12 February 2021

Take control of your insurance to avoid an increase in premium or a reduction in cover

A current challenge on the horizon for our members is the hardening of the insurance market. However, a free review of your current insurance policy is part of the service provided by our new insurance partners at BPIF Insurance Services and there is no obligation to buy.

Generally the insurance market is hardening at a pace that hasn't been seen in that industry for over 20 years, following a perfect storm of reduced investment returns, increased claims costs, Covid-19 and reduced capacity.

In most cases, this is just leading to increased insurance premiums. However, the printing industry is also suffering from insurers taking away valuable cover that is critical to our members. This is happening at renewal time and the news is often hidden in the small print which, if we are honest, many people don't bother to read.

We went through a stringent review process in choosing our new insurance partner at BPIF Insurance Services.Their team of insurance experts (who understand our industry) will review your current policy wording and tell you if there are any potential gaps in cover and what this could mean for your business. You don't need to wait until renewal of your policy, they will do it for you today! All you have to do is send a copy of your current Policy Schedule to this email address [email protected] and they will report back to you within two workings days with a simple to understand review of your insurance arrangements.

Several of our members have fought to stay in business over the last 12 months and are currently navigating their way through this global pandemic. The last thing you would now want is an insurance claim for something that is normally insured not to be covered.

Speak to our partners today at BPIF Insurance Services to see if you have the correct cover in place.

https://www.britishprintinsurance.com/