protection under the umbrella...‘umbrella insure’ provides comprehensive business insurance...

PROTECTION UNDER THE UMBRELLA

Tel: 0161 833 2100COMPREHENSIVE INSURANCE FOR THEUMBRELLA & PAYROLL SECTOR umbrellainsure.co.uk

Caunce O’Hara Insurance Brokers Limited is authorised and regulated by The Financial Conduct Authority under firms reference number 841497.To verify this visit www.fca.org.uk/register

The Need To Adapt To Change ...............................................................4

Market Overview ...............................................................................................5

About Us .................................................................................................................7

Umbrella Insure ..................................................................................................8

Key Products .......................................................................................................9

Tailor-made Insurance For Over 100 Umbrellas ..........................10

Build Your Perfect Package ......................................................................11

Client Testimonials ........................................................................................12

Thank You ............................................................................................................14

PROTECT AND GROW YOUR BUSINESS WITH OUR DEEPER UNDERSTANDING

The Need To Adapt To Change

• Off-payroll legislation in the Private Sector• Off-payroll legislation in the Public Sector• Managed Services Legislation• The Onshore Intermediaries Legislation• False Self-Employment• The Offshore Intermediaries Legislation• Disclosure Of Tax Avoidance Schemes • Contractor Expenses Legislation• General Anti-Avoidance Rule • Targeted Anti-Avoidance Rule

4 | www.umbrellainsure.co.uk

Umbrella companies are facing an unprecedented amount of change that will shape the industry far into the future.

Rigorous legislation has been introduced by the UK government as it tries to create a clearer, simpler and more compliant umbrella sector by driving out bad practice and ‘questionable’ tax avoidance schemes.

This compliance shake up is forcing some umbrella companies to re-evaluate their business model and operations. Not just how they employ contractors and process their salaries, but how they manage risk and respond to evolving customer needs.

Companies that address these issues will have a competitive advantage over their peers; companies that do not are likely to struggle perhaps even to survive.

Caunce O’Hara’s approach to umbrella services modernisation is to guide you on the insurance elements of your business. Our solutions help our customers protect their businesses, comply with industry regulations, attain competitive advantage and grow through expansion into new sectors.

In an industry that is constantly changing it is reassuring to know that professional and expert insurance support is always available, whenever you need it.

YOUR PARTNER IN A CHANGING UMBRELLA SERVICES MARKETPLACE

MARKET OVERVIEW

5www.umbrellainsure.co.uk |

25 YEARSOF TRUST,INTEGRITY &INNOVATION


NEW GROUP PHOTO NEEDED

FOR PRINTINC, LOUISE &

ANDY

In 2000 we were one the of the first brokers to introduce a policy aimed specifically at insuring umbrella companies.

Since then we have continued to differentiate ourselves from our competitors through our sector specialism, flexibility of coverage and competitive premiums.

Our policy ‘Umbrella Insure’ is the only one written specifically to insure a diverse range of activities and occupations. From social workers to offshore engineers it offers industry leading protection to thousands of professions within umbrella arrangements or on a block basis for individual PSC’s, including a number of professions other brokers consider uninsurable.

Headquartered in Manchester, we can insure your operations across the UK and the rest of the world.

We combine traditional business principles with the benefits of the latest technology and a knowledgeable, supportive service to create compelling insurance solutions that help grow your business safely and profitably. Above all we love a challenge!

YOU KNOW YOUR UMBRELLA & PAYROLLBUSINESS, WE KNOW HOW TO INSURE IT

ABOUT US

OUR UMBRELLA BUSINESS IN NUMBERS

250+UMBRELLA &

AGENCY CLIENTS

25YEARS INBUSINESS

200,000+CONTRACTORS

COVERED


Within the Umbrella sector, businesses can be quite different. Our industry leading product ‘Umbrella Insure’ provides comprehensive business insurance protection for your umbrella, the contractor and even contractors who chose to work through your company as PSCs.

We firmly believe in providing you with choice by tailoring your protection with covers and options that meet your exact needs.

Available in 4 Unique Options, you can simply pick and choose the right package for your business. Insuring your company and protecting your contractors has never been so easy.

COMPREHENSIVE PROTECTIONFOR YOUR BUSINESS

UMBRELLA INSURE

CHOOSE FROM 4 UNIQUE OPTIONS


Covers all PSCs without aggregate policy limits that the company provides accountancy services

to. PSCs issued with a verification certificate detailing cover.

Block Policy

2Insuring the umbrella organisation

and contracted employees.

ComprehensiveUmbrella Cover

1

Requiring appointed representative status, set individual

policies for PSCs payable via monthly declaration - option to

issue documents online.

Set Individual Policies

3Discounted cover available to PSCs on an individual basis from £78.40

per year with the feedom to choose their own insurance package via

your company’s website.

White Label Programme

4

Our flexible business insurance puts you in charge. We start off with the basics you need to protect your business such as professional indemnity, public liability & employer’s liability insurance. You can then choose from the options available to build a customised package that meets your unique needs.

Underwritten by a panel of top insurers our industry specific policies cover the key risks faced by Umbrella and Accountancy firms providing the best defence against unexpected claims and litigation. Allowing you to focus on keeping your business on the road to success.

PROTECT YOUR BUSINESS, YOUR WAY

KEY PRODUCTS

OUR MOST POPULAR PRODUCTS AND COVERAGE LIMITS

Professional Indemnity Insurance up to £10,000,000

Public Liability Insurance up to £10,000,000

Employers Liability Insurance up to £10,000,000

Umbrella Companies Legal & Professional Fee Protection Insurance Policy with a limit of indemnity of £100,000 per claim and £1,000,000 in the aggregate

Personal Accident pays out up to £100,000 per contractor in the event of death or permanent disablement.


Call our expert team for further details on 0161 833 2100

Get The Ultimate In Umbrella ProtectionFor confidence that your business has insurance cover from a company that understands your needs. Call our expert team on 0161 833 2100.

TAILOR-MADE INSURANCE FOROVER 100 UMBRELLA COMPANIES

Replacing Risk With Reassurance In A Fast Moving MarketKEY FEATURES

BUILD YOUR CUSTOMISED POLICY FROM 14 INDIVIDUAL INSURANCE COVERS

WIDE RANGING PROTECTION MAKES IT EASY TO INSURE YOUR WHOLE BUSINESS

BLOCK UMBRELLA COVER FOR THOUSANDS OF PROFESSIONSINCLUDING OFFSHORE, OIL & GAS, RAIL & CONSTRUCTION

FLEXIBILITY TO INSURE INDIVIDUAL PSCs

BESPOKE POLICY WORDINGS

1

2

3

4

5


We were the first broker to develop a bespoke policy with a specific policy wording to meet the needs of the umbrella sector, and the first broker to insure an umbrella operation. We hold full underwriting authority on behalf of insurers, meaning we can consider risks that umbrella companies face and set premium rates accordingly.

Our efficient in-house claims team is on hand to assist you in the event you need to call on your insurance. The umbrella and freelancer workspace has changed considerably over the years and we have adapted and innovated to ensure the sector is well served.

Today we have the ability and capacity to insure umbrella company workers in hundreds of trades, occupations and professions including perceived high risk roles for a range of market sectors.

We can also cover motor fleet, property owners and any other commercial insurances you may require.

Call our expert team for details on 0161 833 2100.

PROFESSIONALINDEMNITY

PUBLICLIABILITY

EMPLOYER’SLIABILITY

LEGALEXPENSES

OFFICEINSURANCE

PERSONAL ACCIDENT& TRAVEL

CONTINGENT MEDICAL MALPRACTICE

DIRECTORS & OFFICERS LIABILITY

DRIVERSNEGLIGENCE

PLANT OPERATORS NEGLIGENCE

ALLIED HEALTH PROFESSIONS

BESPOKE OFFSHORE POLICY

CRIMEINSURANCE

CYBERINSURANCE


14 INSURANCE OPTIONS TO BUILD YOUR PERFECT PACKAGE

Here are a few success stories from our partners.

WE HELP BUSINESSES LIKE YOURS SUCCEED

TESTIMONIALS

We have worked with Caunce now for over four years and the service we have received has been fantastic. They are always there to help and answer any questions at the drop of a hat. We wouldn’t choose to work with anyone else!

We have used Caunce O’Hara as our insurance broker for a number of years. We have always received excellent advice and support, timely replies to all our queries and very competitive quotes.

The Caunce O’Hara team are knowledgeable, personable and very efficient – they will always go the extra step to assist where they can.

We would have no hesitation in recommending Caunce O’Hara to any business or individual requiring insurance expertise.

A good business relationship works when those advising you carry out their work in a prompt and pragmatic way. It’s important from our perspective that the delivery of insurance and associated advice is done same day to ensure those in our supply chain are happy.

The team at Caunce O’Hara do this and importantly they understand our work practices and timescales. It’s worked well for some time now and we cannot fault the support given.


I have known the team at Caunce O’Hara for over 10 years and have been impressed by their ability to come up with innovative insurance solutions for their clients.

They clearly share our passion for the recruitment sector and it is particularly evident that they have an excellent understanding of the risks associated with umbrella companies, accountancy service providers and other intermediaries.

We have worked with Caunce O’Hara for 10 years and are delighted with their accurate advice and timely responses. Caunce O’Hara provide Orange Genie Group with the highest quality insurances for our Umbrella employment business and Personal Service Company clients.

As specialists in contractor and freelancer insurances, we know we are working with one of the best around, providing us with a range of insurance policies including public liability, professional indemnity and employers liability insurance.

Caunce O’Hara understand the high standards that our company have and deliver a quality service to agreed requirements. I would highly recommend working with them.

Knowles Warwick Ltd have been using Caunce O’Hara as our preferred supplier when it comes to all things insurance for the last 9 years. We have found them to be a very professional company whom we have no hesitation in recommending to our clients.

The range of insurance products they offer is comprehensive and their outstanding professionalism ensures a productive relationship is maintained.

We have always found that the team at Caunce O’Hara have been able to react accurately and swiftly to the requirements of our clients.


THANK YOU FOR READING OUR BROCHURE WE LOOK FORWARD TO WORKING WITH YOU


For more information please contactMark Lloyd, our Umbrella expert.T: 0161 833 2100E: [email protected]: www.umbrellainsure.co.ukCaunce O’Hara & Co Ltd is authorised & regulated by The Financial Conduct Authority under Firms reference number 841497. To verify this visit www.fca.org.uk/register

protection under the umbrella...‘umbrella insure’ provides comprehensive business insurance...

Documents