Supporting A New Business
Supporting a new business.
Setting up a new business can be very challenging, and trying to manage costs at the early stages of the business is crucial to your success. Yet, it is also crucial that you get the right advice when it comes to your Business Insurance needs. Cutting corners here could be a costly mistake.
George recently provided support for a new Solicitor practise. Naturally, dealing in the legal market is a complex matter and The Law Society emphasise the importance of PI Insurance on their website. They state that: ‘New firms need to acquire PII before commencing to practice. It is important that you research your PII needs and which insurers might be willing to sell you PII early in the process of setting up a practice.‘
Many PI Insurers are nervous about taking on a new business as, by their very nature, they have no history to draw on. This is even more relevant in the Solicitor market. Fortunately, the Solicitor that approached George recognised how crucial it is that they work with a broker who understands the market and can help and advise them as to how they get the very best deal for their new business.
Please click below to read the full case study:
Case Study: Supporting A New Business
