8 Types of Business Insurance Your Company Should Consider Having

KEN BOYD | February 26, 2020

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Financial losses from a product defect, data breach, serious illness or work-related automobile accident can force business owners to close their doors if they're not prepared. The cost of an unexpected event can be substantial. Hiscox quotes a 2014 study of small business owners, saying the average cost to defend and settle an employee lawsuit was $160,000. Employment litigation is just one type of risk your small business may face.

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MS Amlin is a leading global specialty commercial insurer and reinsurer with operations in the Lloyd's, UK, Continental European and Bermudian markets.

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