hello@prizmsolutions.co.uk
01827 313 931
What do you class as a micro business?
The term micro business has various meanings, but we usually define it as a business with an annual turnover of £50,000 or less.
Why do I have to have business insurance?
No matter what size of business you run, if you’ve got employees (or even just labour only sub-contractors) you need Employers Liability insurance by law.
Public Liability is also mandatory for certain types of business.
As for other types of insurance, apart from Motor Insurance none of it is compulsory, but the whole principle of insurance is that you pay a known fixed sum (the premium) in return for protecting you against unknown and potentially infinite cost (the claim).
So why buy business insurance from Prizm Solutions?
At Prizm Solutions, we totally understand Business Insurance! The majority of our team has first or second hand experience of running their own business, so we really do understand the demands and needs of small business owners. We also deal with over 120 separate insurance companies/underwriters, the vast majority of whom do not deal directly with the public and only deal via a broker.
What is the difference between an advised sale and a non-advised sale, and does it matter?
Yes, we think it matters. A lot. We only sell insurance on an advised basis, which means we give you advice (and are ourselves insured against giving you bad advice).
Imagine going out for a meal in a fancy restaurant and the chef asks you to pick your own ingredients and tell him/her how long to cook it for and they’ll bring your meal out. That is a non-advised sale.
In an advised sale analogy, the chef would suggest what you might like, cook and prepare the meal to suit so you can just sit down and enjoy the experience.
How much will a business insurance policy cost me? And are you more expensive than buying online?
How much a business insurance policy costs depends on what you do as a business. For example, a scaffolder will always cost a lot more to insure than a music teacher.
On occasions we can be more expensive than buying online, but going back to the previous restaurant analogy, would you rather have a 5-star meal cooked for you, or be given a can of baked beans and a loaf of bread and be told to go make it yourself?
The bonus of buying from Prizm Solutions is that you get ongoing advice throughout the whole term of the policy, including in respect of any claims or changes you need to make to your insurances.
Have a question?
Our team is
here to help!
One of our team will talk to you about your current circumstances in order to advise the best way forward. If you’d prefer to visit us at our offices in Tamworth, feel free to pop in! Just check our office hours on Google to make sure we’re open.
Oh yes, we absolutely love dealing with businesses that are unique and that don’t tick a box. We’ve insured everything from blacksmiths making antique hinges for listed buildings, to a dance and music school for children and teenagers, and even a drone operator.
Just drop us an email to hello@prizmsolutions.co.uk or give us a call on 01827 313931. One of our friendly advisors will take the time to find out more about your needs, to enable us to offer you the right policy for your requirements.
If you’re local to Staffordshire, you may also wish to pop into our offices in Tamworth town centre and sit down with us face to face. Just check our office hours on Google to make sure we’re open.
Should you need to make a claim, make Prizm Solutions your first port of call. As your broker, we are here to help. If your call is out of hours, all insurers operate 24/7 claims lines, and we’ll inform you of these when you take out the policy.
We deal with many insurers and underwriters, some you will have heard of like Aviva, AXA, QBE, Hiscox etc., but many more you won’t have - but they are all A-rated (which means they are financially solvent). At Prizm Solutions, we would never put you with an insurer or underwriter who we wouldn’t be prepared to be insured with ourselves.
If you need to make a claim on your insurance, you need to call your insurance broker or insurance company straight away.
If you have a policy with Prizm Solutions, then you simply call us.
As your broker, we are here to help – and we will provide you with all the contact numbers you need to deal with a claim when you take out the policy.
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Independent and friendly insurance brokers based in Tamworth and covering the UK
Let us help you find the right cover for you.
Prizm Solutions Limited
First Floor
The White House
16/20 Church Street
Tamworth
B79 7DH
Prizm Solutions Ltd are authorised and regulated by the Financial Conduct Authority.
Prizm Solutions Ltd are registered in England and Wales, Registration Number: 05936749, Registered Address: First Floor, The White House, 16/20 Church Street, Tamworth, B79 7DH.
TERMS & CONDITIONS | PRIVACY POLICY | © PRIZM SOLUTIONS LTD 2025. ALL RIGHTS RESERVED | DESIGN BY SWD
Connect with us
Fill in our enquiry form or pick up the phone and speak to one of our friendly, helpful team.
We’re here to assist you to put plans in place, to help provide you with some protection from those unexpected curveballs that can be a normal aspect of everyday life!
So, let us help you find the right cover for you.
01827 313 931
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