Business Insurance
You've worked hard to build your business. Business insurance can help protect your property, income and operations when unexpected events put what you've built at risk.
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1200+
Businesses covered
250+
Referral partners
98%
Retention rate
What is Business Insurance?
Business insurance is a broad term for insurance designed to protect a business against the risks it faces in its day-to-day operations.
Depending on your business, this might include cover for property, stock, equipment, liability, theft and loss of income following an insured event. The right combination of cover depends on what your business does, what it owns and how it operates.
Surety Risk Solutions takes the time to understand your business before discussing insurance. We look at your activities, assets, premises, revenue and the risks that could have a significant financial impact, then help you consider cover suited to your circumstances.
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Protection Across the Key Areas of Your Business
Business insurance can combine several types of cover within one coordinated solution. The protection you need will depend on your operations, assets and individual risk profile.
Protection Across the Key Areas of Your Business
Every business is different. Your insurance should reflect the assets you rely on, the risks you face and what could happen financially if your operations are disrupted.
Business Interruption
Protection for certain loss of income and additional costs when an insured event disrupts your business and affects your ability to operate.
Theft & Money
Depending on the policy, cover may be available for theft of business property, stock and money, subject to policy terms and security requirements.
Glass & Other Business Risks
Business insurance can bring together a range of additional covers depending on your operations, premises and the risks your business needs to protect against.
Protection for Businesses of Every Shape & Size
From sole traders to established companies, every business faces risks that can affect its assets, income and ability to keep operating. The right insurance should reflect how your particular business works.
Retail & Hospitality
For shops, cafes, restaurants and other businesses with premises, stock, equipment and regular interaction with customers.
Trades & Contractors
For businesses relying on tools, equipment and other assets to deliver services across customer locations and worksites.
Professional & Service Businesses
For offices and service-based businesses relying on premises, equipment, technology and people to continue operating.
Growing Businesses
For businesses whose turnover, assets, staff, premises or activities are changing and need insurance that can evolve with them.
Let's Start the Conversation.
Whether you're a business looking for commercial insurance or an adviser looking to broaden what you offer, the first step is the same. Tell us a little about the situation and we'll put you with the right specialist.
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A Clearer Way to Arrange Business Insurance
Good insurance starts with understanding the business. We take the time to learn how yours operates before considering the cover and insurance markets that may be appropriate.
01. Understand Your Business
We start with a conversation about what you do, where you operate, your revenue, assets, employees and the things your business relies on every day.
02. Identify the Risks
We consider what could cause a significant financial loss, from damage to property and equipment to an event that prevents your business from operating.
03. Approach the Insurance Market
Surety Risk Solutions approaches suitable insurers and underwriting agencies and considers available cover, limits, excesses, conditions and exclusions.
04. Explain Your Options
We explain the available options in plain English so you understand what is being offered and can make an informed decision about your insurance.
Why Surety Risk Solutions?
We believe arranging insurance should start with understanding your business, not simply asking what you paid last year. Our role is to help you make informed decisions about protecting what you've built.
We Take the Time to Understand
We ask questions about how your business actually operates so the insurance market receives a clear picture of your activities and risks.
Access to Insurance Markets
We work with insurers and underwriting agencies to identify suitable insurance options rather than assuming one solution will suit every business.
We Look Beyond the Premium
Price matters, but so do cover, limits, excesses, exclusions and policy conditions. We help you consider the overall insurance solution, not simply the cheapest quote.
We're Here Beyond Placement
Businesses change and claims happen. We remain available throughout the policy period to help with changes, renewal and the claims process when you need us.
Your Questions, Answered
Understanding your insurance options can feel complex. Explore answers to some frequently asked questions about cover, costs and what to expect when arranging insurance with Surety Risk Solutions.
What is business insurance?
Business insurance is a broad term for insurance designed to protect a business against the risks it faces in its day-to-day operations. Depending on the business, this might include cover for property, stock, equipment, liability, business interruption, theft and other risks. The right combination of cover will depend on what your business does and how it operates.
What types of insurance should a business consider?
There isn't one insurance package that's right for every business. The cover you should consider depends on factors such as your industry, activities, assets, employees, customers, contracts and how your business generates revenue. A good starting point is understanding what could cause a significant financial loss to your business and then considering how those risks can be managed or insured.
What does business insurance cover?
Business insurance can cover a range of risks, including damage to business property, theft, liability to third parties and loss of income following an insured event. The cover provided depends on the sections selected and the policy wording, so it's important to understand exactly what is and isn't included.
How much business insurance do I need?
The amount of cover you need should reflect the potential financial impact of a loss. For property, this may mean considering the full replacement value of your assets. For business interruption, it means understanding how long the business could be affected following a major loss and the financial consequences during that period.
How is the cost of business insurance calculated?
Insurers consider a range of factors including your occupation, turnover, location, claims history, property values, business activities and the cover and limits you require. Two businesses with similar turnover can have very different insurance premiums because the risks they present can be quite different.
What information do I need to get a business insurance quote?
Generally, we need to understand what your business does, where it operates, its turnover, number of employees, assets, claims history and the covers you require. Depending on your business, we may ask additional questions. The better we understand your business, the better placed we are to approach the insurance market.
What is business interruption insurance?
Business interruption insurance can help protect the income of your business following certain insured events that disrupt your operations. Depending on the policy, it may help cover lost income and additional costs incurred while the business recovers. Selecting an appropriate indemnity period and insured amount is an important part of arranging this cover.
Should I review my business insurance every year?
Yes. Businesses change. Turnover grows, equipment is purchased, staff numbers change, new services are introduced and businesses move premises. An annual review gives you an opportunity to make sure your insurance continues to reflect how your business operates today.
Still have questions?
Every situation is different, and you may need guidance specific to your circumstances. Speak with Surety Risk Solutions for clear, practical answers and help exploring suitable insurance options.
Let's Start the Conversation.
Whether you're a business looking for commercial insurance or an adviser looking to broaden what you offer, the first step is the same. Tell us a little about the situation and we'll put you with the right specialist.