Business insurance

Insurance is an important consideration for any UK-based small business, whether you run a busy consultancy firm, local architect office or hair and beauty salon. Buying the right policy allows you to focus on what you do best, while we help to protect you against fundamental business risks. Get a quote tailored to your workplace needs in minutes with Hiscox.


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Why choose Hiscox to protect your business?



Flexible cover from £8.40 a month*Our small business insurance quotes start at £8.40 per month and we’ll work with you to find tailored cover.

*Figures based on an average of all business insurance policies sold to at least 10% of our customer base between January 2023 and January 2024


Business SupportHiscox business insurance goes above and beyond, providing access to supplementary information and support through the Business Support Hub and CyberClear Academy.


Award-winning service

Proud winners of the Feefo Platinum Service award in 2024, Hiscox is rated 4.7/5 by real customers on Feefo over the past year, with 3459 total reviews.

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What is business insurance?

Business insurance, also known as commercial insurance, is a tailored policy designed to safeguard small businesses against certain losses and risks that can emerge during the normal course of business activity.

With Hiscox, there are several types of cover to choose from, including professional indemnity, public liability and employers’ liability insurance, as well as specialist policies for your business contents, and to help in the event of a cyber-attack.

Bespoke business insurance policies can prepare you for the unexpected such as disruptive data loss, compensation claims or specialist equipment damage and protect your firm should things go wrong.

Do I need business insurance?

UK companies that employ staff may need to hold a certain type of business insurance – employers’ liability insurance – by law. Other policies, such as public liability cover, can offer invaluable reassurance and protection. 

Business insurance is there for anyone and everyone who provides a professional service and might be at risk of having a claim brought against them.

Our policies can help a wide spectrum of businesses, start-ups and mid-size firms with headcounts as high as 100 when faced with claims of negligence, defamation, accidental breach of confidence or intellectual property infringement. Other types of commercial insurance can help to recover your IT systems and safeguard property and specialist equipment.

From slips and trips to workplace illness, even if you and your business are not at fault, costs can start to add up without a policy in place.

Seamless process. Thank you for the services which you provide. I will definitely recommend Hiscox to other small business owners.
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Who we cover

Hiscox offers specialist cover for all kinds of companies, from new micro-businesses to family enterprises and growing SMEs, across a wide range of industry sectors.

Sole traders and the directors of limited companies can both benefit from our commercial covers.

In fact, Hiscox business insurance can support UK-based firms that trade with tools as well as those dealing in services, professional advice and knowledge.

This means plumbers and carpenters can benefit from our products. As can software developers, accountants and marketing and media agencies.

We even create customised small business insurance cover for more unique needs. This applies for environmental consultants, publishers and charities. Together we can create a policy to suit your business.

You can choose covers that protect you if:

  • Someone in your business makes a mistake that costs your client time and money
  • You use intellectual property rights like a trademark without permission – it’s easy to do without realising
  • You or an employee makes false or damaging claims about a person that you thought were true
  • You accidentally share sensitive client information without realising, or without permission.

We insure over 400,000 businesses, based on the number of policies sold in 2022.

Business insurance for your profession

With Hiscox, business insurance can be tailored to your trade or profession.

Get the right cover

Tell us what you do

First of all, tell us what you do

You've told us:

Looks like you're having trouble finding an exact match.

We may be able to offer you cover based on your business sector.

Looks like you're having trouble finding an exact match.

We may be able to offer you cover based on your business sector.

Your industry
Your turnover

Types of business insurance cover

Professional indemnity

Professional indemnity insurance is there to offer protection and support if you or an employee are alleged to have been negligent, or if a client believes you got something wrong that led to financial or reputational damage. We’ll be there to help with compensation costs and legal fees so you can get on with running your business.

Learn more about professional indemnity insurance.

Public liability

Public liability insurance protects you and your business if someone claims their property has been damaged, they were injured or fell ill because of you or one of your employees. Whatever you do for a living, accidents can happen, and they're not always directly related to the job. If a customer, courier or passer-by makes a claim, a public liability insurance policy covers any legal and compensation costs.

Learn more about public liability insurance.

Product liabilityYou can purchase product liability insurance alongside your public liability cover. Product liability supports your business if you’re held liable for injury, illness or damage caused by a defective product. It you’re involved in the design, production, manufacture, repair, alteration or supply of a product, this insurance type can offer extra liability cover.

Learn more about product liability insurance.

Employers’ liability

Employers’ liability insurance may be a requirement under UK law for most business groups. It makes sure you’re protected if an employee is injured on your premises or becomes ill and they claim it’s because of something that happened at work. As well as full-time employees, you might also need cover for part-time staff, volunteers and casual helpers. An employers’ liability insurance policy minimises disruption by helping with the costs of defending or settling a legal claim. Employment practices liability is slightly different and protects the managers of a business against employee claims.

Learn more about employers’ liability insurance.

Cyber and data insurance

Cyber and data insurance could be especially important for anyone who uses data – including computer programmers and marketing professionals. Any business can face a cyber-attack and it can take time and money to put things right – that’s what our cover is there for. Cyber cover can also protect against claims arising from data breaches and crime. Some businesses can also add optional cyber business interruption cover. Depending on your annual turnover, this may help with costs if your business can't operate because of a cyber event.

Learn more about cyber insurance.

