Business insurance for Start-ups

Business insurance for start-ups ensures the costs are covered if certain claims are made against you, so you can concentrate on the job in hand. It provides the reassurance entrepreneurs need in order to focus on growing a successful company – from business consultants to web designers.

Every start-up business, no matter the size, could face risk at some point, but when you’re just starting out, it’s a steep learning curve and you can encounter unexpected losses.

You’ve made the brave decision to transform your idea into a business, so it’s important that you protect that ambition with the right business insurance cover. With Hiscox, you can create comprehensive, tailored cover to face any issues a quickly developing business might encounter.

There are numerous policies for start-ups such as cyber insurance, professional indemnity and office insurance. Whether your expertise is in technology or management consultancy, building the right cover for your start-up can safeguard your business against the unforeseen situations no one can plan for.

Business insurance is essential for any start-up. While being in charge is liberating, it also means if anything goes wrong, the responsibility to fix it falls with you. A simple accident could have a significant financial impact on a small venture and legal fees can quickly escalate.

Putting a robust start-up policy in place can protect you when it matters most. If a client claims you offered them poor advice for the design of their website, or your computer system faces a data breach, start-up cover offers a helping hand to keep you on track.

There will always be things you can’t foresee in the early days of scaling a business – and some of these could end with a claim being made against you. Whether a client trips on loose flooring or your office is broken into, great cover prepares you to quickly bounce back. Our business insurance can be tailored to meet the needs of your start-up.

Embarking on your start-up journey is exciting, but it comes with risk – so you’ll want to be protected from the moment you begin trading. That’s why you can get start-up company insurance before you’ve officially registered the business.

If things go well, whether your HR consultancy business is booming, or your app development requests are through the roof, you may need to share the workload. As soon as you employ anyone other than yourself, you might be legally obliged to have employers’ liability cover.

Safeguarding everything from the equipment you use to your reputation will offer priceless comfort. The cost of not having business insurance for your start-up could send you back to square one – getting covered straight away ensures your hard work doesn’t go to waste.

It could be important to build a flexible package of cover to suit your new business. You’ll likely work with data and have work premises, so both cyber and office insurance are key covers. But directors’ insurance can also be beneficial for start-ups – and personal accident cover is important when everything rests with you. Learn more about the types of business insurance we offer.