In an economic environment of increased responsibility and accountability, Professional Insurance is an essential cover for anyone giving professional advice. You need to ensure that you can operate confidentaly and secure in the knowledge that your business conduct is covered.
Professional Indemnity Insurance:
Professional Indemnity insurance is a very specialised insurance product and operates very differently from a standard insurance policy. It is a non-renewable product, meaning you are issued with a new policy every year, meaning new forms every year. We are fully equipped to assist you in this process.
Directors & Officers Liability Insurance:
This policy protects senior executives of companies against the risk of liability arising from the carrying out of their duties.
Information Technology Liability Insurance:
If you are in the computer industry, you need an Information Technology (IT) Liability insurance policy. These policies are specifically designed to cover liability, intellectual property rights infringements, fraud and defamation which can arise.
Management Liability:
The exposures associated with managing a business are vast and numerous and it is often the one exposure that is not addressed in insurance programs. All companies insure the tangible exposures of property damage and bodily injury, however, the key economic exposure of the ‘management risk’ often remains uninsured.
A company and its directors face both personal and corporate liabilities from numerous stakeholders including the following:
- Shareholders
- Employees
- Competitors
- Creditors
- Regulators
- Customers
- Liquidators/Administrators
When a breach of company law or regulation is alleged, the focus is on your conduct as a manager and as a company. You may think a claim is completely baseless or without merit, but it will still cost time and money to defend successfully.
If you require more information about our Professional Insurance please Contact Us
