Cover for exposures that fall outside standard commercial lines.
Specialty insurance covers exposures that fall outside standard commercial lines — unpaid receivables, high-value stock in a showroom, employee dishonesty, cancelled events, cash in transit. These risks are real but do not fit neatly within property or liability cover, and require insurers willing to underwrite them individually rather than apply a standard wording.
Every business carries exposures specific to how it operates. A jeweller’s risk profile has little in common with an event organiser’s, and neither is adequately addressed by a standard commercial package. Trade credit in particular protects what is often the largest current asset on the balance sheet and the only major one left uninsured.
Specialty exposures are usually identified only after a loss. Businesses hold property and liability cover as a matter of course, then discover that the actual loss — a customer insolvency, a dishonest employee, a cancelled event — sat outside both. A proper risk review identifies these before rather than after.
Each placed across our insurer panel and structured around your actual exposure rather than a standard template.
If your operations fall into any of these, this category is likely relevant to your risk profile.
Non-payment by customers due to insolvency or protracted default. It also provides ongoing credit assessment of your buyers, which functions as early warning.
Cover against financial loss caused by dishonest or fraudulent acts of employees — typically embezzlement or theft by those in positions of financial trust.
A specialist package for jewellery businesses covering stock in premises, in transit, in safes and at exhibitions — risks a standard property policy handles poorly if at all.
Where significant cost is committed ahead of an event. It covers cancellation, postponement and abandonment due to causes beyond the organiser’s control.
Yes, and also cash in transit to and from the bank, subject to declared limits and any security conditions the insurer imposes.
Premium reflects the specific exposure. Trade credit is usually a percentage of insured turnover; fidelity and money cover are generally modest relative to the loss they prevent.