indoor flooring canteen Risk Management Risk Management

Business Continuity Planning

Interestingly, a quarter of all businesses who suffer a major incident to their business never recover.

A Business Continuity Plan can help prevent this from happening. We offer a free 2 hour consultation business continuity planning meeting. We will talk to you about the possible threats to your business and how you could deal with them if they happened. We can either give you the tools to create your own plan or we can create the plan for you at an agreed fee.

Businessman Stopping Dominoes From Falling
Many different yellow service cars in the parking lot

Fleet Management

Vehicles are an essential tool of any business but it isn’t always easy to manage a fleet of vehicles especially whilst they are out on the road every day of the week. We can help you look at ways of manging your fleet of vehicles to minimise accidents, reduce repair and servicing costs and improving fuel economy.

Cyber Risk Management

We have all become so dependent on computers, phones and modern technology in our every days lives and they are fundamental in running a business. With the use of so much technology comes the threat of a phishing or a cyber attack on the information you hold. If your business suffered a cyber attack the cost of restoring your systems could have an immense financial impact on your business. Cyber Risk Management and bespoke specialist policies can take the worry out of the real threat which exists today.

Lock and network cable with computer keyboard background.
auditor is examining articles of agreement

Contract Risk Management

There is no better feeling than winning a new contract, in the excitement it is all too easy to  sign the contract or purchase order without reading all the terms and conditions.  You and your business will be bound by the terms imposed within the contract, including potentially onerous insurance conditions. The type of conditions which you may come across could include:

  • Higher than standard limits of indemnity on Public & Employers  Liability & Contract Works
  • Collateral Warranties
  • Performance Bonds
  • Professional Indemnity Cover up to £5m
  • Insurance Backed Guarantee for 5/10/12 years
  • Joint named insurance with the principal

The impact of these conditions could have a significant financial impact on your business if your insurance arrangement doesn’t provide adequate cover. For these reasons we provide a free contract checking service to minimise the financial risks to your business.

What our clients say

The COBRA team have invested their time over the last 10 years to source insurance solutions for FeRFA members. They understand the daily challenges faced from concept, specification, completing the project and after care. Unlike other brokers, COBRA has tailored their services and policies to reflect the ever demanding needs of the industry.

Tracy Glew, FeRFA

In the past we have used different insurers for all our separate needs which oftentimes became very confusing and, especially when it came to renewal, very time consuming. Cobra were highly recommended to us and as such we switched all of our separate insurances through them. This comprehensive package is hugely beneficial to us and when you also take into account how easy it is to get set-up, how quick to reply with any issues Cobra are and that it was actually a cheaper option then it’s a no-brainer. I have had many conversations with other contractors unhappy with their insurance and my first response is always “Call Cobra!”

On the recommendation of FeRFA we contacted Cobra Insurance Brokers and found them to be extremely knowledgeable regarding the special requirements of the resin industry and contracting in general. 

They initially reduced our ever increasing premiums for Employers Liability, Public/Product Liability and Contractors All Risks by as much as £5000.00pa.They also provided excellent insurance cover for our fleet of vehicles as well as competitive rates for the provision of warranties.

Tony Hills, Ryebrook Resins

SPE International Ltd have now been using Cobra Insurance Brokers for over 5 Years, the service that is provided is second to none and they go above and beyond to provide this.  We had been with our previous provider for over 20 Years, and to change after so many years was a daunting task, this was made easy by Howard and his team, and we only wish we had done it years ago.  They are always at the end of a telephone for assistance and advise for all our business insurance needs, including bespoke projects. They are approachable, friendly and we would definitely recommend to other Ferfa Members.

John Hill, SPE

We have been using cobra Insurance Brokers in excess of 10 years and during this time have always found them to be highly professional, approachable and knowledgeable ready to meet our bespoke business needs.

I would highly recommend Cobra Insurance Brokers to anybody in the flooring industry as they are active members of Ferfa and in today’s market they have the skill and mind set to meet a business’ challenging needs.