Commercial Insurance

Online Retail Insurance is an important consideration for any internet retail website and ecommerce business who are selling, importing and exporting products worldwide. Online Retail Insurance is a specialist package of covers which have been tailored specifically for ecommerce businesses.

The main element of risk that online retailers face is in relation to Products Liability insurance. This covers the cost of compensating anyone who is injured by a faulty product that your online business designs, manufactures or supplies.

We can offer bespoke online retail internet insurance packages including our Amazon Merchant FBA Retailer and EBay Sellers insurance programmes. We offer online business insurance quotes to cover online retailer insurance, cargo insurance dropshipping and shipping insurance, fulfilment centres and import insurance plus many other aspects of internet traders insurance.

Online retail insurance standard cover can include:

• Products / Public Liability
• Stock – cover available for goods stored at home as well as in Third Party storage locations / fulfilment warehouses

In an age where a stolen laptop or hacked account can instantly compromise the personal data of thousands of clients and customers, or an ill-advised post on a social media site can be read by hundreds in a matter of minutes, protecting yourself against a cyber attack and from cyber vulnerabilities is just as important as some of the more traditional exposures businesses account for in their general Commercial Insurance policies.

Crendon Insurers offers bespoke Cyber Attack insurance packages that are specifically designed to address the risks that come with using modern technology – risks that other types of commercial business liability insurance simply will not cover.

Cyber Liability insurance policy can cover:

• Damages following security failure or breach of Data
• Ransom & Extortion
• Costs to engage specialist organisations to minimise any loss of reputation
• Insured GDPR fines and defence costs

Crendon Insurance are specialist providers of data protection insurance which is a must for businesses who are looking for the robust protection against cyber vulnerabilities.

Data Protection Insurance has been developed to try to counter some of the potentially far reaching consequences of data leaks and breaches.  These have been linked with access to cyber incident response services from industry specialists as well as breach coaching and public relations management.

The GDPR insurance policy insurance can cover:

• Damages following security failure or breach of Data
• Ransom & Extortion
• Costs to engage specialist organisations to minimise any loss of reputation
• Insured GDPR fines and defence costs.

Businesses automatically think of protecting assets such as buildings and stock, however protecting your ideas with Intellectual Property Insurance safeguards the Intellectual Property rights of a product within the design stage as well as during commercialisation.

IP Insurance usually contains the following key features:-

• Patent Infringement Liability - This covers costs associated with patent infringement claims being brought against you, including legal costs, damages, settlements and counterclaims

• Pursuit of Infringers - This covers costs associated with enforcing rights if someone infringes on your intellectual property

• Loss of Profit - Cover for loss of profits can be critical for small businesses with only a single or a small handful of product lines.  In the event that you lose an infringement case and it results in an injunction against you, the insurance provides cover for your resulting loss of profits for up to 12 months.

• Loss of Intellectual Property Right Cover - Investment in Intellectual Property costs a great deal.  If a right is invalidated as a consequence of infringement action, the insurance can repay that investment allowing the Business to expand.

Here at Crendon Insurance, we cover many different aspects of technology exposures to create individually tailored and bespoke insurance packages for all types of Technology and Software providers. We are specialists in providing insurance advice for many different types of software developers, hardware engineers, data processors and Internet of Things (IOT) smart device technology creators.

Our core Digi Tech insurance cover can include protection against:

• Breach of Contract
• Third Party Bodily Injury & Property Damage claims arising from the use of technology services
• Intellectual Property Rights infringement
• Cyber & Privacy exposures including first notification under GDPR and incident response

Are you a manufacturing company & looking for 3D Printing Insurance?

We offer 3D Printing Insurance cover to businesses who utilise the process of 3D Printing or Additive Manufacturing and those looking at new processes – how and where they can apply this technique to develop and produce product components of the future.

Our unique & bespoke 3D printing insurance packages assess the risk and liability involved in terms of reproducing components such as possible dangers from design faults, accidental injury and respiratory issues for employees working with printing powders.

We offer a range of 3D Printing Insurance Packages to companies who are looking to manufacture and supply through mainstream distribution channels, including those industries such as:

• Research & development (R&D)
• Medical
• Automotive
• Construction
• Engineering
• Architectural & design
• Creative artists

The provision of construction insurance for the construction sector is very much linked to the requirements and obligations of the contract conditions, typically associated with JCT and NEC. Our specialism in this area of construction insurance has been built up over many years and through our expertise we are able to provide help and guidance on a number of key areas within the insurance legalities for the construction industry, these include:-

• Contractual obligations
• Professional Indemnity
• Collateral Warranties
• Performance Bonds
• Liability Insurance

We are able to arrange Construction Industry Insurance policies on a 12 month annual cover basis, which are specifically designed for to cover Main Contractors Liability, Builders Liability and all allied trades including Tradesman Insurance, ensuring adequacy and competitiveness of insurance for your business.

• Main Contractors/Builders
• Civil Engineers
• Mechanical and Electrical sub-contractors
• Heating and Ventilation and Air Conditional sub-contractors
• Developers
• Shop Fitters and Refurbishment Contractors
• Architects and Structural Engineers
• Flooring Contractors
• Individual Tradesman

The successful provision of commercial business insurance cover depends almost entirely upon the quality, dedication and integrity of the individuals concerned and we attach great significance in ensuring that every aspect of the work we undertake is both promptly delivered and carefully considered.  Our broking services are as individual and bespoke as your business is and we welcome all enquiries from small businesses up to large corporations, across the UK.

Our commercial liability insurance cover is designed for our clients to embrace the protection of both business assets and legal liabilities. Careful consideration is given to the risks faced by our clients as a company’s assets may not only encompass buildings and require cover for property damage, but also cover for machinery and stock and when it comes to breakages & damages or theft.

Our Commercial Liability Insurance can cover:

• Benefit Advice & Insurance Protection
• Employer Liability
• Public Liability
• Property Owner’s Liability
• Accidental Loss
• Potential Losses through unforeseen circumstances
• Theft
• Liability
• Property Damage
• Business Interruption
• Injury