Preferential Rates Preferential Cover Preferential … Brochure...Karen Harrison Cert CII – Senior...

Circle Insurance Services Ltd are authorised and regulated by the Financial Conduct Authority

[email protected] 02476 257444

Preferential Rates

Preferential Cover

Preferential Service

Steering Your Business Insurance in the Right Direction

- A Simple Guide

mailto:[email protected]

http://www.lloyds.com/

https://www.google.co.uk/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjcm5mRzeDVAhXEQBQKHebNBTgQjRwIBw&url=http://www.wpsinsurance.co.uk/proud-chartered-insurance-brokers/&psig=AFQjCNEFvhTIvA-u-PjpbCA62pWR9zsYYw&ust=1503139493025619


Circle Insurance Services Ltd are authorised and regulated by the Financial Conduct Authority 1

Contents Circle Insurance Services Ltd & Hi Q ................................................................................................... 2

Meet the HiQ Insurance Team… ......................................................................................................... 3

Motor Trade Combined ...................................................................................................................... 4

Contents Valuation Guide ................................................................................................................... 6

Engineering Inspection/Breakdown (optional) ................................................................................... 7

Management Liability – ...................................................................................................................... 8

Business Travel (including Holidays) ................................................................................................... 9

Cyber Liability & Cyber Crime ........................................................................................................... 10

Group Personal Accident/Illness ....................................................................................................... 11

Claims ................................................................................................................................................ 12

Circle Advantage ............................................................................................................................... 13




Circle Insurance Services Ltd & HiQ

Circle Insurance Services Ltd, established in 1991, is a fiercely independent family run insurance

brokerage. Being both Chartered and Lloyds Insurance Brokers we have the widest access to

insurance solutions available for all franchisees or ‘Partner’ HiQ Network members.

We are very proud to have worked alongside Goodyear since the first franchises were established

back in 1997 and are delighted to continue to serve the HiQ brand providing comprehensive cover

and professional advice to a significant proportion of the HiQ Network.

Our experience has shown that no two HiQ franchises are the same. Franchises vary enormously in their demands and needs, therefore our recommendations are tailored to suit each business. A ‘one size fits all’ approach simply won’t do; each insurance programme is designed exclusively to suit you.

With you all the way…

Our role is to keep you up to date on legislation, developments and changes in the insurance market,

and claim trends. We seek to keep you informed and provide advice that may further protect and

help you identify, remove, reduce or mitigates threats to your

business, backed up with a comprehensive insurance

programme. Our experience of HiQ risks means our advice is

comprehensive and based on years of experience dealing with

specialist Hi Q Motor Trade clients. Put simply we are your

insurance department at the end of the phone.

We start with our HiQ Motor Trade policy.

This is the bedrock, but you may also need:

Engineering Inspection

Management Liability

Cyber Liability &/ or Cyber Crime

Environmental Impairment Liability

Business Travel

Personal Accident

Specialist Claims Assistance Jason Harding

– Network Tyres & Autos Ltd

Harding – Network Tyres &

Autos Ltd

"We were introduced to

Circle via the HiQ Network

– Circle’s advice has been

brilliant revamping our

cover and giving us real

peace of mind. They

noticed loop holes in my

old insurance which meant

I wasn’t fully covered.




Meet the HiQ Insurance Team…

Peter Jones – Director

DD: 02476 232 686

[email protected]

Scott Harrison Cert CII – Senior Account Broker

DD: 02476 232 668

[email protected]

Matt Brindley Cert CII – Account Broker

DD: 02476 232 698

[email protected]

Karen Harrison Cert CII – Senior Claims Advisor

DD: 02476 232 683

[email protected]




Motor Trade Combined

We have an exclusive product for HiQ Franchises underwritten by Insurance. Providing you with

➢ preferential rates

➢ preferential benefits

➢ preferential service

….making this a reassuring policy for any HiQ business.

Having worked alongside franchises for over 20 years we understand the insurance issues and failings of a standard Motor Trade policy compared to our own HiQ policy. We designed a product with higher limits and benefits where these limits are relevant to a HiQ franchise

and not to the motor trade business in general.

Whether you are exclusively premises based, work only on cars and light vans or if your customers are truck, plant or agriculture clients. Whether you run roadside repair vehicles, undertake car servicing or MOT, sell cars, wholesale tyres or even run haulage, we have a solution for you.

Some franchises simply won’t fit with our preferred supplier, but the vast majority do.

however should that occur we bring all our experience to ensure that a viable alternative insurer is used to provide a very robust solution.

Chris Kisby – Easy Autos

Our HiQ team have extensive experience working with the motor trade industry and will do all the hard work for you, comparing quotes and cover details from specialist motor trade insurers to give you the most competitive package of price and cover available.

“We like the guys at Circle, they are

always quick to respond and have

always provided a wide range of

options to address our insurance needs.

