Kingsbridge Contractor Insurance

Kingsbridge, insurance for contractors and freelancers in the UK

Kingsbridge Contractor Insurance is a British brokerage specialising in policies for contractors, self-employed professionals and small businesses. The company presents itself as one of the UK's leading providers of specialist insurance and IR35-related services for the growing workforce of contractors and freelancers. It operates under the trading name Kingsbridge Contractor Insurance, the name under which Kingsbridge Risk Solutions Limited acts, an entity authorised and regulated by the UK Financial Conduct Authority.

Policies for contractors, trades and small businesses

The insurer's catalogue is organised into several blocks of cover. For contractors and self-employed workers it offers protection against claims, accidents, injuries and legal costs. For the trades sector it has specific policies, and for small businesses it has its own small business insurance product.

The offering is completed with complementary covers:

• IR35 insurance and legal expenses cover for taxes, interest and penalties arising from HMRC investigations.
• Public liability insurance, which covers damage to third-party property or injury to third parties, including legal fees.
• Employers' liability insurance, protection against claims from staff for legal liability in the event of injury; the company notes that it is a legal requirement for all businesses with employees.
• Directors' and officers' insurance, which protects against actions by a regulator, a client or HMRC, including legal fees and defence costs.
• Professional indemnity insurance, which covers businesses, limited company contractors and sole traders against claims for negligence, such as poor advice.
• Cyber liability insurance.
• Run-off cover.

IR35 advisory and review services

In addition to policies, Kingsbridge provides consultancy and document review services. These include contract reviews and IR35 status reviews. The company has an IR35 status tool that assesses the risk of falling within the scope of IR35 and being subject to an HMRC investigation. It presents itself as a provider of IR35 consultancy for contractors, agencies and end clients.

Sectors covered

The insurer states that its team can tailor policies for self-employed professionals from a very wide range of fields. The sectors it mentions are: banking and finance; construction; energy, oil and gas; engineering; interim management and consultancy; IT and technology; media and creative; offshore work; social care, health and education; and trades. Within this classification it offers specific products, such as insurance for energy, oil and gas contractors working in the UK or abroad, for engineering contractors and technicians, for IT and technology freelancers, for banking and finance, for interim management and consultants, for media freelancers and specialist insurance for recruitment agencies and payroll companies.

Scale and activity

According to its own presentation, the company insures more than 35,000 contractors, works with more than 500 partners and manages new business through its own online distribution channels. The website shows a rating of 4.7 out of 5 based on more than 11,000 reviews, and indicates that it is possible to get a quote in less than five minutes. The company also publishes informative content in its resource centre, with articles on insuring tools for tradespeople, questions to ask before buying contractor insurance or criteria for evaluating cheap trades insurance.

Structure and regulation

Kingsbridge Contractor Insurance is a trading name of Kingsbridge Risk Solutions Limited, a company registered in England with number 4122238 and authorised and regulated by the Financial Conduct Authority. Its registered office is at 9 Miller Court, Severn Drive, Tewkesbury Business Park, Gloucestershire, GL20 8DN. The company serves its customers through telephone and online channels, and offers claims management, callback request and complaints handling services.

Location and contact

9 Miller Court, Severn Drive, Tewkesbury Business Park, Gloucestershire, GL20 8DN · Phone: 01242 808740 · Email: customersupport@kingsbridge.co.uk