Whilst it can be tempting to purchase standard insurance cover, many of these will not cover builders merchants and suppliers against the diverse risks faced by businesses in this sector. This can leave your business exposed to potential losses in the unfortunate event of a claim, determining the importance of working with a specialist insurance broker who understands your industry and the risks your business is exposed to.

Our expert team work carefully to secure the most appropriate insurance programme for each builders merchant / supplier that we work with. We take a proactive approach to risk management advice, which helps builders merchants and suppliers manage and reduce the risks their business faces.

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.



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.

Strategic partner for the provision of business insurance for BMF members


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…


Successful ransomware attack wipes out a builders merchants systems and
website, including their till system.

Read the whole case study

“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


Talk to our team

020 7977 4800

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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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