Keep your business operating smoothly and successfully with guaranteed protection! With Outrisk Insurance, you can shield your business from any risk with in-depth coverage and 24-hour support.
What is Business Insurance?
What is Business Insurance?
As a local business owner, you strive to make your business surge to new heights every day. So when unexpected events and disasters hit, you need to ensure your business continues to run smoothly and successfully no matter what!
Outrisk offers full, all-around coverage that keeps your business secured from any risks leading to financial losses.
When the worst happens, we make sure you and your company can get back up and running as quickly as possible.
Business insurance helps cover your business’ financial assets, intellectual and physical property from:
- Industry
- Size
- Location
- Number of employees
You should frequently analyze your business’ insurance needs because policy coverage changes as the business grows.
Read more
As a local business owner, you strive to make your business surge to new heights every day. So when unexpected events and disasters hit, you need to ensure your business continues to run smoothly and successfully no matter what!
Outrisk offers full, all-around coverage that keeps your business secured from any risks leading to financial losses.
When the worst happens, we make sure you and your company can get back up and running as quickly as possible.
Business insurance helps cover your business’ financial assets, intellectual and physical property from:
- Lawsuits
- Property damage
- Theft
- Vandalism
- Loss of income
- Employee injuries and illnesses
- Industry
- Size
- Location
- Number of employees
You should frequently analyze your business’ insurance needs because policy coverage changes as the business grows.
Read more
Why insure your Business with Outrisk Insurance?
Why insure your Business with
Outrisk Insurance?
Our team of qualified insurance brokers can help you measure up business insurance solutions and identify what level of commercial coverage you need. We carefully examine the hazards of your trade and provide the right policy to protect you against claims.
We’ll start by looking at what covers would apply to your business type and needs. Then, we will help you figure out which policies are the most valuable for you. Best of all? We’ll make sure you get an insurance package for the right price!
Our team of qualified insurance brokers can help you measure up business insurance solutions and identify what level of commercial coverage you need. We carefully examine the hazards of your trade and provide the right policy to protect you against claims.
We’ll start by looking at what covers would apply to your business type and needs. Then, we will help you figure out which policies are the most valuable for you. Best of all? We’ll make sure you get an insurance package for the right price!
All in One
The most extensive coverage for your business. It safeguards your commercial building and assets against all risks that may cause loss and damage.
Reliable Insurance Provider
We have been serving Cyprus since 1989. We hold a track record of successful business insurance deals & 100% satisfied customers.
Round-the-Clock Customer Support
Our staff is readily available 24 hours, 7 days per week for any unanticipated events and accidents.
Competitive Premiums
You have extensive coverage with free incentives at the most reasonable prices in Cyprus' insurance market.
Quick claim settlement
We offer exceptional services for our clients and take care of settlements promptly so that you can concentrate on your healing.
Who is this for?
Tailored for local business owners – no matter the type of the business.
Call Us +357 97770067
Email us info@outrisk.com
Generally, Outrisk's business insurance policies are focused on the following kinds of companies:
- Salons
- Spas
- Barbershops
- Restaurants
- Bars
- Cafes
- Food trucks
- Bakeries
- Other retail and service establishments
Why do I need Business Insurance?
Why do I need Business Insurance?
Developing a booming business requires the investment of endless hours and substantial expenses. Thus, keeping the company secure is the primary concern for any business owner.
Ensure you’re covered from any legal obligation against any risks related to your work functions. Whether it’s about your team members, everyday operations or the business units, we’ve got you covered.
Business insurance can help safeguard entrepreneurs and independent professionals against everyday risks. The risks may involve mistakes, supply or premises damage, and legal costs (known as Liability insurance). Some insurance policies can even shield against business interruption and supply chain disruption.
Read moreDeveloping a booming business requires the investment of endless hours and substantial expenses. Thus, keeping the company secure is the primary concern for any business owner.
Ensure you’re covered from any legal obligation against any risks related to your work functions. Whether it’s about your team members, everyday operations or the business units, we’ve got you covered.
Business insurance can help safeguard entrepreneurs and independent professionals against everyday risks. The risks may involve mistakes, supply or premises damage, and legal costs (known as Liability insurance). Some insurance policies can even shield against business interruption and supply chain disruption.
Also, according to the Labour Laws of the Republic of Cyprus, all employers that do business in the Republic of Cyprus are obligated to have employer’s liability insurance. This grants coverage against their liability if any employee falls ill or gets injured while working.
