Providing reliable, professional advice is a crucial part of any IT consultant’s role.
For the most part this is exactly what you provide your clients with. But even the most reputable IT consultant can make mistakes. If your client thinks that the advice you have given them has been negligent, caused them a financial loss or hurt their reputation, they could try to claim compensation from your business.
Many clients, particularly local authorities and large companies, will even ask you to provide proof of professional indemnity insurance before they agree to work with you. So make sure you've got the cover you need.
With some of the most likely IT claims covered, including system security breaches, installation failures and human error, our Professional Indemnity Insurance is well suited to those working in Computer Programming, IT Consultancy, Software Engineering and Software Consultancy sectors.
If you're sued for a professional consultancy mishap which is covered by your policy, our Professional Indemnity Insurance will pay out for the defence costs you may need such as lawyers, experts and other court costs, which are payable in addition to the policy limit.
You'll also be covered if you need representation at any inquiry which is directly related to any claim or circumstance and for any compensation up to the policy limit that you choose.
|When do you need it?|
|Breach of professional duty||When you or your business has a duty of care to a client, but doesn’t live up to that standard, such as incorrect advice or making a mistake in your work|
|Unintentional breach of confidentiality||If your business keeps confidential client information and accidentally releases it to a third party without the client's consent, or it's stolen, your business could be sued|
|The loss of or damage to documents||Information kept on computers and on file could be,damaged, lost in the post, or even stolen due to negligence while in your care|
|Unintentional infringement of intellectual property rights||Your business could be sued if it accidentally violates a copyright, patent, or trademark, including imitation or passing another's products/services off as your own|
|Libel or slander||Writing or saying statements that damage someone's reputation could lead to your business being sued|
Once you take out our Professional Indemnity Insurance, you're covered for work you've done from that moment on, so long as you keep renewing your policy. You can also get retro-active cover, so your business is insured from the date you first bought a professional indemnity policy. But you'll need to keep a record of any previous policies.