Planning for the future: an insurance guide for SMEs

The ongoing COVID-19 crisis is posing a number of challenges to smaller businesses that are struggling financially and operationally. One of these challenges has been insurance and its role in enabling businesses to operate with confidence.

As society recovers, the insurance industry will have a key role to play in supporting smaller businesses’ insurance needs, helping firms like yours to find solutions that can protect you from unexpected risks in the future.

Planning for these risks is an integral part of any business. However, understanding the types of cover needed and establishing which is the right solution for you can be difficult. That’s why we’ve released a practical guide to explain your options in an easy-to-digest way.

This SME insurance guide, produced in collaboration between the CBI, the British Insurance Brokers’ Association (BIBA) and the Association of British Insurers (ABI), is designed to help you understand:

• The importance of managing risks and the role of insurance
• How to choose the right cover for your business
• The types of insurance cover available to you
• How to make a claim
• Top tips for selecting the right insurance and best practice.

Download your practical guide and discover how to best protect your business for unexpected risks in future.

For more tips and resources on insurance for SMEs, visit:

• Association of insurance and risk managers (Airmic) library
• National Cyber Security Centre
• ABI COVID -19 Hub
• BIBA website.