Personal · Independent · English speaking · Since 1998
Business Insurance in Mallorca
For English speaking business owners, self-employed professionals and companies in Mallorca: compare public liability, commercial multi-risk and employee protection, with clear advice in English.
- Advice in English with no need to manage insurance in Spanish
- Business cover coordinated through one local adviser
- Independent insurance broker since 1998
- Personal support in Llucmajor
Request a Business Insurance Quote
Takes around 3 minutes to complete. We reply within 24 hours.
We compare leading insurers for your business
Our complete insurance range in Mallorca
Complete protection from one local broker
Three simple steps to suitable business cover
Send your enquiry
Complete the form in English in just a few minutes. Your details help us identify the most suitable cover for your business.
Risk review and conversation
Our English speaking team will contact you within 24 hours to discuss your activities and review the risks your business faces in Spain.
Tailored comparison
You receive a clear, no obligation comparison of suitable policies from several leading insurers.
Maximilian Binder & Vanessa Hofrichter
Specialists in insurance solutions for international businesses in Mallorca
“We understand what it takes to build and run a business. That is why we advise companies and self-employed professionals in Mallorca personally, independently and in clear English, from the initial risk review through to claims support.”
- Telephone: +34 871 221 049
- Mobile: +34 639 936 074
- Email: [email protected]
- Office: Ronda de Migjorn 2, 07620 Llucmajor, Mallorca
- Languages: English, German and Spanish
Our business insurance solutions in detail
Explore each area for more information about available cover, practical examples and common questions.
Business insurance
Comprehensive protection for companies, self-employed professionals and commercial operations. Depending on your activities, a tailored solution can combine public liability, business contents, stock, business interruption and other relevant risks.
Hotels and holiday rentals
Hotels, fincas, holiday rentals and tourism businesses in Mallorca need specialist cover for buildings, guests, liability, business interruption and other risks specific to the sector.
Professional indemnity
For consultants, service providers and other professionals, even a small error can lead to a significant financial claim. Professional indemnity insurance can respond to valid compensation claims and help defend unjustified allegations.
Construction insurance
Protection for property owners, developers and new-build projects in Spain, including solutions for the legally relevant ten-year decennial insurance requirement.
Fleet insurance
Cover for company cars, vans and mixed fleets in Spain, with options for own damage, roadside assistance and coordinated claims support.
Cyber insurance
Cyberattacks, data loss and business interruption can affect small and medium-sized companies too. Cyber insurance can cover areas such as IT forensics, recovery costs and liability claims, depending on the policy.
Owners’ communities
Property managers and owners’ communities need dedicated cover for communal areas, liability and building damage. We review existing policies and compare terms from several insurers.
Which insurance does your business need in Mallorca?
Whether you run a restaurant in Palma, a workshop in Llucmajor or a holiday rental agency on the coast, every business has its own risks. Instead of offering a standard package, we combine the cover that fits your activities. These are three of the most important areas:
The foundation
Public liability
- Injury, property damage and financial loss caused to third parties
- Product liability for retail and hospitality businesses
- Required for many licences, contracts and commercial relationships
Property and income
Commercial multi-risk insurance
- Business premises, contents and stock: fire, water damage, theft and glass breakage
- Business interruption following an insured loss
- Machinery and electronic equipment damage
People and vehicles
Employees and fleet
- Collective agreement accident insurance, known as Seguro de Convenio
- Health insurance for employees and directors
- Fleet and commercial vehicle insurance
Depending on your business, we can add professional indemnity, legal expenses, cyber insurance, directors’ and officers’ liability, environmental and transport cover, or life insurance for shareholders and key people. We regularly work with businesses in sectors including:
- Restaurants & hospitality
- Retail
- Beauty and aesthetics
- Food retail
- Offices and consultancy
- Car dealerships & workshops
- Transport and logistics
- Education
- Tourism and leisure
A proper risk review, not an off-the-shelf policy
Before making any recommendation, we review your business activities, assets, existing policies and the risks your operation actually faces. This helps avoid both duplicated insurance and serious gaps, such as missing business interruption cover that could threaten a company after major water damage.
As an independent broker, we then compare terms from several Spanish and international insurers, explain the Spanish policy wording in clear English and remain by your side if a claim becomes complicated. We can also review existing Spanish policies before you decide whether to change anything.
If your business already has insurance abroad, bring the policy schedules and documented claims history. Some insurers may take previous claims experience into account, particularly for motor and fleet risks. The choice of excess can also affect the premium, so we compare the available options for you.
Protecting employees correctly: convenio, accident and health cover
If you employ staff in Mallorca, it is important to check the collective agreement that applies to your activity. Many Spanish Convenios Colectivos require employers to arrange accident or death cover for employees, known as Seguro de Convenio. If the required policy is missing, the business may face substantial liability. We check what your convenio requires and arrange the appropriate cover.
Private health insurance for employees and directors is also a popular benefit. It can support recruitment and retention among international teams on the island, while any tax treatment should be confirmed with your tax adviser.
How much does business insurance cost in Mallorca?
A fixed price would be misleading because business insurance premiums depend on the sector and activities, turnover, number of employees, the location and construction of the premises, and the limits of cover selected. A small office will usually pay less than a restaurant with a kitchen, terrace and employees.
After a short risk review, we prepare a free comparison using terms from several insurers. We present it clearly in English and explain the differences. Before each renewal, we review the policy again so the cover and price remain competitive.
Frequently asked questions
Which insurance does a business need in Mallorca?
It depends on your sector, premises and number of employees. Common areas include public liability, commercial multi-risk cover for premises and contents, employee protection and, depending on the business, fleet, cyber or legal expenses insurance. We review your operation and recommend a suitable combination.
Is public liability insurance compulsory in Spain?
There is no single legal requirement that applies to every business. However, public liability cover is compulsory for certain activities and licences. In practice, clients, landlords and local authorities may also ask for evidence of cover. We check what applies to your activity in Mallorca.
What is Seguro de Convenio?
Many Spanish collective agreements, known as Convenios Colectivos, require employers to arrange accident or death cover for employees. This is commonly called Seguro de Convenio. We check the sums and benefits required under the convenio that applies to your business and arrange the corresponding policy.
Can you review our existing Spanish policies?
Yes. We analyse your existing contracts, explain in English what is actually covered and identify possible gaps or duplicated insurance. You then decide whether you want to make any changes.
How much does business insurance cost in Mallorca?
Premiums depend on the sector, activities, turnover, number of employees, premises and the limits selected. A single standard price would be misleading. After a short risk review, we prepare a free comparison using terms from several insurers. Read our guide: Business Insurance in Mallorca
Who helps with a claim if we do not speak Spanish?
This is exactly where we can help. If you need to make a claim, contact us. We communicate with the insurer and loss adjusters in Spanish, keep you updated in English and support you throughout the process.
Protect your business in Mallorca
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