Sponsored - Kingsbridge Professional Solutions

expat network

Sponsored – Kingsbridge Professional Solutions

The Need To Be Insured.
As a limited company contractor, you have certain responsibilities and it is important to ensure you are protected against any unforeseen eventualities. We understand how important it is to arrange insurance cover through a company that really understands the specific challenges you face. Kingsbridge Professional Solutions is an insurance broker with in-depth experience working with contractors in the energy sector.

The Solution.

Getting appropriate cover in place to work in the oil and gas sector is often expensive and hard to find so by working with Kingsbridge we believe we have found a solution to cater for your needs.

The packages offered by Kingsbridge include a range of covers to give you peace of mind and comply with the requirements of most standard contracts.

What Insurances Do I Need?

Professional indemnity – covers you if you are accused of professional negligence, making an error or omission, or giving bad advice which results in your client losing money. This provides cover for legal defence costs and damages awarded against you.

Public liability – provides cover if someone is injured or property is damaged as a result of your actions whilst supplying services. Whether you are on your own premises or at a client’s site, you have a duty to protect anyone who might be affected by your activities. If you fail to do this, you may have to pay substantial compensation.

Employers’ liability – provides protection against claims from employees. It is compulsory for almost all UK businesses. Regardless of your set-up, this is often insisted upon by clients who may require you to comply with a standardised contract.

Personal accident – personal accident insurance protects you financially if the worst happens and you can’t do your job following an injury at work.

Directors’ and officers’’ -if you are a director, you can be held personally liable for your actions when running your business. If someone claims against you, this will cover your legal costs.

Key Features.

The following are designed to suit those working in the oil and gas sector

Generous cover levels
Cover for offshore work included, where requested
Cover for corporate manslaughter
Compliant with industry mutual hold harmless provisions
Waiver of subrogation
Worldwide cover (excluding US and Canada)

Get In Touch.

If you would like discuss your business insurance arrangements in more detail then please get in touch with the Kingsbridge directly on 01242 808 740 or via email enquiries@kingsbridge.co.uk

Cover can be arranged in minutes, and your insurance documents can be accessed immediately – perfect for when a client is waiting for proof that you have appropriate insurances in place.

You can also get a quick quote here.

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.