Business Interruption Insurance

Business Interruption Insurance covers the loss of income your business suffers after a disaster or event that disrupts normal operations. It helps compensate for lost profits, fixed costs, and additional expenses required to resume business.

For concrete manufacturers, this could mean coverage for:

• Loss of income during factory shutdowns
• Costs to rent alternative production facilities
• Extra wages for overtime to catch up on orders
• Temporary storage of raw materials and finished goods
• Utility bills and loan repayments during closure

Concrete manufacturing relies heavily on machinery, raw materials, and timely delivery to customers. Even short business interruptions can cause significant financial loss and damage long-term customer relationships.

Business Interruption Insurance ensures you can withstand unforeseen events like:

• Machinery breakdown or equipment failure
• Property damage from fires or storms
• Supply chain disruptions delaying raw materials
• Utility outages impacting production
• Accidental damage or vandalism
• Outbreaks or events preventing access to facilities

Without coverage, you risk losing revenue, incurring ongoing expenses, and jeopardising your business's sustainability during difficult times.

• Lost Income: Compensation for the net profit you would have earned during the interruption period.
• Fixed Costs: Coverage for ongoing business expenses such as rent, utilities, salaries, and loan payments.
• Extra Expenses: Additional costs incurred to reduce the period of interruption, such as hiring temporary equipment or staff.
• Supply Chain Disruption: Losses sustained due to delayed or unavailable raw material deliveries.
• Dependent Properties: Protection against interruptions caused by suppliers, customers, or other key business contacts.
• Extended Periods of Liability: Coverage extending beyond the physical repair period to compensate ongoing financial impact.

• Equipment failure such as mixers, crushers, or conveyors breaking down
• Fire or explosions damaging plant and equipment
• Flooding or storm damage affecting premises or raw materials
• Power outages or utility failures halting production
• Supply chain delays impacting availability of cement, aggregates or additives

• Size and scale of your operations
• Types of equipment and technology used
• Nature and location of your facilities
• Length of interruption period you want insured
• Specific risks your business faces
• Financial history and turnover details
• Supply chain dependencies and logistics

• 1. Provide Business Details: Share your company size, turnover, equipment, and risk exposure.
• 2. Risk Assessment: Our specialists review your profile and identify suitable cover options.
• 3. Tailored Quote: Receive and review custom quotes with coverage details and pricing.
• 4. Purchase Policy: Confirm your desired coverage and finalise purchase online or via phone.
• 5. Ongoing Support: Access ongoing claims support and policy reviews as your business evolves.

• Expertise in concrete manufacturing and industrial insurance
• Fast, impartial comparison of quotes from top UK insurers
• Flexible coverage tailored to your specific risks and business size
• Cover options built to balance recovery support, limits, and budget
• Dedicated claims support and swift response in event of a loss
• Clear guidance on compliance and risk mitigation
• UK-based customer service, available by phone or online

• Promptly report the incident by phone or online
• We coordinate with you and insurers to verify the event
• Arrange for loss adjusters and assessors where required
• Document financial impacts, such as lost profits and expenses
• Keep you informed throughout claim assessment and settlement
• Issue payment as quickly as possible to support your recovery

Our team works closely with you to make the process smooth, minimise stress, and get your business back on track quickly after disruption.