Professional services insurance · Folkestone, Hythe, Dover & Ashford
Professional indemnity and office cover for firms whose advice is the product.
Accountants, surveyors, architects, consultants, IT and design businesses.
- PI wordings checked against regulator requirements
- Contract insurance clauses reviewed
The risks you face
What actually goes wrong in professional services
Negligence claims
A client who relied on your advice, design or calculation can claim years after the work was done.
Claims-made cover
PI pays on the policy in force when the claim is made. A gap in cover, or no run-off after retiring, leaves you exposed.
Regulatory minimums
Professional bodies such as RICS and ICAEW set minimum PI terms that your policy must meet.
Cyber and data
Client data and payment instructions make professional firms a target for fraud and ransomware.
Contract terms
Clients increasingly ask for higher limits, fitness-for-purpose warranties or collateral warranties.
How we help
Continuous cover, carefully disclosed
Professional indemnity claims often arrive years after the work was done. We make sure your cover is continuous, your activities are described accurately, and you have run-off in place when you retire or restructure.
Checking contracts
Send us a contract with an insurance clause and we will tell you whether your current cover meets it, and what to negotiate if it doesn’t.
Cover we typically arrange
Every policy has limits, excesses and exclusions. We explain the important ones in plain English before you buy.
Professional services risk check
Answer 4 quick questions. See what an insurer will want to know, and send your answers with a quote request so you are not asked twice.
What to discuss with your broker
- Your talking points appear here as you answer.
This checklist helps you prepare. It is not advice and does not assess your cover. Your broker will go through your needs with you.
Questions
Professional services insurance questions
What is run-off cover?
Because PI is claims-made, you need a policy in force when a claim arrives, even after you stop trading. Run-off cover protects past work after you retire, sell or close.
What does "aggregate" limit mean?
One limit shared across all claims in the policy year, rather than a limit for each claim. Some contracts and regulators require each and every claim cover.
Other sectors
Talk to someone who insures professional services businesses every day
Most clients in this sector prefer to talk it through. Book a callback and we will ask the right questions, so you only explain once.