I am delighted with their service and

attitude”




So what’s different…

Our policy will cover all the normal stuff like Fire and

Theft, your Employer’s and Public Liability, Servicing cock ups,

your Customer’s Car and your own vehicles including the Road

Risks, insurance for your MOT licence, Goods in Transit, Money

and Legal Expenses but we hate insurers arguing about the

adequacy of your sums insured so our policy automatically

provides high limits as standard.

These are our enhanced limits & benefits but they can, of course, be increased further:

Machinery Plant and Portable hand tools

- £100,000 each location

Mobile Fitting

- All Risks cover for fixed equipment reinstatement as new

Stock - Includes customers winter tyres being wardrobed at your premises

Customers’ vehicles - £500,000 at each location

Business Interruption -£1 million or 50% of turnover, whichever is the greater* - 3 months cover on mobile fitting vehicles

Public, Products & Service Liability limit

- £5 or £10 million (or higher)

Goods in Transit

- £5000 of own stock

Low Claims Rebate - Available on premium over £10,000

*12 months Gross Profit, longer indemnity limits are available




Contents Valuation Guide

Number Guide Value Total

Ramps

2 Poster Ramp (3.2tonne) 0 @ £ 2,500 £ -

3 Poster Ramp (4.0 tonne) 0 @ £ 2,800 £ -

4 Poster (4.0 Tonne) 0 @ £ 3,500 £ -

Scissor Lift (2.7 tonne) 0 @ £ 1,750 £ -



MOT equipment

Class 4 - 2 man 0 @ £ 22,000 £ -

Class 4 - ATL 0 @ £ 25,000 £ -

Class 7 ATL 0 @ £ 30,000 £ -

Emissions Gas analyser 0 @ £ 10,000 £ -

Workshop Equipment

Compressor size? 0 @ £3/5/7k £ -

Tyre fitting machine 0 @ £ -

Wheel balancer 0 @ £ -

4 wheel alignment 0 @ £ 550 £ -

Racking 0 @ £ 2,500 £ -

Welding equipment 0 @ £ 1,500 £ -

Trolley Jacks 0 @ £80 - 500 £ -

All Other Contents

Reception (chairs, TV, coffee machine etc) 0 @ £2/5/10k £ -

Computers / Printers etc 0 @ £2/5k £ -

Phone System 0 @ £2/5/10k £ -

Sub Total

Contingency (10% of the above) £ -

Total £ -

Portable hand tools Air guns and ancillary equipment 0 @ £1/3/5k £ -

Tool Chests (e.g. Snapon) 0 @ £3/5/8/10k £ -

Company owned tools 0 @ £5/10/15k £ -

Employee Tools 1 0 @ £5/10/15k £ -




Diagnostic equipment 0 @ £2/5k £ -

Mobile Equipment on Vans

Commercial fitting van 0 @ £2/5k £ -

Car fitting van 0 @ £5/15k £ -




Engineering Inspection/Breakdown (optional)

Inspection: LOLER regulations (Lifting Operations and Lifting Equipment Regulations 1998) requires all lifting equipment to receive regular maintenance and statutory inspection. Similarly, The Pressure Systems Safety Regulations 2000 Act makes similar demands on steam or pressure based equipment and appliances. Our arrangements with Axa mean that each location, regardless of the number of items, is covered for a single fee of £310 +VAT.

Specialist Engineers, committed to maintaining the highest quality standards and possessing the technical expertise to handle all types of engineering inspection from lifting platforms, engine hoist, air receivers to fork lift trucks and mobile fitting van equipment.

Breakdown: Protection against breakdown, explosion and damage to the equipment itself. Explosion of pressurised equipment can cause considerable damage throughout a workshop and insurance protection can provide genuine peace of mind. Another key benefit is the provision to cover the hire of replacement equipment to keep your business moving in the event of a loss.


http://www.hse.gov.uk/work-equipment-machinery/loler.htm

http://www.legislation.gov.uk/uksi/2000/128/contents/made

http://www.legislation.gov.uk/uksi/2000/128/contents/made



Management Liability –

We can package all 4 heads of cover below under one policy

Directors’ & Officers’ Liability: Cover which offers financial and legal protection to those who

are directors, or employees who make decisions on behalf of the company and are

personally liable to an unlimited extent for those decisions. It is designed to cover the cost

of claims for compensation made against the insured individual (e.g. a health and safety,

libel and slander or manslaughter claim or an employment claim against you as an

individual).

Corporate Liability: Policy cover includes the cost of defence, and in some cases the amount

of awards and damages, as a result of claims and prosecutions made against the company in

a wide range of situations (e.g. breach of trust or duty, neglect/error/omission, breach of

contract & libel and slander).

Employment Practices Liability: Provides coverage to employers against claims made by

employees alleging discrimination (based on sex, race, age or disability, for example),

wrongful termination, harassment and other employment-related issues, such as failure to

promote.

