If you are involved in providing advice, professional or consultancy services to other businesses or any kind of design work, we firmly advise that you take out professional indemnity insurance.
Unfortunately we live in a litigious society, where clients will not hesitate to sue if they incur loss as a result of advice or service you have provided, sometimes even the most reputable companies find themselves in dispute over a mistake or error.
Professional indemnity is designed to protect you against a dissatisfied client, who has suffered financial loss, injury or damage because of your mistake or professional negligence and files a claim against you.
It offers protection against a wide range of risks, including libel and slander, negligence or duty of care, infringement of copyright and intellectual property rights, loss of or damage to documents or data belonging to your clients, and dishonesty of your employees.
We can advise on the level of professional indemnity you need to have in place to provide adequate security, based on the nature of your business and the services you provide.