Professional Indemnity Insurance. Advice on managing & reporting Professional Indemnity claims

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Do Technology Companies Need Professional Indemnity Insurance??

Technology companies face unique risks and require specific insurance coverage’s to protect their business from financial loss. Technology professional indemnity insurance is a key element of risk management for a technology company in today’s world. Read further

Why Is Professional Indemnity Insurance Important To The Technology Industry?

Information technology is the backbone of many businesses yet is poorly understood by many. There’s often an enormous mismatch between client and professional expectation, probably unique to the information technology industry as regards to professional indemnity claims. IT risks used to be treated as “Miscellaneous” but, as the industry has emerged into one of worldwide importance, so the understanding of the legal profession (and thus insurers) has led to a specific focus on IT in its own right. Read further

The Increased Exposure To Risk For Technology Companies

Being at the forefront of innovation leaves technology companies particularly exposed to new areas of risk. Frequently ones you may be unaware of, let alone think you can insure against. Risks such as: Read further

Professional Indemnity Insurance……….Explained

In a modern world we rely upon services provided by others and the increased use by business of outside consultants has increased the scope of the term “Professional”. A professional is now often regarded as any person who offers ‘specialist advice or service’ and not just people like Accountants, Solicitors or Architects. For example an IT, Media or Design and Construction company. Read further