Sample 1 - Blog #insuranceSample 1 - Blog #insurancehttps://lololol.zohosites.com/thoughts/tag/insuranceThu, 01 Aug 2024 22:52:33 -0700http://zoho.com/sites/<![CDATA[You can only buy it when you don't need it cause when you do need it, its too late. Public Liability Insurance... ]]>https://lololol.zohosites.com/thoughts/post/You-can-only-buy-it-when-you-don-t-need-it-cause-when-you-do-need-it-its-too-late.-Public-Liability-Insurance...

Insurance has never been on most businesses or peoples top of their priority list although it should. Adequate cover not a luxury but a necessity as it gives you peace of mind and can come in handy if something adverse happens and you need to make a claim. Some of those adverse events are not a matter of IF but rather When they occur. 

The reality is that all the risks associated with the work you do as a business or self-employed in a professional capacity fall squarely and solely on your shoulders. This includes any accidental damage or bodily injuries to third parties that happen on your premises, whether you are working from an office or your home.  

We aim to deliver much needed capital for SME’s and Property Developers.

How Does Public Liability Insurance give you Peace Of Mind & Protection? 

Simply put, Public Liability insurance protects you if you are being sued by a customer or client who is injured, has an accident or damages their possessions or property while on your premises. It also protects you if you damage something belonging to them while you are visiting their premises. If they sue you as a result, it covers your legal costs and any financial compensation awarded. 

For any business, every penny counts and having the right cover is a necessity and worthwhile investment as well as a smart move. It means you’re financially protected if you are presented with a bill for damages for thousands of pounds. Irrespective of whether it was your fault or not. 


The consequences of not protecting yourself and your business with Public Liability Insurance can be devastating is an understatement. 

Call Now +44 (0) 203 2909019

Find out more about Tapoly Public Liability and check our full list of products and prices. 

]]>Sat, 02 May 2020 04:35:12 -0800<![CDATA[Run Your Own Business? Make Sure You Protect Yourself With Directors & Officers Insurance]]>https://lololol.zohosites.com/thoughts/post/Run-Your-Own-Business-Make-Sure-You-Protect-Yourself-With-Directors-Officers-Insurance

There are plenty of advantages to running your own business, not least of which is having the freedom to make all the important decisions. All the responsibility sits with you but that also means when things go wrong the buck stops with you too.


As the business owner you are personally liable for your actions, including any mistakes you might make along the way. Those mistakes could lead to someone making a claim against you, which could in turn lead to fines, penalties, compensation or even imprisonment. Therefore, ensuring that you have the right protection to cover yourself and your business is vital.

How does D&O insurance differ from Professional Indemnity insurance?


If you have Professional Indemnity insurance already you might question whether it’s necessary to have Directors & Officers (D&O) insurance too. At first glance it may seem that the two types of insurance are the same and that having both types of insurance in place is a waste of money. However, that is not the case. There are some fundamental and important differences between the two.

The main difference between Professional Indemnity insurance and D&O insurance:

  • D&O insurance provides financial support in the event that a claim is made against a senior member or director of your business and covers you for the costs associated with legal representation. 
  • Professional indemnity insurance provides protection for errors the business has made that have negatively affected their clients or customers. PI insurance is particularly relevant if your business provides professional services, consultations or advice.

What type of claims are covered by D&O insurance?


One of the key benefits of D&O insurance is that it protects company directors from litigious employees. It also covers claims from competitors, investors, vendors and customers. Some small business owners think their general liability or packaged business insurance policy will cover claims involving directors and officers. In the main this is not the case.


Claims may come about from an alleged or actual “wrongful” act. They include anything from harassment, unfair dismissal and discrimination to decisions or actions that have had a negative impact. Other common types of claims include actions by creditors, by business competitors and customers, and actions brought by regulatory bodies such as the Inland Revenue.

Why take out D&O insurance?


