Business Consultants Insurance
Why do you need professional indemnity insurance?
Business consultants provide specialist services that come with a risk of being held to account for a client’s financial loss, should negligent advice be given or inadequate service supplied.
If your business is held responsible for delivering inadequate advice or services that cause a client to lose money, Professional Indemnity Insurance (PII) will offer protection for any compensation payable to the claimant, and any legal costs incurred defending the claim.
Having PII in place to deal with these claims is essential to protect your business and reassure your clients.
At Marsh Commercial, we offer risk management advice to help mitigate the day to day risks accountants face. We also have a dedicated in-house claims team to help guide them through the claims process step by step, helping to get the right resolution.
What can it do for you?
We understand the insurance requirements of business consultants, whatever your area of expertise:
- Management consultants.
- Recruitment consultants.
- Health and safety consultants.
As well as offering different levels of cover, our PII solution offers the following additional benefits:
- Automatic renewal facility (subject to criteria).
- Capped excess.
- Free tax advice helpline for you and on behalf of your clients.
- Interest-free instalment facility.
- Dedicated claims team.
- Free 24-hour legal and counselling advice helplines for all partners.
In addition to providing protection should your business be liable for any compensation payable to your client, our services for business consultants also include risk management support; we can help mitigate day to day risks.
At Marsh Commercial, our dedicated in-house claims team will guide you through the process step by step to find the right resolution.