|We will tailor the insurance to match:
|Tailored to your business
Important to insure your liability as a consultant
Our consultancy insurance includes, among other things, professional liability insurance.
This so-called professional indemnity insurance covers compensation claims as a result of incorrect advice, calculations, instructions, drawings or descriptions.
Liability insurance with legal protection is also included, which means we help you in legal disputes related to your consulting assignment. We will take your case to court and pay the legal costs.
Did you know that...
Did you know that a client can require you to have professional liability insurance? As a consultant, you can be hit with large compensation claims if errors in your advice lead to a loss for the customer. Professional liability insurance is a security for both you and the customer as it ensures that your company can meet such a compensation claim.
When is a consultant held liable for damages?
Depending on the industry and the agreements entered into between a company and a consultant, different rules apply. To be held liable for damages means that you, as a consultant, by means of the advice you have given or the work you have performed, have caused damage to the client's business that results in a cost to them.
In these cases, the customer may have the right to raise compensation claims against you as a consultant, which is why it is very important that you have liability insurance that covers your liability as a consultant.
We will help you
We have a lot of experience insuring consultants, and our experts are ready to assist you. The insurance will be tailored to fit the needs of your particular business to make sure that you get the insurances you need - no more and no less. That way you get to focus on the core activities of your business.Have us call you
Business insurance is always important to have, regardless of the industry your company operates in. As a consultant, it may even be a requirement that you have a professional liability insurance (sometimes called a professional indemnity insurance) in order to enter into contracts with other companies.
As a consultant, you often act as an advisor on behalf of the customer. If at any time you accidentally give erroneous advice or perform a task that in any way causes a cost to the client, they have the right to make a claim for damages against you as a consultant.
Therefore, it is important that you have liability insurance with professional liability coverage. In this way, you protect your consulting business from the financial consequences that come with a compensation claim.
When you work as a consultant, you may be met with claims for compensation if the client believes that you have given incorrect advice or made incorrect assessments in your role as consultant. Therefore, it is important to have a professional liability insurance that covers the costs in these situations.
Depending on the particulars of your consultancy business, it may also be relevant for you to consider our Liability Package, which includes legal advice at no extra cost as well as cyber coverage.
It is always good to have:
- Property insurance
Our property insurance insures what is valuable to your business. You get coverage for your goods, machines, tools, computer, telephone, and other assets used in the business. It is important to know that your private contents insurance does not cover what belongs to your business. If you are a consultant and work from home, you must have property insurance to protect the items you have purchased for the company.
- Person insurance
Person insurance protects you and your employees in the event of illness, long-term sickness absence, accidents and business trips.
- Vehicle insurance
If you or your employees have company cars, it is important to have car insurance.
Contact us and we will make sure that your consulting company has complete consulting insurance that matches your company's needs.
A professional indemnity insurance is more commonly known as a professional liability insurance, and it protects you as a consultant in situations when you have received a compensation claim against you or you have ended up in a legal dispute. It can, for example, be in cases of incorrect advice, infringement of intellectual property rights, or delivery of a defective product. If you receive a claim against you, we will assist with the investigation, take your case to court, and pay any legal costs.
The price of consultant insurance varies depending on the type of project that you are working on. Relevant factors include turnover, type of business, number of people in the business, and more. We always tailor insurances to the individual company, so that you are neither underinsured nor overinsured.
You can fill out our form and then we will get back to you with a price and additional information.