Professional Indemnity
Protecting London Businesses
Professional companies generally include any business that offers advice, makes recommendation or offer a professional service of any nature. Professional Indemnity is a key policy to protect you and your business against any unfortunate errors you may make and is the fastest growing sector of the insurance market.
Professional Indemnity insurance covers a business against any incorrect advice, errors and omissions, but it will also provide key extensions that have been developed specifically to suit the trade description. Trade specific extensions can include contract disputes for software developers or the negligence of a sub contractor for architects for example.
Directors & Officers insurance is designed to cover the business against the decisions that the directos makes and the operations that it trades by. This will protect the entity itself, as well as the people that affect it. One incorrect decision by a director can lead to share prices to plummet, when this happens other directors of the company are likely to pursue them for damages.
Employers Liability Insurance is compulsory for businesses or individuals who employ staff and failing to provide the right protection for staff will leave a client exposed to risk and prosecution. It is therefore a necessity for businesses to make sure they have the right protection for themselves and their staff.
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