Company A

This company was a new start-up recruitment agency, focussed primarily on supplying temporary office staff. Passionate to make their mark, but as ever tight on budget, the founders realised the need for making sure they were correctly insured having heard of other companies in their sector who had failed to ensure adequate insurance – only finding out when something had gone wrong.

The business had been trading for just under a year with an annualised payroll bill of around £250,000. They operated from a single serviced office with 3 staff.

aQmen spoke with the Managing Director and following a good discussion advised him  on Employers’ Liability (£10m cover), Public Liability (£2m cover) and Public Indemnity (£0.25m cover) which we then negotiated with the AIG underwriter to provide a quote that was both competitively priced compared to others but also provided a significant improvement on cover to meet their needs.

“I was impressed - aQmen immediately understood our business and gave us sound advice along with great value for money – I’d also recommend their style of personal service.” Tony B, Managing Director.

Company B

This 4 year old business occupied a single office in a retail outlet, employing a total of 10 staff, turning over £2,500,000, specialising in providing drivers for light industrial vehicles on a temporary basis. The business had been with a broker since it started but felt a fresh look at the market would be worthwhile.

Following a few telephone conversations, aQmen provided detailed quotes for Employers Liability of £10m, Public Liability of £5m and Public Indemnity cover for £1m. We also suggested Drivers' Negligence Insurance cover of £10,000 and Fidelity Bonding for £250,000. For Office Contents insurance aQmen suggested AIG’s policy of new for old.

“We’d been stagnating with our previous broker, simply renewing every year. aQmen was a breath of fresh air – grasping the issues and explaining them to me.  They also took the time to go through all the different elements of the cover, which helped me understand how I was mitigating my risks - I’m no insurance expert and don’t want to be. The price wasn’t the only factor – the value for money was worth it.” Sylvia M, Operations Director.

Company C

This well known Recruitment Company’s UK operation stretched across 10 locations providing temporary and permanent staff across multiple sectors. They employ 40 staff turning over £15m with a payroll of around £7m per year. Of particular interest were the non standard contracts many of their contractors were employed under.

aQmen quoted on Employers Liability, Public Liability, Public Indemnity and Drivers’ Negligence Insurance along with office contents for each site.

“Not only did aQmen visit many of our sites to make sure they understood our requirements and in turn made sure we had the correct levels of cover, but they also provided us with the best quote we had come across saving us 24% on last year’s premium.” Derek M, UK FD