Help us to quote your liability risk (and give you our best terms)

Including the right information in your submission makes it more likely that we will quote - and helps us apply our best terms.

Critical Information for Liability Risks

  1. Years trading or previous experience if a new venture along with details of the last three contracts (even new ventures can attract a discount if you can outline any previous experience)
  2. Last 5 years' turnover and 5 years' claims experience so we can assess any fluctuations (if a turnover has fluctuated this may not give a clear representation of the claims experience)
  3. % use of heat and type split by own work force and BFSC (Bona-Fide Sub-Contractor); this is a rating factor
  4. Any work involving "Asbestos Containing Materials" (ACMs) either by the insured or by a BFSC (this is a material fact - we are not looking to accommodate risks which involve handling ACMs)
  5. Full wages breakdown between clerical, manual away, manual premises, drivers, yardmen, site supervisors and fixed woodworking machinery (this allows us to accurately apply the right rates – otherwise we have to apply the higher manual rate to all staff)

Important Information for Liability Risks

  1. Split in business activities if more than one activity is undertaken (this allows us to accurately apply the right rate rather than allocate to the highest risk trade)
  2. Split in locations worked (Residential, Commercial, Industrial, Leisure, Offices, Schools) and maximum number of storeys worked on internally (this allows us to apply the right rates rather than allocate based on the highest risk location)
  3. Split of work above 10M from ground level and split of depth work below 1M, 3M, 5M (this allows us to accurately apply the right rates rather than allocate to the highest risk)
  4. Split between work in/on new build and existing buildings (this allows us to accurately apply the right rates rather than allocate to the highest risk)
  5. Payments to BFSC and what work they undertake on your client’s behalf (the rating factor is linked to the point re site supervisory wages – this demonstrates the controls the insured has on site)