Insurance Q&A

I'm sure all insurance policies are the same. The more turnover I have, the more insurance I pay. I used a broker

Go see an insurance broker and tell them what insurance you need. It shouldn't be too different from Uber insurance or Air BnB insurance.

I see the value in a broker more than just the best price. If they can deeply understand / compare different policy specifics beyond what you could do (or are prepared to) then the broker idea is a fantastic one.

Unfortunately many brokers are skewed to preferred networks and better commission, so it is very difficult to receive 100% impartial advice - putting you back at square one where you are better off investing in doing the full analysis and negotiation yourself.

I speak for more complex and higher risk related policies, and not everyday day standard ones when it is simply about best value.

There a many laws in place for hiring contractors. If they don't have their own insurance and you provide it for them, consider other aspects of their arrangement with you. They might, by law, need to be employed by you.

From a less technical perspective you should at the minimum have anti-virus software running on their local machines. You should also consider having a VPN (private network) for them to login to do work functions if you and/or your staff are working on items that could be considered "sensitive". Also, hard-drive disk encryption has become pretty common. This helps protect from threats of items are lost or stolen. And as always tell them to a secure password and have a standard in place to enforce such a policy like password:

• Must be at least 8 Characters long
• Must have upper and lower case numbers
• Must have at least 1 number
• Must not be the same as your username

Stuff like that will definitely help.

Find an insurance broker. They will be able to help you find the best deal. Ask for references from people in the same industry as you. Brokers tend to specialise in certain industries.