While some people will probably say that small businesses don’t necessarily need D&O insurance, the reality is that no one is immune from risks and allegations, particularly in today’s litigious society.

Without D&O insurance you could personally be the focus of claims which could lead to financial devastation.  In the process this could also destroy your reputation as well as your business.

While D&O insurance has been growing in popularity among SMEs and is becoming a routine part of companies’ risk management process, there’s still a long way to go. It is important to consider every aspect of your business when you are thinking about insurance and protection. Ignore D&O insurance at your peril.

Why choose Tapoly?


Tapoly recognises the risks and what’s at stake for you. They also believe that protecting yourself and your business should not be onerous or expensive.


They are working hard to bring you a broad range of insurance products. Their mission is to enable SMEs and freelancers to protect themselves at a fraction of the cost charged by traditional insurers. What’s more, recognising how busy you are, they want to do that quickly and easily. They also want you to have the flexibility of cover you need. As much as they can, they don’t tie you down to annual contracts but allow you to choose how long you need cover for, whether that’s a few months, a few weeks or just a day. 


Find out more about Tapoly Directors & Officers insurance and how much it will cost you. You can also check our full list of products and prices.

We aim to deliver much needed capital for SME’s and Property Developers.

Call Now ​​+44 (0) 203 2909019

]]>Fri, 20 Mar 2020 10:26:22 -0800<![CDATA[Don't be a cybercrime victim]]>https://lololol.zohosites.com/thoughts/post/Don-t-be-a-cybercrime-victim

Cybercrime is a growing threat to all businesses in all sectors and all sizes, from sole traders and the self employed, to large corporates and multinationals. According to analysis from Beaming, UK businesses faced an average of 146,491 attempted cyber-attacks in the second quarter of 2019. This equates to one attack every 50 seconds and is the highest level since 2016. Over the summer of 2019 British Airways was the first British company to be fined under the EU General Data Protection Regulation (GDPR).

What is the Likelihood of a Cyber Attack and What Financial Damage do they Cause?


Many small businesses think they are unlikely to be impacted by a cyber attack because the hackers target larger companies. However, this is simply not the case. SMEs are very much in the firing line. In fact, almost 10,000 attacks happen every day according to the Federation of Small Businesses (FSB). And according to TechRadar, a staggering 1.4 million SMEs were hit by a major attack in 2018 with the impact of an attack costing nearly £6,500 on average. One in six SMEs spent £10,000 or more to combat an incident, with nearly one in 10 paying out more than £20,000.

What Impact could a Cyber Attack have on Your Business?

Any business that falls victim to cybercrime could stand to lose a lot. It’s not just the financial implications that can be devastating but also the potential damage to the reputation of your business. Will you lose customers as a result? Will your customers trust you with their data again? While large companies may have the resources to be able to recover faster and more easily, for freelancers and small businesses, recovery could take much longer. In the most severe cases it could even be terminal for your business.

Protect your Business with Cyber Breach Response Insurance from Tapoly

As the first and fastest growing Insurtech in Europe, Tapoly provides on-demand business insurance. Tapoly strives to build the right products to ensure that you are suitably protected from emerging risks, such as cyber-attacks. And you don’t have to tie yourself into an annual policy if you don’t need it. Tapoly's Cyber Breach Response insurance, which comes as an optional add on when you choose the Professional Indemnity insurance, can give you the peace of mind that your business will be able to recover from the impact of a cyber-attack.


The Cyber Breach Response can provide the support to enable you to locate the source of the security breach, helping you to protect your business against future attacks. They’ll also cover you for any essential data lost through the breach, while their call centre, credit and identity monitoring services, will take care of all the legwork required to help you make a full recovery and get you back up and running.


Protect your business from the potentially devastating and costly havoc that could be wreaked by cybercrime.


Find out more about Tapoly Cyber Breach Response and check their full list of products and prices.

We aim to deliver much needed capital for SME’s and Property Developers.

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