Find resilience through failure Stephen Newton, founder of Elixirr

Specialist insurer, Hiscox, has produced a series of 60 second lessons from industry experts called “Unskippable Minute”. In this one, Stephen Newton, Founder & CEO of ELIXRR, talks about how he believes that the resilience to follow through is critical. Real lessons in life come from trying something and not getting it right.

“Take failure in your stride – analyse it and learn from it.”
Stephen Newton

When you are taking risks to grow your business, the one area you don’t want to take a risk is protection in case you inadvertently make a mistake.  Professional indemnity insurance can give you the reassurance that if, despite your best endeavours, something does go wrong you have the support behind you to put it right.

Professional Benefits Programme

We work with Hiscox, who offer a wide range of policies to protect your business – including directors’ and officers’professional indemnitycyber and data risks, and office cover. As an IoD member, you benefit from a 12.5% discount* on their standard rates for the life of your policy.

Hiscox wants to help your small business thrive. Their blog articles will contain lots of useful information relevant to your growing business. But these articles do not constitute professional advice and must not be construed nor relied upon as such. To find out more on a subject we cover here, please seek professional assistance, specific to your circumstances.

*Any discount is only applicable to policies introduced via the Institute of Directors, whether existing or new, but could not be applied to policies that are being managed by an alternative third party such as an insurance broker.

Discount available for the lifetime of your policy applies on renewals while the Institute of Directors remains an Introducer Appointed Representative of Hiscox Underwriting Ltd.

Terms and conditions apply. For full terms and conditions see

The Institute of Directors is an Introducer Appointed Representative of Hiscox Underwriting Ltd. who is authorised and regulated by the Financial Conduct Authority. For UK businesses only.

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