Insurance

Under the Commonwealth Grant Agreement the CRC is required to conduct a risk assessment to identify the risks associated with undertaking the grant activities and to effect and maintain adequate and appropriate insurance to mitigate the risks identified in the risk assessment.

It is important to protect the company and its directors and staff by putting in place appropriate insurances. A good business insurance broker can get you better prices on these products than you are likely to get by shopping around, so shop around for good brokers rather than insurance companies.

Recommended insurance products for CRCs include:

·        Public Liability

·        Professional Indemnity

·        Directors Insurance

·        Contents Insurance

·        Travel Insurance

·        Products Insurance

·        Cybersecurity Insurance

A good broker will help set the right level of insurance for these products depending on the risks your CRC is likely to face.

Rozetta Institute can recommend a good broker if you wish to contact us.