Why does a sports, leisure or outdoor equipment manufacturer need insurance?
A business will purchase insurance to provide protection should disaster strike: equipment breakdown, injured employee, product faults, flooding, computer hack, burglary. The right insurance policy will cover your financial losses, defend legal disputes, provide support, ensuring your business can continue with minimal disruption.
No two manufacturers are the same, so there is no ‘one size fits all’ when it comes to insurance and you should get the insurance that suits your specific needs. While there are some covers we recommend as a minimum there are a number of additional areas you might want to consider such as cyber liability, product recall, efficacy, management liability, personal accident, goods in transit, trade credit et al. Where outdoor equipment is safety critical, it is especially important to get the right cover.
We also work very closely with our sister company Sutcliffe & Co Insurance Brokers – with our sports insurance knowledge, and their commercial insurance experience, we can help find you the right cover at the right price.
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