Corporate insurance
Choosing the right protection is an important decision for any business. We know the stresses and major impacts a theft, flood or a fire can do to your business.
Here at Wilby, we want to give you peace of mind and reassure you that we have a dedicated team ready to get the corporate cover you need.
We negotiate with the world's leading insurers to get the business cover you need at the most competitive price and have dedicated teams for large corporate clients and SMEs.
Our philosophy is to view insurance as part of an overall risk management programme. We have the capability to provide specialist risk management services that identify and attempts to efficiently control the risks faced by a business.
Why is adequate corporate cover so important?
To protect your business, getting adequate corporate insurance cover is vital.
In the event of a major loss, your business will be well protected so that you can continue to trade. Having such cover will ensure that there is minimum destruction to your business activities.
Risky Business…
Most companies in the UK will insure against traditional threats to their business such as Fire, Flood or Theft but what about new threats generated internally from disgruntled employees or externally by statutory bodies such as the HSE?
It is estimated nearly 40,000 employees are losing their jobs every month, leading to a 25% rise on employment claims as employees sue for unfair, wrongful or constructive dismissal. The compensation awarded by tribunals can run to hundreds of thousands of pounds in addition to significant defence costs.
According to KPMG, fraud by managers increased 237% and by employees by 370% in 2008 to a total figure of £182m. Companies also faced a 264% increase in fraud committed by their own customers.
The Health and Safety (Offences) Act 2008 came into effect in February 2009 and included for the first time the penalty of prison for directors for H&S breaches.
With ever increasing legislation putting a greater burden on employers and offering employees more and more protection can you afford not to take action now to protect your business?
Wilby Protect
Wilby Protect is a suite of bespoke policies underwritten by one of the world’s largest insurers, designed to help protect and defend you and your business from the type of risks outlined above.
For more information on The Wilby Solution please click here.
Get in touch…
If you are a business owner and you currently have no insurance or risk management and healthy & safety policies in place, or even if you suspect that your current measures are not compliant with current legislation – you could be operating in violation of the law, endangering both your customers and your staff.
To arrange a free consultation with a Wilby Ltd Corporate Insurance specialist, call 01422 358 525 or complete our contact form.