PROFESSIONAL & TECH
INDEMNITY

Why

Why do you need this cover?

It is crucial for professionals, and those providing specialist advice, to employ specialised knowledge, skill and care in their business dealings with their clients.

If acts (or omissions) are carried out negligently the professional may be deemed liable for a loss suffered by a third party. In today’s litigious age having adequate Insurance coverage which can protect the individual professional and their business from the financial fallout of such claims is imperative.

What

What does it cover?

Professional indemnity insurance can help protect your business if a client claims there is a problem with the work you have done for them. It can cover your costs if you need to pay compensation to correct a mistake or settle a claim and it also covers the cost of your legal defence. 

Tech Professional Indemnity provides bespoke coverage for technology companies which responds to their specific needs and addresses those risks they face in providing products and services.

WhO

Who should buy this cover?

For some professions, it is compulsory to have professional liability coverage by the regulators in the respective industries.

For others, although it is not a requirement, it is highly recommended if the nature of the business is offering advice, knowledge or skills as a service to third parties. If professional advice is offered, there is a need for professional indemnity insurance.

Tech Professional Indemnity is recommended for companies whose primary business activities are associated with the technology industry, which includes computer hardware, software, electronics, semiconductors, internet, telecom equipment, e-commerce and computer services.

How to get this cover?