Excess of Loss Insurance

Protection for you, your business and your employees

Higher limit of indemnity insurance

If you need a higher limit of indemnity on your liability policy (usually an amount above the standard £10m for Employers Liability or £5m for Public or Products Liability) then you may need to look at an Excess of Loss policy.

These are stand alone policies that provides an increase in the protection for your business in the event of any major incident. Your normal liability policy will cover the initial claim amount with the top up policy able to cover any additional liability over and above.

New claim payouts are significantly higher

Legislation in 2017 changed the basis for the calculation relating to compensation where life-changing injuries have occurred. This has meant that claim payouts have been significantly higher, which in turn means that the chances of exceeding the standard limits of indemnity are higher. 

Major accidents can happen.

It is now more likely that a major incident that affects just a few people can exceed the standard liability limits of indemnity.

Need the best Excess of Loss policy for your business or organisation?

We deal with the UK’s top insurers who provide cover for a huge range of business and occupations with policies tailored to your needs.

Call our expert team of advisors on 0161 641 3229 to discuss all the options available to you and create a policy to meet your organisations needs