Business Details
50+ Years
experience
Trusted Insurance Brokers in Bingley
Established in 1960, L Wood & Co & Co Ltd has built a reputation as a trusted insurance brokerage with over six decades of experience in the industry. Our family-run business combines deep sector knowledge with a personalized approach, delivering tailored insurance solutions to businesses across the UK. We pride ourselves on understanding the unique risks faced by our clients, whether in manufacturing, education, or high-net-worth sectors, and securing appropriate coverage through leading insurers. Our claims management team provides expert guidance during critical moments, ensuring minimal disruption to operations. With three generations of the Wood family leading the business, we maintain a commitment to integrity, transparency, and client-centric service.Our brokers hold specialist expertise in areas such as cyber liability, professional indemnity, and business interruption insurance, offering strategic risk mitigation advice. We differentiate ourselves through proactive client education, including regular market updates and compliance guidance on evolving regulations like the UK Fire Act 2021. Our long-standing relationships with insurers and use of innovative tools like iVAR (Vehicle Accident Reporter) demonstrate our dedication to streamlining insurance processes. Client testimonials highlight our responsiveness, technical competence, and ability to navigate complex claims, reflecting our core philosophy of building lasting partnerships based on trust and exceptional service.
Services
Business Insurance
Professional Indemnity
Cyber Liability
Commercial Combined
Private Medical Insurance
Motor Fleet Insurance
Employers Liability
Product Recall Insurance
High Net Worth Insurance
Details
- Year established: 1960
Highlights and features
- Three generations of family leadership with 60+ years insurance expertise
- Tailored insurance programmes for specialist sectors including education and manufacturing
- Award-winning claims support with dedicated in-house claims team
- FCA-authorised brokers providing impartial advice on risk management
- Innovative tools like iVAR for real-time vehicle accident reporting
Associations and certifications
- FCA
What people say
Excellent service
Quick response
Sector expertise
Personalised approach
Reliable support
Services
Business Insurance
Our business insurance solutions protect companies against operational risks including property damage, liability claims, and business interruption. We offer tailored coverage options for sectors like manufacturing, education, and transport. With access to specialist insurers, we ensure comprehensive protection that aligns with your specific industry requirements and regulatory obligations.
Professional Indemnity
Professional indemnity insurance safeguards businesses against claims arising from professional negligence or inadequate advice. We help clients in sectors like technology and consultancy secure appropriate coverage limits and policy extensions. Our brokers provide expert guidance on policy wording to ensure protection against evolving professional liability risks.
Cyber Liability
Cyber liability insurance addresses risks from data breaches and cyber attacks. We assist businesses in implementing risk management strategies while securing coverage for financial losses and response costs. Our solutions include incident response planning and access to cybersecurity experts, helping clients navigate increasing threats in the digital landscape.
Private Medical Insurance
Private medical insurance provides coverage for private healthcare treatment. We offer policies that facilitate rapid access to medical specialists and treatments. Our brokers help clients select appropriate coverage levels and exclusions, ensuring alignment with individual healthcare needs while maintaining cost-effectiveness.
Motor Fleet Insurance
Motor fleet insurance covers commercial vehicle operations with flexible terms for varying fleet sizes. We provide comprehensive protection including third-party liability and accidental damage coverage. Our solutions incorporate risk management tools and telematics options to help businesses reduce premiums through improved driver safety.
People
Tom Wood
Managing Director
Third-generation insurance broker with 25+ years' experience. Specialises in commercial risk management and cyber liability. Leads strategic direction while maintaining hands-on client relationships. Holds industry-recognised qualifications and regularly advises on complex insurance programmes.
Kevin Wood
Chairman
Joined the company in 1971 and has overseen its growth into a leading regional brokerage. Focuses on client retention and quality control. Provides mentorship to younger brokers while maintaining key insurer relationships. Recognised for expertise in property and business interruption insurance.
Michael Scarborough
Claims Director
Claims specialist with 20+ years' experience in dispute resolution and negotiation. Oversees the in-house claims team, ensuring efficient processing and client support. Known for achieving favourable outcomes in complex claims involving business interruption and property damage.
Dylan Williams
Director
Insurance broker specialising in education sector risks and professional indemnity policies. Manages key accounts while developing new market relationships. Provides technical expertise on policy wordings and regulatory compliance matters affecting clients.
Tyra Wood
Director
Focuses on high-net-worth insurance and personal lines products. Combines technical knowledge with client service excellence. Plays key role in developing bespoke insurance solutions for affluent individuals and their assets.
Questions
What insurance sectors do you specialise in?
We specialise in manufacturing, education, technology, transport, and high-net-worth sectors, offering tailored insurance solutions for each industry's unique risks.
Are you regulated by the FCA?
Yes, we are authorised and regulated by the Financial Conduct Authority (FCA) under registration number 306091.
How does your claims support work?
Our dedicated claims team provides step-by-step guidance, coordinates with loss assessors when needed, and ensures regular updates throughout the claims process.
Do you offer cyber insurance?
Yes, we provide comprehensive cyber liability insurance covering data breaches, business interruption, and response costs with access to cybersecurity experts.
Can you help with international insurance needs?
Yes, we arrange insurance solutions for UK businesses with international operations through our network of global insurer partners.