The minimum repayment costs demanded by the law are as follows:
- Limit for every employee: €160.000
- Limit per event or chain of events: €3.417.203
- Aggregate limit during any one period of insurance: €5.125.000
Bring your company to the next level with comprehensive & guaranteed security – only with Outrisk Insurance!
What does Business Insurance cover?
What does Business Insurance
cover?
- Fire
- Smoke
- Lightning strike
- Earthquake
- Volcanic eruption
- Thunder
- Storm
- Typhoon
- Cyclone
- Flood
- Fall of trees
- Explosion
- Water leakage
- Water tank overflow
- Pipe or fuel device overflow
- Theft
- Attempted theft by forcible means
- Aircraft impact
- Forceful impact causing significant damage
- Malicious damage
- Strike
- Civil unrest
- Glass panes damage
- Contamination of goods
- Freight in transit
- Employer liability coverage
- Employee dishonesty
- Short circuit coverage
- Electrical installation
- Plumbing installation
- Locks
- Panes
- Crystal
- Storage services in case of fire, flood, or other unforeseen events
- Transportation of furniture or other belongings
- Storage of furniture or other belongings
- Cleaning of a damaged site
- Temporary replacement of TV or DVD player
- Emergency messaging
- Ambulance
- Transportation of the insured to the client’s primary residence
- Lock replacement
- Leak detection
- Leak repair
- Wire damage
- Damage to underground services
- Water meter damage
- Payable or receivable income
- Architect and mechanical fees
- Third-Party Liability
- Product Liability
- Consequential Damage
- Refusal to access
- Accountant’s fees
- Money
- Personal accident from attack
- Personal accident
- Fire
- Smoke
- Lightning strike
- Earthquake
- Volcanic eruption
- Thunder
- Storm
- Typhoon
- Cyclone
- Flood
- Fall of trees
- Explosion
- Water leakage
- Water tank overflow
- Pipe or fuel device overflow
- Theft
- Attempted theft by forcible means
- Aircraft impact
- Forceful impact causing significant damage
- Malicious damage
- Strike
- Civil unrest
- Glass panes damage
- Contamination of goods
- Freight in transit
- Employer liability coverage
- Employee dishonesty
- Short circuit coverage
- Electrical installation
- Plumbing installation
- Locks
- Panes
- Crystal
- Storage services in case of fire, flood, or other unforeseen events
- Transportation of furniture or other belongings
- Storage of furniture or other belongings
- Cleaning of a damaged site
- Temporary replacement of TV or DVD player
- Emergency messaging
- Ambulance
- Transportation of the insured to the client’s primary residence
- Lock replacement
- Leak detection
- Leak repair
- Wire damage
- Damage to underground services
- Water meter damage
- Payable or receivable income
- Architect and mechanical fees
- Third-Party Liability
- Product Liability
- Consequential Damage
- Refusal to access
- Accountant’s fees
- Money
- Personal accident from attack
- Personal accident
Get an insurance quote
Get an
insurance quote
We have the experience and the competitive prices.
Have a look at what we have to offer.
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Satisfied
Clients
6000
Contracts
Assistance
67807
Market
Share
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Portfolio
Assistance
Frequently asked questions
Most businesses need liability insurance. But there are several different sorts of liability coverage. The most common types of liability insurance required for small companies are general liability and professional liability plans.
If you want comprehensive coverage, here are 7 particular kinds of business insurance you need to shield your venture:
- Professional liability insurance
- Property insurance
- Workers’ compensation / Employer liability insurance
- Product liability insurance
- Vehicle / Car insurance
- Business interruption insurance
- Additional coverage for equipment for home-based businesses.
Several factors contribute to working out your business insurance cost. The most significant aspects are usually your business type, number of employees and coverage needs. These factors can differ considerably from business to business.
No matter the type of business you’ve formed, you are obligated by law to get public liability insurance.
This is a necessary form of insurance policy in Cyprus and safeguards you from claims by third parties. This includes suits against you because of negligence, death, injury, loss and damage of property, and financial losses.
Employers’ liability insurance is a legal requirement for most limited companies with in-house staff, contractors and temp workers. It’ll cover claims from employees who’ve been injured or become severely sick while working for you.
Our claims management team at Outrisk is here to help you through the many challenges of filing claims! We provide personal services with care and compassion, ensuring you’re fully informed and well equipped at each step of the process.
