Employers are responsible for the health and safety of their employees while they are at work. The Employers’ Liability (Compulsory Insurance) Act 1969 ensures that a company must have at least £5 million of insurance cover although most insurers offer £10 million as standard. Employers’ Liability Insurance enables a company to meet the cost of compensation for their employees’ injuries, illness or death whether they are caused on or off site. A company can be fined if it does not hold a current Employers’ Liability Insurance policy which complies with the law.
Public Liability Insurance covers a company for claims made against it by members of the public or other businesses, whilst it is not a legal requirement it is considered good business practice to have coverage in place.
For certain types of company, Employers' Liability and Public Liability Insurance can be purchased as part of an Office Combined Package Policy.
Protean were recommended to us by one of our industry contacts and were able to find the right solution for us where other brokers had failed. We would highly recommend them.
We recently have used Protean to provide our insurance needs for our FCA regulated Firm. They made the process quick and straightforward. We had a better deal than we were being offered by other insurance brokers. We have been very satisfied with the services provided by the team at Protean and would certainly recommend them to other regulated firms.
We engaged Protean to provide the full range of insurance for Crowdcube. As a rapidly growing business, we needed a specialist broker that can provide the depth of expertise, whilst retaining a personal service and having been personally introduced to Protean, we are delighted that they have met all of our expectations and we would happily recommend them.