IT consultants insurance

Why do you need specialist IT insurance? 

The Information Technology and Computer sector is highly complex and those working within it face unique challenges and risks that are very different to other professions.

• Complex work can be misinterpreted. Let’s break it down, together.
  It can be difficult for others to understand what you do - we know the feeling! As a result the nature of your work can often be open to misinterpretation. We’ll help communicate your risks clearly to insurers.
• IT projects don’t always go to plan. We’ve got your back.
  From handling confidential data to providing the right advice, the nature of your work brings great responsibilities. But we’re all human and mistakes can happen. From allegations of poor service and contract breaches. Be confident your technology insurance partners have you covered.
• Intelligent insurance solutions. Bringing the experts together.
  Your business insurance requires a customised solution which goes way beyond the standard. We’ll learn about your specific expertise and use ours to deliver rich insights and effective IT insurance solutions.

How our technology insurance team can help

Insurance shouldn’t be painful. After all, it’s there to protect you. That’s why our personable experts will provide advice and support in a simple, solution-focused way that works for you.

No matter how straightforward or complex your risks are, whether you’re looking for a new policy or to amend existing cover, we can help and we’ll take care of you.

What insurance does an IT consultant, contractor or professional need?

Not sure what IT insurance you need to protect your IT contracting business or consultancy? We’ll work with you to identify your needs before presenting an insurance solution that meets your complexities, but you may wish to consider:

Professional indemnity - covers the legal and compensation costs you may have to pay if a client makes a claim against you.

Public liability – covers you for the cost of a claim arising from a suffered injury or property damage caused by you or your employees.

Employers' liability (EL) – compulsory by law for most businesses, EL provides cover if a worker suffers an injury or an illness they believe is your fault.

Directors and officers – also known as management liability portfolio insurance (MLP), provides any director, partner or employee acting in a managerial capacity on behalf of the company cover for defence costs incurred during a claim and awards made against you personally.

Cyber liability insurance – protects your business from cyber-criminal activity such as hacking and cyber extortion, along with the legal and reputational fall-out caused from a data breach.

Insurance solutions for people and businesses like you

Operating in a global, borderless and fast-paced industry carries a variety of unique risks. Data breaches, contract disputes, and infringement of intellectual property remain a constant threat. Meanwhile equipment/software failures, funding/acquisition/exit liabilities, and personal claims made against board members are an ever-present concern. This requires the right expertise in navigating such risk exposures and arranging appropriate insurance protection.

At Marsh Commercial, we support various technology companies including; communications and media specialists, data centres and science parks, fintechs, hardware and electronic manufacturers, IT consultants and contractors, life science providers, medical technology designers, software, gaming and app developers, and much more. Working closely with our insurer partners to arrange insurance policies that are truly fit for purpose.