Professional Risk Insurance

We now live in a highly litigious society and many businesses, in addition to the more traditional professions, have a legal liability to provide accurate advice and services to their customers. The law is constantly changing, exposing more and more businesses and organisations to the risk of being sued for professional negligence.

We would recommend that any organisation giving advice to businesses or the general public needs to consider protecting themselves against the high cost of defending such claims and any subsequent damages. Taking out professional indemnity insurance will mean your business is then adequately protected against such claims. We can discuss with you all aspects of cover including levels of indemnity and excesses.

Directors and Officers Liability

Individual directors and other persons employed who fall within the scope of Companies Act legislation have a personal responsibility for the results of committing “wrongful acts”.
Employers’ liability, public liability and professional indemnity policies specifically exclude such cover.
The law now makes the individual responsible which means personal assets are at stake.
These assets can be protected by a DIRECTORS AND OFFICERS LIABILITY POLICY which can be paid for by the company.
If you would like to find out more about protecting your business and personal assets, contact us immediately to discuss your individual circumstances with one of our professional account executives.

Examples of Businesses who should consider Professional Indemnity insurance.

• Architects
• Estate Agents
• Surveyors
• Computer Consultants
• Designers
• Solicitors
• Accountants
• Recruitment Consultants
• Product Design
• Construction professionals