Umbrella Insurance Products
At our Manchester headquarters we have a dedicated team of qualified advisers who attend to our umbrella company clients’ insurance programmes. Umbrella Insure provides comprehensive cover to your Umbrella company through the following business insurance products:
Professional Indemnity Insurance
No matter how professional, experienced and cautious you are, mistakes can happen. Any business that provides a service to customers should consider professional indemnity insurance. The policy we offer is “any one claim” and not “in the aggregate ".
Sometimes referred to as PI insurance or professional liability insurance, this is an important type of cover for businesses, freelancers and contractors. Our PI insurance policy provides protection for your business if a client is unhappy with your work or advice. It also covers legal costs and expenses in defending a claim as well as compensation payable to your client for loss or damages.
Umbrella Insure provides PI insurance at £5m as standard. Other levels of indemnity are available on request.
Public and product liability insurance is essential cover for businesses that regularly deal with clients and members of the public. It covers personal injury or damage to property arising from actions by workers.
Employers' liability insurance is one of the main types of business insurance, and most employers are legally obliged to take out a policy. It can pay compensation costs and legal fees if an employee or ex-employee sues for illness or injury caused by their work.
Directors and Officers Liability
Directors and officers (D&O) insurance policies offer liability cover for company managers to protect them from claims which may arise from the decisions and actions taken within the scope of their regular duties.
Any allegations of wrongdoing need to be investigated and defended, and this can cost a significant amount even if the case doesn’t reach court. This means directors' and officers' personal finances are at risk, so it’s essential companies provide protection through directors and officers (D&O) liability insurance. We offer EPL as standard.
This protects the Company for defence costs arising from defending a Corporate Manslaughter action. Insurers shall indemnify the Company against that part of any Loss comprising of Defence Costs incurred by the Company in respect of corporate manslaughter (or other similar or equivalent criminal offence in any jurisdiction in which the Company operates) related criminal proceedings arising from a Wrongful Act or Investigation.
In the event of damage to a vehicle which arises whilst the vehicle is being driven by a temporary worker supplied by the insured which occurs during the Period of Insurance and is subject to the policy terms, conditions, exclusions and there is a drivers negligence agreement in force relating to the cover being operative.
Plant Operators Negligence
In the event of damage to a plant item occurring on site which arises whilst such item is being driven by a temporary worker supplied by the insured which occurs during the Period of Insurance and is subject to the policy terms, conditions, exclusions and there is a negligence agreement in force relating to the cover being operative.
Personal Accident, Sickness & Travel
Injury or illnesses may prevent you carrying out your work and without work you may run into financial difficulties. Our innovative policy provides financial help should you suffer from an injury or illness and also has the ability to incorporate cover for business and holiday travel worldwide in any one year for you and your family.
Bespoke Extensions and Uplifts in cover
We have authority in the vast majority of cases, to agree and write bespoke cover extensions and uplifts in limits of indemnity provided for either for the entity or individual agency contracts or even individual contractors with immediate effect. This negates the event of waiting for an insurer’s decision and potentially loss of business.
In particular we have written such extensions and uplifts for industries such as Medical, Rail (including safety critical), Construction, Site security personnel and Drivers/Plant Operatives to name a few.