Cost cutting
June 1st 2004

Spirit Business Insurance is confident it can offer insurance savings of 20 to 30% to well-run businesses, while maintaining and often improving the level of insurance cover.

The company says businesses, particularly those in the biggest sector (up to 5 million turnover), have consistently suffered from premium increases applied indiscriminately. It points out that in the past 12 months, insurance costs have come down, yet this has not been reflected across the broad spectrum of British industry. The company aims to give a true picture of the actual insurance risk, where well managed companies can benefit from good practice.