The Business Insurance Bureau

Risk Presentation Form

This form has been created to help you make a full presentation of the material facts and risks involved in your business. It requires a bit of thought and information about different parts of your business, so make sure you’ve got a cup of tea and biccy, and some time set aside to complete it.

Bob’s the Broker’s Risk Presentation Form is a universal form to cater for the risks 21st Century businesses face. The information requested helps us insure you accurately and adequately.

The accuracy of the answers given in all sections of Bob’s Risk presentation Form are pivotal to the future of your business. Discrepancies In the accuracy of the answers may mean that the future of your business is not available to be claimed on the worst of days.

Therefore, there is nothing else for it but to take this seriously: even the law says you must – it’s a really, really important form.

Insurers and underwriters are neither philanthropic nor charitable nor is this a maintenance contract for your business. It is a highly conditional and complex contract and the reliance upon the answers you give is total.

Incomplete information is one of the two main reasons 50% of all large claims from businesses are disputed. Indeed, you have a statutory duty, under the terms of the Insurance Act 2015, to reveal everything that you know or ought to know.

If you do not provide complete and accurate information, this raises the possibility that the insurer or underwriter will not deal with any subsequent claim completely or, in extreme failures, the entire claim may be turned down and the contract voided from its inception.

Also, this form is something that cannot be rushed nor can it be passed to a junior member of staff. Indeed the law takes the matter sufficiently seriously that it demands senior management complete the form in collaboration with other senior management or specialist staff who have knowledge of particular areas of the business.

In short, you cannot later claim not to know what you ought to know because you did not access information that is held within the business or its contact sphere.

Our risk presentation form expects you to have a lot of information to hand and to speak with numerous colleagues. We know this isn’t always possible in one sitting, which is why there are two different ways to complete this form:

Online form

Fill in the online form as best you can. There are no mandatory fields after the beginning of the form so you can fill in as much or as little as you have to hand. If you can’t answer some questions, don’t worry, leave them blank and we can come back to you to discuss it. Where there are answers or features that require particular attention or special explanation they will be highlighted with a blue hyperlink.

Note: There is no ‘save’ function until the end of the form at the Declaration section, which why we say fill it out as best you can, then skip to the end to submit.

Download and/or Print Editable PDF

Our editable PDF is much more digestable if you are looking to speak to multiple people about the questions, or need to do a bit an information gathering exercise to fill it out. 

Download or Access Online

What is in the Risk Presentation Form?

Accurate information is more important than the speed with which it’s compiled.

Below is a bit about the information we’ll need from you:

Basics: The basic details of your business and who is completing this form.

Risk Exposure: A few simple questions to get you thinking about the risk exposures of your business.

Business History: The history of the business can massively impact its future, if you don’t tell us it happened, we can’t defend you.

People: This is where you will need to confer with colleagues about important ‘people related’ events that could impact the outcome of future claims.

Premises: Here we’ll be looking at the premises as a whole to identify things that might need to be changed/reviewed to meet tough policy conditions. No property? You can skip this section.

Process: How do you do it? When does it happen? How often? These are the things we need to know to get your adequately and accurately insured.

Assets & Liabilities: Maths and money, you’ll need your accounts information to hand for this one, but don’t worry, we’ve done our best to guide you on exactly what’s required if numbers aren’t your thing.

Declaration: Well done, it’s over, we just need to know who filled in the form and when.

Bob the Broker's 'Good to Know' Series

Below are links to Bob the Broker’s Good to know Series, where he simplifies what you need to do as a business owner to make sure you are in the best position possible with insurers. They can often shroud simple instruction in complex langauge, so here we break that down and give examples of scenarios that will help you stay compliant. 

Presenting the Facts

Making a fair presentation of the risk and examples of misrepresentation

Behavioural Conditions

A helpful explanation on ‘Warranties’, ‘Conditions Precedent’ and Policy Conditions

Significant Others

Under-insurance, Claims, Policy Excess and Fraud

In a rush?

 Head to our ‘Get a Quote’ if you are looking to get a quote started and don’t have a lot of information to hand. One of our brokers will be in touch to get the ball rolling when it’s convenient for you. 

Get a quote