Which risks should a small business identify first?
Business interruption, liability towards third parties and data loss affect small businesses most often.
How to prepare basic details for a business insurance enquiry?
Business activity, premises, equipment and number of employees are the basic details without which a quote cannot be compared.
- Reading time
- 1 min read
- Updated:
- 11 August 2026
A business insurance enquiry is resolved quickly when details about the activity and assets are prepared in advance. You will use the same details later when renewing.
Quick answer
Prepare details of the business activity, business premises, equipment, stock, number of employees and past claims. Alongside these, state what you want to protect first.
What you need to do
Describe the business activity
State the classification code and the actual description of the activity, since risk assessment differs by line of business.
List the premises
State the floor area, whether owned or leased, the year of construction, and any existing security measures for the building.
List equipment and stock
Prepare a list of more valuable equipment and the average value of stock.
State the people
State the number of employees and how they work, including any fieldwork.
Prepare the claims history
State past claims and any measures you have since introduced.
Prepare
- Details of the business activity
- Details of the business premises
- List of equipment and stock
- Number of employees
- Review of past claims
Common mistakes
- An incomplete list of equipment.
- Not reporting a change of activity or premises.
- Requesting a quote without defined protection priorities.
This text is general practical guidance from the SuravenT platform and is not legal, medical or financial advice. Verify current conditions and regulations with the competent institution or your insurer.
Next step
Protection for property, liability and business continuity.
Submit a business insurance enquiry