Small Businesses and Insurance, a Working Partnership

Having the correct insurance products is vital for any sized business. Whether you are a massive corporate company or a newer SME, insurance often plays an essential role. As a Chartered Commercial Insurance Broker, we here at Watson Laurie are here to assist you with finding the correct policy.

In today’s article, we will be focussing on the smaller side of enterprise, with businesses that are considered to be SMEs. The easiest way to describe an SME is to use the definition that it is a business with fewer than 250 employees. It is reported that as off 2014, there around 5.2 million in the UK alone, most of which are considered a micro-business staffed by less than 12 employees.

It is these smaller businesses with less exposure to the larger markets and the lack of supporting funds which are considered to be the most at risk, especially when compared to their corporate counterparts. With a number of possible risks, the need for cover is vital.

As the insurance needs of the small businesses are quite varied, it is valuable to seek assistance from a reliable Chartered Commercial Insurance Broker such as ourselves here at Watson Laurie. Our expert team has exceptional knowledge when it comes to providing small business insurance services.

Whatever your industry, we here at Watson Laurie offer competitive and comprehensive insurance solutions. These include the main policy types designed for the below businesses, to name but a few industries and professions.

Retail
Hair and Beauty
Public Houses and Restaurants
Warehouse and Wholesale
Manufacturing
Group Travel and Personal Accident
Contractors

Make sure that you get in touch with us today for more information on how our Chartered Commercial Insurance Brokers can assist you and your business, and remember that small businesses and insurance make for a great partnership.