Professional Indemnity Insurance in the UK, Ireland or Worldwide is now a must for any serious business offering a professional service

We arrange professional indemnity insurance for traditional professions such as architects, engineers, business consultants, estate agents, solicitors, translators, pr consultants, environmental consultants, charities and miscellaneous classes together with those newer businesses or professions that will need to consider professional indemnity insurance policies to protect themselves, such as telecommunications, internet businesses and new media companies.

Without Professional Indemnity Insurance, companies run the risk of being exposed to many liabilities such as:

Libel & Slander
Downloading of viruses to third parties
Malicious falsehood
False attribution of authorship
Passing off copyright or trademarks
Intellectual property rights
Breach of Confidentiality
Breach of normal rights
Negligent statements

The list goes on!!!!

Why Professional Indemnity Insurance in the UK, Ireland or Worldwide is needed

Especially vulnerable are the new internet companies, many of which only recently been formed. They also have (in our opinion) not only a professional indemnity insurance risk, UK, Ireland and worldwide, but their directors and officers can also be exposed to personal claims without the appropriate insurance protection, particularly if there is venture capital funding or shareholders to consider.

You may see very little risk in providing your particular internet service and feel that your procedures are perfectly adequate, however suppose an allegation is placed against your company (maybe unfounded) - the costs to defend this are going to be high. Professional indemnity insurance cover is going to protect your company against such a claim, and in the worst case scenario pay for the damages to the third party if you lose!!!