Do web design companies need insurance?

Posted by admin on February 23rd, 2010 and filed under web design companies | 1 Comment »

If yes, what types and for what level.
One man from home, ltd company. Probably no visits.
Thanks

Hmmmm…bit of a vague question. Is it a registered web design company with a physical presence at licensed commercial premises? Number of employees? Client type? I’d say it would all depend on a number of factors. Only risk i can conceive of without details is liability for any design/installation work that may go pear shaped. That though would depend on the terms of an individual contract. Thing to do is evaluate all the risks that the business is open to and make a rational, well considered decision on whether the risk is acceptable or not. If the risk would leave the company over-exposed, are there any insurers that would cover the risk? I’d say the best thing would be to see an e-commerce insurance broker that could provide an assessment and estimates where required.

One Response

  1. aw_ol 2 Says:

    Hmmmm…bit of a vague question. Is it a registered web design company with a physical presence at licensed commercial premises? Number of employees? Client type? I’d say it would all depend on a number of factors. Only risk i can conceive of without details is liability for any design/installation work that may go pear shaped. That though would depend on the terms of an individual contract. Thing to do is evaluate all the risks that the business is open to and make a rational, well considered decision on whether the risk is acceptable or not. If the risk would leave the company over-exposed, are there any insurers that would cover the risk? I’d say the best thing would be to see an e-commerce insurance broker that could provide an assessment and estimates where required.
    References :
    http://www.bjpinsure.com/bjp-insurance-brokers-e-commerce-insurance.html
    http://www.zurichna.com/erisk_edge.htm

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