Ansvar Insurance has unveiled its new business, office, and retail policy, targeting social enterprises, commercial entities, retail outlets, and office-based businesses across the UK.

This policy is crafted to cater to the diverse needs of UK-based organisations, from individual entrepreneurs to expansive firms with a presence in multiple locations. It is structured to support a variety of business operations, including office and administrative tasks, participation in trade shows, engagement in fundraising events, and the sale of goods and services.

Adam Tier, the company's head of underwriting, shared insights into the development of this new offering.

“We recognise that companies are involved in a broad array of trades and activities, with each having varying levels of exposure to different risks,” Tier said. “Our business, office, and retail policy provides flexibility by allowing organisations to customise their coverage, ensuring they are adequately protected, in a cost-effective package.”

Ansvar operates under the Benefact Group, which recently made a key acquisition for its broking and advisory division. It is one of the UK's leading corporate benefactors, with a notable contribution of over £100 million to various charities since 2016.

What are your thoughts on this story? Please feel free to share your comments below.