Personal accident insurance

People power is everything for the UK’s small businesses and particularly for micro-businesses including start-ups. That’s why personal accident insurance could be so important – if you or an employee is unable to work due to an accidental injury, we’ll keep your business healthy with up to £250 per week. If a serious accident affects your livelihood, this type of cover also pays out a lump sum. It helps you safeguard against the ultimate ‘what ifs’.

Learn more about personal accident insurance.

Hiscox can also provide other types of commercial insurance, including legal protection cover and business contents insurance. Taking out specialist insurance can be a good idea in some fields. Find out more about what we cover.

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Why Hiscox business insurance?

Why choose Hiscox? Because when things go wrong, we’re the small business insurance experts, experienced in putting things right. You work hard to build your business, so we work hard to help you look after it and protect your good name.

Whatever you do for a living, we offer superior service and continual innovation, as seen with our CyberClear Academy. We provide an award-winning service too, as proud winners of the Feefo Platinum Trusted Service Award in 2023. This independent seal of excellence is rated by real customers.

With a range of cover limits and specialist claims teams on hand to get you back up and running, you can rest assured, you’ve got the right cover in place. But don’t just take our word for it – go check out our reviews and ratings on Feefo (external link).

You can also browse our business insurance reviews’ page to see how our customers feel about working with us and our business case studies for some real-life examples of how we’ve helped UK-based businesses just like yours.

We know that with the right insurance, your business can flourish even when faced with a challenge. Get an online quote for business insurance today to find out how Hiscox commercial cover can keep your empire healthy.

There are a range of ways to contact us for business insurance guidance.

Business insurance FAQs

Is business insurance a legal requirement?

Some types of business insurance, such as employers’ liability cover, might be required for most companies under UK law. While others are not necessarily a legal requirement, they may be seen as a safeguard. Such as public liability insurance. This cover can help protect you against costly claims made against you or your business.

How much does business insurance cost?

The total cost of your business insurance policy is dependent on the type of cover you need, the value of that cover, and any risks specific to your company operations or industry. With Hiscox, small business insurance quotations start from just £8.40 per month*, so protection is affordable, whether you’re just starting up or you’re a seasoned entrepreneur. Find out more about the cost of business insurance here.

*Figures based on an average of all business insurance policies sold to at least 10% of our customer base between January 2023 and January 2024

Can I get business insurance before registering my business?

You can get business insurance before your limited company is officially registered, which is great news for start-ups, since it offers full protection from day one of trading. When you set up a new business, taking out insurance might be one of the first things you do to ensure any property, vehicles, IT systems and liabilities are taken care of. We can help your business thrive from the very beginning.

How long is a quote valid for?

An online quote for Hiscox business insurance can be saved for later – you’ll just need to create an account and log in to retrieve it. Quotes are valid for 45 days after they are produced. If you aren’t ready to purchase cover just yet, opt for us to stay in touch when you choose cover and we’ll keep you updated with the latest products, price points and special offers.

Can I get business insurance without a trade licence?

It is possible to take out business insurance before you receive your trade licence. This offers the reassurance that you’re covered as soon as you launch your business. However, it’s important to note that your insurance policy might be invalid if you begin trading before your trade licence arrives with you, meaning potential claims might not be paid to you.

What are some real-life examples of Hiscox business insurance claims?

We’ve helped customers with cases such as the software professional accused of sub-standard development work and also the wildlife photographer whose photography kit was stolen by baboons. Whether you need a professional indemnity insurance policy or portable equipment cover to fall back on, read through our business insurance claims stories to gain a clearer picture of how small business insurance can protect you, in all sorts of circumstances.

coloured note cards stuck to glass meeting room door

The ultimate guide to managing a small business

Running a business takes guts and determination – it’s a thrilling ride, with ups and downs along the way. To stay successful through challenging times, it may help to do your homework.

Read our guide to managing small business risk in association with Courier magazine to make sure your small business doesn't get caught out.

man reading from notepad in front of business laptop

‘Claims made’ vs ‘claims occurring’ – understanding insurance jargon

Business insurance policies can be written on two bases – 'claims made' or 'claims occurring'. Knowing the difference and understanding how this relates to the period a policy covers is important should you need to make a claim.

Read our guide to understanding insurance terms to stay in-the-know.

sole trader completing paperwork from home office

What type of business insurance does a sole trader benefit from?

There is a wide range of insurance available to help small business owners secure clients, protect employees, or simply sleep more soundly at night. But what sort of insurance is available for sole traders?

Preparing to go it alone? Learn about insurance for the self-employed before you get started.

computers with code on screen

The small business guide to cyber-attacks

In an increasingly digital landscape, cyber-attacks allow criminals to extort money from small businesses and can even be used for spying – yet some SME and micro-business owners still don’t know what an SQL injection is or how to spot phishing.

Our FAQ guide to cyber-attacks for small businesses runs through the basics, key statistics and some things you can do to stay safer online.

employer shaking hands with injured employee

Employers’ liability certificate: What you need to know

Some types of business insurance, including employers’ liability and public liability covers, are so fundamental for many small businesses that they come with their own certificates in the UK.

Read this explainer to learn more about the employers’ liability certificate and how to display yours correctly.

men in meeting

What is trustees’ insurance, and why is it important?

Business insurance typically protects the interests of a company or trading entity. However, sometimes a personal version – known as management liability cover – becomes relevant to protect leaders from personal risk. Such people might include the directors of small businesses and non-profit trustees.

Charlotte Lawson sheds light on a lesser-known type of commercial cover, outlining the importance of trustee insurance.