Social Enterprises.

Whether your Social Enterprise is long established or just in its infancy, you need to ensure that you have the right insurance cover in place.

As one of the leading insurance brokers in the UK for the third sector and as  a Supporter Member of both Social Enterprise Scotland and Social Enterprise UK,  we are well-positioned to help your Social Enterprise with its insurance and risk management needs.

What type of insurance does my organisation need?

As a social enterprise, the cover you need will very much depend on what your organisation does and may include: Public/Products Liability, All Risks cover for loss or damage to assets, Business Interruption (Loss of Income and Cyber. There are statutory covers too that you may require: Employers Liability including cover for any voluntary workers; Third Party Motor Vehicle insurance and inspection of certain items of plant and equipment where you own such assets or have responsibility for inspections within the terms of your lease.

Our role is to advise and help you with your cover needs and, as an independent insurance broker, we can source the most appropriate policy to meet those needs at a competitive premium.

How much will insurance cost?

There are many factors which affect the cost of insurance from the assets which you own or are responsible for and the range of activities/services that you operate.  Whilst cost is an important factor when arranging insurance, it is vital to ensure that your organisation has the appropriate cover in place.

We have created the Encompass Guide to Insurance for the members of your team who have the responsibility for arranging your Organisation’s Insurances.  For an explanation of the various covers available, please follow the link to go to the Encompass Guide to Insurance.

We would strongly recommend that your organisation seeks advice on its insurance needs and uses insurance as part of its overall risk management programme.  We would also recommend that your organisation has a business continuity plan in place, which we can advise you on developing.

For further information and advice about insurance for your Social Enterprise or to get a quote, please call us on:

0131 225 6005

You may also be interested in:

Cyber Insurance
Liability (Including Employer’s and Public)
Motor Fleet Insurance
Charity Insurance