General SMEs

We understand the power of small businesses

No two small businesses are alike

SME’s face unique risks and often have a limited budget to address those risks. While there are many well-intentioned policies out there, finding one that fits your precise needs and budget is like trying to find a needle in a haystack. That’s why we cover the full range of corporate insurance products, so our experienced brokers can guide you to your best-fit solution.

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Our insurance solutions

Our highly experienced brokers are well-equipped to support the rise of SMEs as we’ve seen the ins and outs of a wide range of claims and risks throughout our long-standing history.

Office insurance
Protect your business against fire, flooding, property damage, and burglaries. While many may think the likelihood of these occurrences is low, most landlords will require office insurance as part of their tenancy agreement.
Performance bonds and security deposits
A performance bond can be issued to another party and serve as a guarantee against that party's failure to meet their contractual obligations. SMEs will often come across these bonds in government tender projects and with some MNCs.
Employee benefits
SMEs who wish to attract and retain the best talent in the market should look at providing competitive employee benefits such as group health insurance, which will protect staff against onerous medical expenses including hospitalisation and surgery.
Cargo insurance
SMEs are increasingly getting sales from overseas markets. As a result, the importance of cargo insurance continues to grow. Cargo insurance protects your goods against physical loss or damage during transit.
General, public and product liability
The fast-moving nature of an SME often warrants all three above-mentioned insurance policies. Together, they protect against any bodily injury or property damage claims that may be raised against you, your business, or your product.
Directors and Officers insurance
D&O insurance protects the personal assets of the company directors, including their estates so they can confidently make management decisions and take comfort knowing that their personal assets are secure.
Travel insurance
Comprehensive travel insurance is crucial to the safety and well being of employees. With many travel uncertainties, travel insurance should be a priority for any company.
Commercial crime insurance
Crime insurance allows you to safeguard your business from any internal or third party crime that arises from dishonest actions. This may include fund transfer fraud, theft of your company or client property, and forgery or alteration.
Work injury compensation insurance
As an employer, you are liable to compensate employees if they sustain workplace injuries, including loss of wages. Under the Work Injury Compensation Act, it's a legal requirement for you to purchase insurance for all workers earning S$2,600 or less a month.
Professional indemnity
Some business clients may require SMEs to have professional indemnity insurance before entering into a partnership with them. Professional indemnity protects companies from claims arising from unforeseen service mistakes or errors.
Motor insurance
Business motor insurance doesn’t just cover damages to the fleet – it also provides indemnity against third-party bodily injury or property damage caused by any company vehicle.
Cyber security and data protection
With increasingly frequent cyber attacks, companies need cyber insurance to protect against the repercussions of data breaches, including hefty remediation expenses that result from mandatory disclosure.

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Kelvin is here to assist.

Kelvin has over 15 years experience in corporate insurance and comes from a civil engineering background. Kelvin has expertise in specialised risks including marine, offshore, oil and gas contractors and speciality liability including healthcare and pharmaceutical.

CONTACT Kelvin