Talk to a Professional

An insurance broker knows the types of covers needed and where to find them. This can save you time, money and worry.

When arranging insurance, many people take shortcuts without seeking proper advice, not understanding the fine print or considering whether they are getting value for money.

Often they are disappointed when their insurance doesn't come to the rescue.

Professional Indemnity

Professional indemnity insurance protects businesses and consultancies against legal action and financial losses such as legal costs and damages claims resulting from alleged malpractice or professional misconduct, or any failure of duty in providing a professional service. It is also a mandatory requirement for some occupations or industry sectors.

Claims are usually based on allegations of negligence or claims of malpractice or professional misconduct — such as giving inappropriate or misleading advice or performing an action that has unintended consequences. Copyright, intellectual property or privacy violations, or failing to meet terms of consumer or fair trading laws are other potential legal grounds.

Public Liability

Public liability insurance is designed to protect you and your business should a customer, supplier or member of the public bring a claim against you for injuries or property damage caused by your negligent business activities.

As a business owner, you have a duty of care to any third party that comes into contact with your business and its activities. Businesses open to the public can be especially vulnerable to third party accidents, which can result in costly public liability claims.