Our location
We are based in the thriving city of Leeds and that’s where we are staying. We are active in the local networking community which really helps with understanding other business sectors, their needs and their industry specific challenges.
Who we help
We offer the A-Z of commercial solutions, but what we really specialise is in providing insurance for unique businesses. Insurers often have a ‘one size fits all’ approach but as businesses diversify, they are often shoe horned onto the wrong policy, meaning that only part of their business is insured. Unfortunately, most business only find this out when they have a claim.
At Edison Ives we ensure that you have the right cover in place and the insurers understand what your business does. We always conduct a full insurance review to offer you peace of mind and we will work hard to try and save you money.
Your pride and joy
Are you proud of your business? Have you worked hard to get where you are? Have you overcome challenges and adversity? If so, why risk losing your pride and joy due to having the wrong insurance.
Recent research from Aviva, shows that only 1 in 5 small businesses felt that they had the right level of insurance coverage in place. In addition, they also audited several SME businesses and discovered that they were under insured by an average of £486,000. As you can see if the worst happens, those businesses will be severely out of pocket, and possibly struggle to resurrect their businesses.
It is important to understand how under insurance can affect you as insurers will normally apply the ‘average clause’ to any claim settlements. For example, if you insure your business premises for £100,000 and the real value is £200,000, you will have only insured it for 50% of the real value. If you later need to claim for damage for worth £10,000, your insurer will only pay you for the proportion of the loss that the insurer has insured – which is 50% and £5,000 in this example.
You’re at the centre of our business
We arrange your insurance as if it was for our business. When we make a decision we always consider how this will benefit you. Everything that we have created is to make sure you are protected, you receive a great service, and pay a great price for your insurance.