Small Business

Business growth often brings about more complex risks. IBWIL offers flexible insurance solutions for small businesses, which are easy to arrange and can provide peace of mind.

Managing a successful business takes time and dedication, so the last thing you may need is to be chasing insurance quotes from multiple companies. Knowing you have the right cover in place at a reasonable price can give you the peace of mind you need to focus on running your business.

Organizing insurance for your business does not have to be complicated. IBWIL specializes in providing insurance for small businesses: Whether you are sole trader, have a handful of employees or teams of people, you can rest assured that using our services can help save you time and effort. We offer solutions across a wide range of industries from retail, sports and leisure, through to oil and gas.

While several local insurers have started offering “multi package insurance products” which is usually one policy which covers your Buildings, Contents, Stock, Workmen’s Compensation and Public/Products Liability we are wary of offering such a product to our clients. Often times the limits of liability are wholly inadequate in respect of the liability policies which can leave you exposed to an uninsured loss. Further, insurers are rather inflexible in agreeing to any customization of such products preferring to adopt a “one size fits all” approach. Inevitably this approach leads to significant gaps in cover. While such policies do offer a savings in premium the disadvantage is that any uninsured losses will affect the client’s cash flow.