Theft by an employee: Your normal theft policy does not cover this. We’re not talking about the occasional tyre but long-term gradual and sustained theft of physical stock or through bogus account payments or deliberate ‘creative’ book keeping.

John Dowling – J & M Tyres Ltd

“Been with them 20 years, same

bunch of T.ssers now as they were

20 years ago” Wouldn't want

them to change a thing - Brilliant”




Business Travel (including Holidays)

Typical policy covers up to 25 or 50 trips per annum with one person being one trip.

Cover automatically includes cover for directors, their spouses & children when travelling

together for pleasure (up to 31 days)

It has no pre-existing medical conditions, so if your doctor says you are fit to travel this

policy will take you there. Cover is much wider than a typical personal travel policy with very

high limits, no excesses and you can go just

about anywhere in the world (there are always

some exceptions!).

So whether you are on a business conference,

extending a business trip into a holiday or

simply taking your family away this policy

provides the travel cover you need.

Benefits include:

Up to 25 trips per year (this can be extended if required) No pre-existing medical condition exclusion Medical & Emergency Travel Expenses - £ Unlimited Baggage - £10,000 per insured person Cancellation - £10,000 per insured person per insured journey Money & Credit Cards - £5,000 per insured person Travel Delay - £200 after 4 consecutive hours + £50 for each subsequent hour up to a maximum of £750 per person




Cyber Liability & Cyber Crime

This is a fast-moving sector of insurance with insurers constantly striving to better

understand and improve their policy covers. With the Data Protection Act due to be

replaced by GDPR (General Data Protection Regulation) in 2018, and the ever-present news

items on Cybercrime, extortion and liability mean Cyber insurance is increasingly seen as a

necessity rather than a ‘nice to have’ insurance cover.

The Information Commissioners Office (ICO) has far reaching powers and coupled with both

the exiting and soon to be introduced GDPR legislation where fines are based on turnover

rather than capped to a known value the need for this cover is compelling.

Benefits include:

Data Protection & Cyber Liability (including restoration costs) Network Interruption / System Failure Cyber Extortion (Ransom) Telephone Hacking Payment of Fines*

* Strict criteria (including firewalls, virus checking and encryption) must be satisfied.




Group Personal Accident/Illness

Some think this cover is a ‘nice to have’ rather than a necessity but if your best mechanic,

specialist mobile fitter or your only MOT tester is involved in an accident and can’t work for

weeks or even months what will you do?

You may feel morally obliged or be contractually required to pay wages until they are fit.

But the work still needs to be done, whether

through overtime or a temporary replacement.

With this cover you are only paying the wages

once. The insurance can be used to help the

company recruit or train new staff while an

employee recovers from an insured injury, or it

can help pay ongoing wages to an injured

employee.

Dependant on the policy taken out, cover will

apply if an insured employee is injured or killed in an accident, regardless of whether it

happens in the workplace.

Cover operates 24hours a day, 365 days a year anywhere in the world. Typically benefits

looks like this:

Death or life changing injuries 2 x Salary

Temporary total Disablement 100% of weekly salary

Temporary Partial Disablement 50% of weekly salary

Paul Evans – Washbrook Tyres ltd

This Cover paid out a

fortune to my company and

even helped with weeks of

private physiotherapy.




Claims

While we hope you stay incident-free, we know accidents happen.

We understand the stress and confusion

when a claim occurs. Our experienced claims

staff will guide you through the stages of

claiming and will keep you fully appraised of

progress during these problem times. We’re

on your side when you need help the most

and we’ll guide you through the claims

process.

Some claims are devastating. Hopefully you will never have to go through such an

experience, but when a terrible fire or flood feels like it has wiped out your business, our

HiQ insurance policy will be there to support you. Should such a serious event ever occur

we strongly recommend the added services and experience afforded through Circle

Advantage Loss Adjuster insurance cover.

Debra Grundy –D & P Automotive Ltd

“We have been using Circle

Insurance Brokers since we started

our franchise 11 years ago. We have

had excellent service from them and

on the very odd occasion we have

needed to make a claim I have just

called Karen who deals direct with

customers and the insurance

company leaving us to run our

business.“




Circle Advantage

…is an insurance backed policy which provides cover for the fees of a dedicated Chartered

Loss Adjuster to deal with your property and business interruption claims in excess of

£5,000.

They will be with you within 24 hours of being informed and whether you need them for 10

or 100 hours their professional fees and expertise in adjusting your claim are already paid

for. They will attend meetings to prepare, present, negotiate and administer your claim

with insurers, organising surveyors, builders, temporary premises etc., to see the claim

through to conclusion.




www.circlegroup.co.uk/hiq

118 Holyhead Road

Coventry

CV1 3LY



http://www.circlegroup.co.uk/hiq


Preferential Rates Preferential Cover Preferential … Brochure...Karen Harrison Cert CII – Senior...

Documents

Transcript of Preferential Rates Preferential Cover Preferential … Brochure...Karen Harrison Cert CII – Senior...