Protecting State Securities plc

State Securities plc has over 30 years' experience in providing asset based finance to businesses of all sizes and status.  The range of products is extensive including machinery and vehicle finance, commercial mortgages, re-finance and turnaround finance.  With its head office at a beautifully situated business park just off the M27 near Southampton and an industrial storage unit near Southampton and 60 staff, the insurance requirements are broad.

Martin Tidby is Finance Director of State Securities and of his company’s commitment to business insurance he says, “We don’t like any surprises – if there is a risk out there and we can insure against it, we will.”

The company has cover including commercial combined, combined liability, engineering inspection, motor fleet, legal expenses, business travel and computer.“ The team at Noyce insurance have been looking after State Securities for many years - even before I came here.

“Every year, or more often if something new occurs, our business needs are reassessed. We are advised on the cover we need and Noyce make sure we are getting value for money; they deal with our claims, and they also look after the personal insurance of some of the directors. What we like is that everything gets done with no fuss and we are never left wondering if we have the best deal.”

On the odd occasion when State Securities need to repossess, Noyce will put in place temporary cover for the item. “Give Noyce a job, and they just get on with it,” says Martin. “It saves untold management time.”