Sole trader insurance

Our specialist insurance for sole traders means that if a project goes pear-shaped, you won't be saddled with an unexpected bill - or unnecessary stress.

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Award-winning cover
Only pay for what you need

Insurance cover for sole traders

Being a sole trader is about freedom, flexibility and being your own boss. But it's not without its risks. Saying goodbye to the 9 to 5 means losing the safety net provided by your employer, so investing in the right sole trader insurance is essential.

Digital Risks help you build bespoke cover from a range of insurance options into a single business insurance policy via a monthly subscription that you can change any time at no cost.

Whether you work on your own or employ people, it’s quick, high quality cover, without the hassle.

We offer everything from public liability insurance to employers liability insurance, professional indemnity to cyber risk and business contents cover.

From £5.13 per month

Pay by the month
Change your cover anytime
Make changes without fees
Instant documents

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A range of covers to meet your needs

Nasty surprises

Your knowledge and expertise are highly sought after, but what if you make a mistake? If your service, advice or work doesn't work out as expected, you could face a lawsuit, with legal costs and compensation to pay. If that happens, our professional indemnity cover (PI) will ensure you're protected. Plus, clients may insist you have it – so it could help you win projects (or not lose them!)

Moments of clumsiness

Our public liability insurance will protect you if you cause injury or property damage to a third party, either at your home office, co-working space, at a client's office, or when out and about. It's also worth bearing in mind that some of your clients, or even suppliers, might ask you to have PL, so make sure your minimum cover limit meets their requirements as well as your own.

Cyber and data threats

Cyber-attacks and data breaches are increasingly common, and it's not just big businesses that are under threat. If your work involves handling a lot of client data – whether on your own systems or in the cloud - then you could be at risk. Our cyber security insurance will protect you for a breach of data protection laws (where insurable by law) and your liability for handling data, as well as cover for extortion, system rectification costs, plus PR expenses and financial loss due to system downtime.

Tools of the trade

Whatever kit you rely on, whether that's a laptop, filming equipment or more technical machinery, having it lost, stolen or damaged will leave you high and dry. With our contents insurance and portable equipment cover, we'll replace your gear and have you back up and running in no time. And unlike with many providers, being based in a co-working space is no problem.

We're rated excellent by our customers

Excellent value at an affordable monthly cost. I have not needed use the services. But its good to know I have the insurance there to allow me to get on with my work.

James, J. Black Photography

Flexible. simple, easy, immediate. As a busy freelancer I need flexibility to potentially change the policy month by month - very handy and a feature I didn't find with other providers.

Tim, Graphic Design Freelancer

Excellent service, and really lovely people. Completely understanding of small or start up businesses, and a willingness/ability to be flexible. I'm very happy.

Lorna, Magic Penny Gifts

A super slick interface and all around great experience. Thumbs up Digital Risks! Having spoken to a number of "large" insurers, the pricing I received from Digital Risks was much more competitively priced for "like for like" cover. Highly recommended.

Jonathan, Frello
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Award-winning insurance

We're the British Insurance Awards 2018 Insurance Start-up Winner - recognised for our innovative range of covers, online customer experience and flexible subscription model, which make buying and managing insurance easy and accessible for businesses in the digital industries.

We insure thousands of innovative businesses
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Authorised by the FCA

The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.

A-rated financial strength

Our insurance products are underwritten by Standard & Poor’s A-rated financial strength or higher. This means the underwriter has been independently assessed by the world’s leading credit rating provider and found to have a strong capacity to meet financial commitments (pay claims).

Protected by the FSCS

If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk