Professional Indemnity Insurance

Professional Indemnity Insurance is designed for people who provide professional advice for a living, including accountants, marketing consultants and medical professionals. It protects you, your employees and your business against claims arising from alleged errors and omissions in carrying out your professional duty, such as:

• when a third party, usually a client, alleges that your professional advice, design or service is negligent and caused them loss – the loss can be bodily injury, property damage or financial loss.
• from a breach of the duty that you owe as a professional or an expert.
• as a Civil Liability from the conduct of your professional services.

Management Liability Insurance

Management Liability Insurance protects a business and individuals from the financial exposures relating to running a company.  Cover can include:

• Directors’ & Officers Liability Insurance: This protects a Company and/or its Directors and Officers (such as Senior Managers) from claims arising out of performing their daily duties.
• Employment Practices Liability Insurance: This protects the business against claims for unfair dismissal, sexual harassment, discrimination, workplace bullying, failure to promote and many other employment related incidents.
• Statutory Liability Insurance: This protects the business from fines and penalties that can result from an accidental breach of the law. This could include Occupational Health and Safety, Privacy Laws and Employment Laws.
• Crime Insurance: This protects the business against fraud and dishonesty by employees and third parties
• Tax Audit cover: This protects the business for the costs of responding to tax audits.

Cyber Liability Insurance

Cyber Liability Insurance provides cover for your business should you suffer a loss resulting out of the “hacking” of your electronic data or software within your computer network as well as providing Liability for events such as the spreading of a virus or malicious code.

Cover generally includes:

First Party Losses

• Business interruption losses for the business and external suppliers
• Cyber-Extortion
• Electronic Data replacement

Third Party Losses

• Security and privacy liability
• Defence costs
• Regulatory breach liability
• Electronic media liability

Extra Expenses

• Crisis management expenses
• Notification and monitoring expenses