Do I need professional indemnity insurance if I’m not delivering to the end user?

It’s important to note that you need PI even if you’re not dealing with the final customer. For instance, you may have been subcontracted to complete a task for another business, because that’s where your expertise lies. If your advice is incorrect, your client may be pursued for damages by the end user, before your client pursues you for those costs.

Which types of contractor need professional indemnity insurance?

If you’re a contractor that provides advice, designs, or specifications, you should consider taking out a policy. An experienced insurance broker will be able to advise on whether you need it and to what level.

Is there anything I should keep in mind while searching for professional indemnity insurance?

Consider the consequences of any service or advice you provide failing. You should also think about the value of your contracts and any specific obligations you have to professional bodies.

Professional Indemnity Insurance for IT Consultants

Name: Professional Indemnity Insurance for IT Consultants
Brand: Alan Boswell Group
Rating: 4.8 (11210 reviews)

Professional indemnity insurance for IT consultants protects against claims of inadequate workmanship, design errors, or project delays.

Prices start at £100 per year

Flexible limits from £50,000

Optional extras available

Professional indemnity insurance for IT consultants is vital because you may face claims from both your clients and the end user. With potential errors around data protection, programming issues, and failure of software, amongst others, a mistake on the part of an IT consultant can have a serious financial impact on a business.

The Alan Boswell Group Difference

We’ve worked with small businesses, sole traders, and partnerships for more than 40 years. As businesses with unlimited liability, we understand the importance of professional indemnity insurance for contractors, and the protection it provides for both your livelihood and your personal assets. Our specialist PI team will work with you to get the right level of cover for each of your contracts, so you’ll be protected if you unintentionally make a mistake.

How our customers rate us

Alan Boswell Group have consistently demonstrated everything I have ever wanted for insurance - professionalism, expertise, attention to detail, courtesy, whole of market coverage and value for money.

Mr Lawson - Professional Indemnity Insurance

4.8/5 11210 reviews

Professional indemnity insurance in detail

The word ‘contractor’ broadly refers to people who are self-employed and have unlimited liability. As such, your personal assets are at risk if a client makes a claim against you. This includes building contractors, IT contractors, and freelancers in all industries.

Our specialist PI policy provides cover for a wide range of IT consultants, including hardware consultants, web designers, and software vendors.

Defence and damages

If a client or end user suffers financially because of your services, professional indemnity insurance will cover the cost of your defence and any compensation awarded.

Confidentiality breach

If your business is entrusted with commercially sensitive or personal information in confidence and you unintentionally share it, you could be liable for putting the error right.

Reputational damage

During the course of providing your services, you may accidentally make false claims or damage another’s reputation, resulting in legal action being taken against you or your client.

Copyright breach

If you copy, or suggest that your client copy, another work you may be subject to legal action. You could be faced with a compensation claim for loss of earnings or charged with putting the work right.

Loss of documents

Whether you suffer a cyber breach or misplace vital paperwork, you could cause your client or their end users to suffer. PI would fund the recovery of replacement of these documents.

Employee dishonesty

Provides cover if your customers suffer a loss as a result of dishonest or fraudulent activity by a member of your team.

Formal investigation

If you are investigated by your professional or regulatory body, PI will cover the cost of the investigation and any legal proceedings brought against you.