Professional Risks
Professional indemnity insurance.
Many professions are required by law to have professional indemnity insurance.
Accountants, Architects, Engineers, Surveyors and the Legal profession have
for many years benefited from this type of cover. However anyone who provides
advice, design or services whether for a fee or not may be exposed to claims
that could be protected by a professional indemnity policy. In fact any business
consultant, designer or professional adviser is regarded by their clients
as an expert. As the world becomes ever more litigious an increasing number
of self-employed professionals are now seeking the peace of mind that this
cover provides. The need for Professional Indemnity cover has never been greater.
We understand that as a professional your time is valuable. It may be beneficial
therefore for us to offer our time and expertise to properly assess the risks
of your particular circumstances. To help you determine your business insurance
needs and the exposures you may face.
Following are just a few examples of the kind of cover professionals may require.
Our experience can help determine which is appropriate for you.
Directors and Officers Liability Insurance.
This is now regarded as essential because their personal liability can be
unlimited. Increasing legislation domestically and internationally means the
possibility of legal action against directors and officers is increasing.
Claims may be brought from many sources including competitors, employees,
shareholders, governmental and non governmental organisations, creditors and
members of the public. We can arrange protection tailored to a company's individual
needs, with high levels of cover provided if required, and lower limits and
excesses to suit the needs of clubs, charities, associations etc.
Libel Insurance
increased litigation and changing technology exposes publishers, distributors,
authors, writers etc. to an increased risk of action. Cover can be provided
against a wide range of risks.
Fidelity Guaretee
Theft or criminal activity by an employee. These insurance policies provide
cover against dishonesty by employees, which can include fraud, third party
computer fraud, forgery, theft of money in transit and on the premises. This
cover can be tailored to the particular requirements of the customer. Alternatively
there are a number of providers of standard policies which can provide excellent
cover, our experience of this market can be valuable when deciding on the
most appropriate.
Legal Indemnities Insurance.
These policies are usually long term and are designed to protect property
owners, developers, mortgagees etc. from financial losses which could occur
many years later. They are designed to resolve legal problems which may be
encountered for example, in the fields of conveyancing and administering estates.