While it might be tempting to opt for standard insurance coverage, many of these policies do not adequately protect builders merchants and suppliers from the diverse risks unique to this industry. This leaves your business vulnerable to potential losses in the event of a claim, highlighting the importance of partnering with a specialised insurance broker who understands your sector and the associated risks.

Our skilled team meticulously tailor insurance programs to suit the specific needs of each builders merchant/supplier we work with. We proactively offer risk management guidance to assist builders merchants and suppliers in mitigating and minimising potential business risks.

In the event of a serious loss, you can make a claim within minutes via our unique video-streaming platform. As part of our service, we can also assign one of our independent Loss Adjusters to you within a few hours to manage the claim on your behalf.

We see ourselves as your trusted advisor for all your insurance and risk management needs, allowing you to focus on the day to day running of your business, knowing you are in safe hands.

WHY SPECIALIST RISK INSURANCE SOLUTIONS?

WHY SPECIALIST RISK INSURANCE SOLUTIONS?

We are the Builders Merchants Federation’s (BMF) strategic partner for the provision of business insurance to their members


Our claims service can be tailored to your individual business’s requirements


Our dedicated client facing team will be available whenever you need them


We can offer a confidential review of your existing insurance programme to identify gaps in cover


As part of Specialist Risk Group, we are the approved strategic partner for the provision of business insurance for Builders Merchants Federation (BMF) members. We offer a bespoke insurance solution for BMF members, with exclusive access to a range of covers that have been crafted deliberately for the BMF Specialist Insurance Plus product.

Affinity-Logo-BMF
Strategic partner for the provision of business insurance for BMF members

WE’VE GOT YOU COVERED

At Specialist Risk, we take the time to understand your business and the nuances you face, to ensure we develop smart solutions to protect you. Typical covers we look at for builders merchants and suppliers include:

Buildings Insurance protects your business premises should it be damaged by fire, flood, burst pipes or storms…
Contents and Stock covers the cost of replacing stock, equipment and other goods following an incident…
Crime cover protects you from both internal and external fraudulent activities, helping to get your business up and…
Cyber Insurance offers comprehensive cover and if required, helps deal with reputation management…
Directors’ and Officers’ provides financial protection for the potential defence and damage costs for the leaders…
Employers’ Liability, Public Liability and Product Liability are key to protect your business against the diverse…
Goods in Transit insurance provides cover for theft, loss, or damage of goods whilst they are being transported…
Machinery and Plant is a vital cover to protect necessary plant and equipment used by industries such as…
Our combined Material Damage and Business Interruption cover provides businesses with full protection…
Motor Fleet protects the fleet of vehicles that your business operates under one insurance policy…
Terrorism cover protects a business and its ability to continue trading following a terrorism incident…
Trade Credit protects a business if a customer owes money for products or services and does not pay their debts…

CYBER CASE STUDY

A devastating ransomware assault completely eradicated the digital infrastructure and online presence of a builders merchant, obliterating their payment systems in the process.

Read the whole case study

Solutions
“I have dealt with Specialist Risk Insurance Solutions, formerly Miles Smith Insurance Solutions, for a number of years now and am very grateful for the advice together with the support given. Prior to their involvement, I had suffered a deteriorating claims experience and through various Risk Management guidance, including the fitting of cameras, my experience has radically improved. I now regard them as part of my team, and look forward to working with them in the years ahead”

Beeches Recovery

Director, Manjit Nandra

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FAQS
What are my options if I am unable to see a representative from Specialist Risk?

Working life has drastically changed for many of us to reflect current social distancing measures. We can therefore work with you in a range of different ways, via the phone, email, video call or by visiting your site. We can tailor our approach to suit your individual needs and requirements.

Where is Specialist Risk Insurance Solutions located?

Our head office is in the City of London, the address is:

One America Square, 17 Crosswall, London, EC3N 2LB. We also have offices in Croydon and Ampthill, Bedfordshire however we are currently working remotely due to COVID-19.

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