Professional Indemnity insurance is a form of liability insurance that provides cover for the financial consequences of professional negligence, following a breach of professional duty by way of neglect, error or omission.
In addition, an indemnity is provided in respect of the legal and other costs incurred in the defence of any claim.
Company directors and/or senior executives can be held jointly and personally liable for their actions or the actions of other board members.
Actions could be brought from a number of different parties and the cost of defending allegations can be substantial.
A Directors and Officers insurance liability policy is designed to provide cover for such legal defence costs and, where appropriate, any final settlement or compensation award.
We arrange office insurance policies to protect your business against risks such as theft, fire, water damage and accidental damage, even if the possessions such as portable laptops are temporarily away from the workplace.
Contractors’ all risk insurance provides protection against the loss of, or any physical damage to, a construction project or site. This includes damage to the actual building or extension under construction and/or any plant, materials and machinery that are on site for the purpose of the construction.
This type of insurance is highly recommended as an upgrade to your standard Public Liability or Employers Liability Policy for anyone in charge of a building project.
Where appropriate, CAR policies may be extended to include: