The Business Insurance Claim Process
Stratton Richards (a trading name of Fernard Ltd.) is a claims management company authorised and regulated by the Financial Conduct Authority and is funded by solicitors on its panel who pay a fee for marketing services. These costs are not passed on to our clients.
Running a business is hard. Starting your claim is simple:
Claiming through your business insurance may ensure the survival of your business through this testing time.
Why us?
Telephone: 01625 469827
Our panel of solicitors have been running these claims since the pandemic began and have already achieved success.
- Each insurance policy is complicated and unique, the individual wording of each one is key – the solicitors will scrutinise your policy and determine whether you may be able to claim.
- If eligible, they will then use their expertise to ensure that your claim is presented in such a manner that it is dealt with quickly and efficiently by the insurer.
- The solicitors will not allow the insurance company to escape their responsibility. They will calculate your losses and fight your corner, meaning you may not have to take your insurer’s first answer or offer.
Businesses are not obliged to use the services provided by Stratton Richards and may also choose to pursue claims via the financial ombudsman or their insurer directly.
Process
Starting a claim is free and simple.
Submit an online enquiry form along with a copy of your business insurance policy.
The Stratton Richards team will conduct a FREE, in-depth analysis of your insurance policy and be in touch within just 7 days.
If eligible to claim, your case will be sent to our panel of solicitors. If you choose to go ahead, the panel will act on your behalf. They will fight your corner and quantify your losses to ensure you get the maximum pay out from your insurer.
Your case will be allocated to our panel of solicitors who will assess your policy for free and move your claim forward on a NO WIN, NO FEE basis if you’re eligible.
No Win No Fee Explanation
No Win, No Fee is a term used to describe an agreement between a Solicitor and a Claimant. It states that in this instance, the Claimant cannot be charged if their Business Interruption insurance claim is unsuccessful.
However, if your case is successful the solicitor may take up to 25% of the compensation awarded, although this will be subject to your individual circumstances and the actual fee may be more or less than this.
In some circumstances the solicitor may wish to insure the case with an “after the event” insurance policy, this will be done on a case by case basis. If you terminate the agreement with your solicitor outside of the ‘cooling off’ period or before the case is concluded you may be charged for the work done on your behalf. The charges are calculated on a hourly rate. The hourly rate may differ according to the geographical location and experience of the solicitor.
The key information...
What
What is business interruption insurance?
Business interruption insurance covers businesses for their losses when they cannot carry out business as usual, due to an event such as a natural disaster or disease outbreak.
Why
Why use Stratton Richards?
Our panel of solicitors will ensure that your claim is presented properly and calculated accurately. That means there is less likelihood of your claim being returned to you because of missing information or insufficient data.
How
How to start your claim?
To start your claim fill out our online enquiry form, submit a copy of your insurance policy and our team will begin conducting your free policy assessment.
Stay safe. Protect your business.
Are you concerned about the financial future of your business?
Get in touch with us
Location:
Stratton Richards
115 Wilmslow Road
Handforth
Cheshire
SK9 3ER
Telephone:
Call: 01625 469827
Email:
info@strattonrichards.com To begin your free assessment please enquire via one of the ‘Start Your Assessment’ buttons. This is to ensure you are submitting the correct information, allowing our team to process your enquiry as soon as possible.
We will assess your policy for free and move your claim forward on a NO WIN, NO FEE basis if you’re eligible. *Charges may apply. See here for details.