A consultant is paid for judgement, and the claim usually follows when a client acts on advice that does not deliver what was expected. The difficulty for an insurer is that consultancy covers a very wide range of work, so the activities you actually carry out matter more than the job title.
Client contracts often ask for specific limits and sometimes for indemnities that go further than the law would otherwise impose. It is worth checking those terms against the policy before signing, particularly where a large client has written the contract.
Professional indemnity for management consultants: change programmes, operational advice, capped liability in client contracts and the use of associates.
Read moreProfessional indemnity for business consultants advising SMEs: informal engagements, grant and funding work, and the line between general advice and regulated advice.
Read moreProfessional indemnity for strategy consultants: due diligence, transaction support, market entry and forecasts a third party relied on to invest.
Read moreProfessional indemnity and product liability for technical consultants: process, plant and equipment advice that becomes physical once it is implemented.
Read moreProfessional indemnity for healthcare consultants: clinical governance reviews, CQC readiness, service redesign and healthcare business advice, and where clinical advice needs separate cover.
Read moreInsurance for independent consultants and contractors working through their own limited company: the cover agency and client contracts require, and why the contract sets the limits.
Read morePlenty of businesses do more than one thing. Tell us what you actually do and we will work out the cover around it. Call 01304 262880, or email us with a phone number and the best time to call and a broker will ring you back.