In 2022 tool theft from vans cost businesses £3.5bn, devastating the lives and businesses of large numbers of UK tradespeople, so blip is working to support and protect small businesses owners for whom their tools are their livelihoods. blip now offers business equipment and tools cover which protects against damage or theft whether at business premises, customers premises or if working remotely.
In 2022 tool theft from vans cost businesses £3.5bn, devastating the lives and businesses of large numbers of UK tradespeople, so blip is working to support and protect small businesses owners for whom their tools are their livelihoods. blip now offers business equipment and tools cover which protects against damage or theft whether at business premises, customers premises or if working remotely.
In 2023 £98 million worth of tools were stolen from tradespeople. blip’s cover includes all tools and business equipment without any individual item limitation so regardless of the nature or value of the tools, blip members can rest assured that they are protected against potential losses and will be able to get back to work quickly.
The blip digital platform allows members to easily register their tools and equipment by uploading or emailing in photographs and proof of purchase at anytime. blip also offers 'new for old' cover, ensuring that members receive full replacement value for items less than six months old and for items up to a year old a reimbursement of 90% of the price of new equipment.
blip returns up to 10 per cent of its total policy premiums to its policyholders through a pioneering profit share model, enabling its members to save money, share in profits and benefit from a growth-focused online business community.
Gary Ross, Founder & CEO says: “The rise in tool theft is an epidemic. Tool theft isn’t just a loss of equipment; it’s a threat to livelihoods and the integrity of skilled trades. Each stolen tool represents hours of hard work and investment, hurting the foundation of small businesses and hitting the pockets of tradespeople during a cost-of-living crisis.
Growing up with family working in the trades I know first-hand the toll it can take mentally and physically, add the stress of having your tools stolen when you have deadlines to meet and it can be truly ruinous. It’s time we address this epidemic as an industry, providing quick solutions to get tradespeople back on the tools and support those who build our communities.
We are using our digital-first platform to cut costs and pass on the savings to our policyholders through our profit-sharing model. We want to empower our members and build back trust between policyholders and providers through greater transparency and sharing in the profits.”
To find out more about blip’s business equipment and tools cover and to get a quote in just three-clicks, visit www.justablip.co.uk