers and quotations is onerous and time consuming. Our team extends our support beyond insurance. Whether it’s assisting in risk management to lower premiums or providing reassurance through our dedicated claims support team, we’re committed to consulting you as a trusted partner – it’s why many of our clients consider us a natural extension of their team.

Which classes of insurance should Large Commercial and SME Businesses consider?

Public Liability insurance

Business Interruption insurance

Disruption from a fire, theft, flood or other property damage can have a long-term impact, and your organisation can suffer if you’re unable to operate until everything is repaired or reinstated.

Business Interruption insurance protects your business, making sure you can continue delivering your services.

Directors and Officers Liability

Directors and Officers have additional responsibilities to employees, the public, investors and regulators. The purpose of Directors and Officers Liability (D&O) insurance is to provide financial protection for Directors and Officers against legal costs, judgments, and settlements arising from lawsuits, investigations, or regulatory actions related to their management decisions or actions taken on behalf of the company, brought against them personally.

Crime insurance

Crime insurance provides protection against fraudulent acts of employees and third parties, including Social Engineering.

Cyber insurance

Cyber insurance provides emergency response plus protection from financial losses and liabilities to third parties arising from a loss of data or breach of data security. Cover extends to financial losses arising from ransomware attacks

Beyond Protection

Beyond Protection is our end-to-end support designed to empower your business at every stage.

Our team gives you the tools to increase resilience and create peace of mind, no matter the challenge.

We mitigate potential risks and enhance long-term business operations through our cutting-edge risk management platform.

Risk management platform

We work closely with you to manage your claims efficiently, for a seamless experience.

Claims management

Our expert team uses leading insights to analyse macro and regulatory environments so we can help find cover for risks where others would struggle.

Market insight

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FAQs

Is my insurance programme keeping pace with the growth of my business?

As your business grows, exposure to threats such as cyber and crime will unfortunately also increase. Safeguarding your business through a period of growth by reviewing and auditing your existing insurance cover is highly recommended, as underinsurance can have a devastating impact on your business should the worst happen. Criminals are becoming increasingly sophisticated in their approach, and it is therefore imperative that existing and emerging risks are identified and addressed to protect and support a growing or established business. A bespoke approach is often required to achieve the right coverage, and that’s where Griffiths & Armour can help.

How robust is the insurance coverage for my business?

Is important to note that policy wordings differ from one insurer to another, and we frequently see insurance programmes with onerous restrictions, conditions and exclusions which could limit the cover should you need to make a claim. All claims are dealt with in accordance with policy wordings so the breadth of cover and understanding the limitations of your cover is key. Griffiths & Armour’s exclusive facilities, such as WorkSpacePlus+ and OfficeSpacePlus+, have been designed with the client in mind, to offer the benefit of comprehensive protection over and above ‘off the shelf’ insurance cover. We can also arrange cover bespoke to your individual circumstances, giving you peace of mind that your insurance does exactly what you need it to, so you can concentrate on running your business.

Does my Public Liability cover protect me personally as a Director?

Public Liability insurance provides protection in the event of claims from third parties for injury, or damage to their property, as a result of your business activities. It provides compensation as well as the legal defence costs. Public Liability Insurance does not cover claims against Directors and Officers of a business for Wrongful Acts, such as defending HSE investigations, and without the appropriate cover, personal assets can be on the line. Directors and Officers insurance is a type of liability insurance that provides financial protection in the event that directors and management are sued for wrongful acts committed in the course of their duties; protecting the personal assets of directors, officers, plus their spouses and estates of both public and private companies. Griffiths & Armour can talk you through the benefits and peace of mind that D&O insurance can offer and help you achieve the right coverage for you, your business and your personal assets.

"As the Managing Director of a busy production company getting the right insurance cover is critical to our business. Having worked with Griffiths & Armour for over six years I have found them to be professional, hard-working, honest and genuinely good people as advisers and intermediaries. Building and maintaining good relationships has underpinned our business with G&A at various levels across both of our organisations. I cannot recommend them highly enough as one of our trusted advisers."

Managing Director, Lappet Manufacturing