PROFESSIONAL INDEMNITY INSURANCE

Professional Indemnity Insurance provides essential financial protection for a wide range of professional advisers. In the event that a client suffers financial loss as a result of alleged neglect, error or omission Professional Indemnity Insurance will meet the cost of defending claims and any damages payable.

Any person who gives advice, designs, or offers similar services in a professional capacity is seen by clients as an expert. In these times of high consumer awareness, clients will not hesitate to pursue a claim if they feel that they have received sub-standard service. The need for Professional Indemnity Insurance has never been greater.

While some professional people see Professional Indemnity Insurance as an expensive and unnecessary overhead, we know from experience that any professional can produce substantial claims. Court awards have risen sharply in recent years. Without insurance, the financial security of a business is threatened.

PUBLIC LIABILITY EXTENSION

Certain trades may involve work away/on site activities and as such Public Liability insurance provides the insured with protection from claims arising from injuries or damage to other people or property.

EMPLOYERS LIABILITY EXTENSION

Employers liability is a protection for the insured against claims made upon him by his employees or labour only sub-contractors, for death, injury or disease sustained while they are work for which the contractor can be held legally liable.

Since 1971 it has been legally necessary for employers to insure against this risk. Cover is normally £10 Million Indemnity.

DIRECTORS & OFFICERS LIABILITY EXTENSION

Directors and Officers Liability Insurance provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company. Think of Directors and Officers Insurance as a management Errors and Omissions policy. Cover can usually include Employment Practices Liability and sometimes Fiduciary Liability. The former involves harassment and discrimination suits, and is where the majority of your exposure will be.