Insuring Your Business

Who Should Attend / Learning Outcome

All businesses large and small need insurance against risks that might threaten profitability, such as theft of equipment or a work-related injury to essential staff.

Small businesses are potentially more vulnerable to the impact of such incidents but even largest of concerns can be severely compromised if they do not possess the resources for unexpected expenditure.

This course acts as a ‘checklist’ and will benefit any stakeholder in a business with an interest or obligation to legally ensure compliance and preparation. The optional types of insurance are explored and delegates will develop a critical perspective on what is essential as opposed to desirable.

Course Content

• What insurance is compulsory for your business
  
• A few insurance horror stories!
  
• Choosing an insurer
  
• Identifying, measuring and managing risk
  
• How long should I keep certificates of insurance?
  
• Types of business insurance
  
• Buildings and contents
  
• Computer insurance
  
• Business interruption
  
• Litigation insurance (customer and employee)
  
• Personal and public liability insurance
  
• Professional indemnity and product liability
  
• Calculating appropriate levels of cover and excess
  
• Associations and Professional bodies
  
• Further sources of information