Wilby Protect
SMARTER INSURANCE FOR YOUR 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?
The Wilby Solution
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.
With costs starting from as low as 40p* a day can you afford not to find out more?
Contact us now for a free no obligation quote.
*Based on £100,000 indemnity limit for Management Liability Cover only.
