Chemical Insurance

As an owner or director of a business within the chemical industry you, your business, your staff and often your supply chain and customers will face unique risks. Some of these will be of a hazardous nature.  Your business insurance cover must be tailored to meet the specific needs and requirements of your business. If the unexpected were to happen, you need the reassurance that you have the appropriate insurance cover in place? 

A robust risk management and insurance programme can help your chemical business to respond quickly, maintain continuity and manage your reputation.

Find out how HISL Brokers Limited can help you to manage any potential risks and protect your staff, customers, buildings and equipment within a comprehensive insurance solution.

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Types of insurance cover your chemical business may require

Insurance programmes for chemical businesses would typically include a combination of the following cover:

  • Buildings cover: Provides cover for your business premises in the event of flooding, a fire or theft.
  • Employers’ liability: This is a compulsory type of insurance for employers, regardless of whether the member of staff is permanent, temporary, volunteer, contractor or freelancer. The minimum level of protection is £5m, which will cover the cost of compensation claims if staff get injured or fall ill as a result of carrying out their required duties.
  • Business interruption insurance: Provides cover for financial losses if your business can’t operate from its premises as normal as a result of a fire, major theft or a flood.
  • Business assets and equipment insurance: Provides cover for the assets that your business needs to operate, including furniture and computers.
  • Environmental Impairment
  • Goods in transit: This will provide cover if chemicals are damaged, lost or stolen while being delivered by your freight company.
  • Public liability insurance: Provides protection if your chemical business activities kill or injure a member of the public or damage their property.
  • Products liability insurance: Provides cover if an individual suffers damage or injury as a result of a product that you designed.
  • Credit insurance: Provides cover in the event that your clients don’t pay their invoices.
  • Business interruption and supply chain: Many companies operating within the chemical industry are part of a complex structure of supply networks. If there are any issues within this supply chain it can leave your business at risk. With business interruption and supply chain insurance, you can help manage risk from failure, fire, terrorism, product recall, and cyber attacks, all which can potentially cause issues to the operation of your business.


These are just examples of some of the types of chemical insurance policies that we look after at HISL Brokers Limited.

What insurance do I need for my chemical business?

If you are responsible for the running of a chemical business of any kind, you should consider taking out a tailored insurance programme. The wide variety of risks to both the staff and customers create the need for an insurance solution that provides comprehensive protection. It is imperative that these risks are accurately conveyed to potential insurers to ensure that you have no gaps in cover, and are not paying extra due to ambiguity about your practices, processes and risk mitigation steps.   

We know that no two chemical businesses are the same, so speak to us today to find out which policies will best meet your needs.

The cost of chemical insurance

The combined premiums that you will pay for your chemical insurance programme depends on the level of cover that you need and the breadth of risk that your business is exposed to.

It is crucial to ensure that you are properly protected in the event of an incident occurring. With that in mind, at HISL Brokers Limited we will take the time to understand the specific needs of your business and recommend the amount of cover that is best suited to you.

Importantly, we work tirelessly on your behalf to present your business to potential insurers as accurately as possible so that premiums are completely appropriate to your risk exposure.

Insuring your chemical insurance business

HISL Brokers Limited is well placed to provide you with the professional support to review your current insurance programme and assess where you might be at risk from underinsurance, or even paying for excessive cover.

We understand that chemical businesses face unique risks and challenges on a day-to-day basis, and that you need bespoke insurance that works for you and gives you the level of cover that is appropriate to the risks that you face.

Give your business the protection that it deserves today – if you want to find out how much piece on mind costs, contact the team on + 44 (0)207 220 9020 or +44 (0)161 513 0430