Business Details
Your Trusted Business Insurance Partner in Bournemouth
Banq Insurance Services operates as part of a regulated network of insurance brokers, enabling access to competitive premiums and comprehensive coverage from over 200 insurers, including Lloyds of London. Our expertise lies in business insurance solutions, catering to enterprises from startups to multinational corporations. We prioritise tailored service, conducting thorough market reviews to identify optimal policies while maintaining strong relationships with major commercial insurance providers. Our team delivers specialist knowledge in areas such as public liability, professional indemnity, and complex risk management. Client satisfaction is achieved through transparent communication, cost-effective strategies, and a commitment to understanding individual business needs.We provide enhanced cover recommendations, efficient claims handling, and ongoing support to ensure long-term value. Our approach combines technical expertise with a personal touch, addressing both standard and niche insurance requirements across diverse industries. The company maintains regulatory compliance through its association with Ten Insurance Services Ltd, authorised by the Financial Conduct Authority. Client testimonials highlight our ability to deliver comprehensive packages at reduced costs while maintaining professionalism. Our services extend to aerospace, defence, and other sectors requiring specialised coverage, supported by a flexible yet rigorous underwriting process.
Services
Business Insurance
Public Liability
Professional Indemnity
Business Interruption
Employers Liability
Goods in Transit
Marine Insurance
Cyber Liability
Directors & Officers
Legal Expenses
Highlights and features
- We offer competitive premiums through 200+ insurer partnerships
- Our team provides tailored insurance solutions for specific business needs
- We conduct comprehensive market reviews to optimise coverage
- Specialists in complex cover for aerospace and defence industries
- Proven track record of reducing costs while enhancing protection
Associations and certifications
- Financial Conduct Authority
What people say
Most competitive
Enhanced cover
Professional service
Comprehensive package
Lower cost
Services
Business Insurance
We provide comprehensive business insurance tailored to specific industry needs, covering material damage, liability, and operational risks. Our policies adapt to changing requirements with flexible sections for property, stock, and equipment. Clients benefit from competitive pricing sourced through our panel of 200+ insurers, including Lloyds of London specialists.
Public Liability
This essential protection covers legal costs and compensation claims when third parties suffer property damage or bodily injury through business activities. We design policies to address specific operational risks, ensuring adequate limits while maintaining cost efficiency for both small enterprises and large corporations.
Professional Indemnity
Our professional indemnity policies protect against claims arising from negligent advice, errors, or omissions in service delivery. The coverage includes legal defence costs and compensation awards, with tailored terms for sectors like engineering, IT, and consultancy services requiring specialist risk management.
Business Interruption
This insurance compensates for lost income and additional expenses when business operations halt due to insured events like fire or flood. We structure policies to maintain financial stability during recovery periods, incorporating specific peril coverage aligned with the client's operational vulnerabilities.
Employers Liability
Mandatory UK coverage protecting against employee injury or illness claims arising from work activities. Our policies meet legal requirements while providing comprehensive protection for businesses with diverse workforce structures, including specialist risk assessments for high-hazard environments.
People
Jason Gault
Managing Director
Leads Team Jobs, a client company that praised Banq's competitive pricing and enhanced cover solutions. Highlights their accessible communication style and effective claims handling process.
David Harmon
Group Director
Oversees Harmon Engineering Group's operations across aerospace and defence sectors. Commends Banq's expertise in complex insurance requirements and professional service delivery.
Sarah McLellan
Director
Manages The Print Agency, which benefited from Banq's comprehensive policy review. Notes their ability to reduce costs while improving overall coverage quality.
Questions
What types of business insurance do you specialise in?
We specialise in public liability, professional indemnity, business interruption, employers liability, and complex risk management solutions for commercial clients.
How do you ensure competitive pricing for insurance policies?
Our access to 200+ insurers and Lloyds of London enables comprehensive market reviews to source optimal premiums while maintaining coverage quality.
Can you handle insurance requirements for specialist industries?
Yes, we provide tailored solutions for aerospace, defence, and other sectors requiring complex coverage through our specialist insurer partnerships.
What areas do you cover for business insurance?
We operate throughout the UK with international capabilities extending to Europe and the United States for commercial clients.
How do you support clients during insurance claims?
Our team provides dedicated claims assistance, leveraging established insurer relationships to ensure efficient resolution and client support.
Are your insurance services regulated?
Yes, we operate as an appointed representative of Ten Insurance Services Ltd, authorised and regulated by the Financial Conduct Authority.
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