Why choose Hensure for PI insurance
Personal Service
Our business is not a call centre, but instead provides a personal service and dedicated team to assist with your queries.
Experienced Team
Our team has a wealth of experience and knowledge to help you and your business get the most appropriate cover for your needs.
Online System
Our full 24/7 quote and buy facility allows you to run a personalised quotation, at a time that suits you and your business.
Why protect yourself with professional indemnity insurance for Health and Safety Consultants?
Health and Safety Consultants offer expert knowledge and skills to generate and promote a positive health and safety culture within an organisation. They are responsible for ensuring that all of the relevant safety legislation is adhered to and policies and practices are adopted. They help to plan, implement, monitor, and review the protective and preventative measures that companies are required or choose to follow, and work to minimise operational losses, occupational health problems, accidents and injuries.
Due to the litigious nature of the society that we now live in, it is very important for all Health & Safety Consultants to consider taking out PI Insurance. This is due to the fact that your business will be offering professional advice to other businesses.
A Health & Safety Professional Indemnity Insurance policy will cover you if you are negligent or make a mistake in the advice that you give that subsequently causes a client’s business to suffer a financial loss. The insurance policy will cover the legal fees required to defend yourself, as well as any compensation that you may be required to pay.
For further information on all aspects of professional indemnity insurance for Health and Safety Consultants, please contact us today.
Things we look for
- Company Size – the overall size of the firm, based on total turnover, is taken into consideration.
- Type of business – insurers will want to know the split of annual income derived from the proportion of temporary and permanent staff.
- Experience – insurers will most likely want to see the CV belonging to the core people within the firm, demonstrating they have a minimum of five years’ experience.
- Contract size – with reference to large contracts, insurers will be interested in the extent of the Health & Safety consultant responsibilities and whether they are adequately resourced.
- Claims – if there is a history of PI claims then this usually reflects the quality of the consultant, their staff and their internal risk management.
- Overseas Exposure – insurers are interested in knowing if the Health & Safety Consultant deals with clients overseas due to the potential litigious nature of dealing with clients in those particular countries.
- Retroactive Exposure – does the practice have an exposure to claims in the current firm or a former practice arising from past work?
Policy coverage
A typical Professional Indemnity Insurance policy for Health & Safety Consultants will normally cover the following areas:
- Breach of Civil Liability
- Negligent act, error or omission
- Negligence of sub-contractors
- Irrecoverable fees
- Bodily injury or property damage arising from breach of professional duty
- Defence costs
- Unintentional intellectual property rights infringement (other than patents)
- Unintentional breach of confidentiality
- Unintentional defamation
- Loss of third-party documents or data
- Computer virus transmission
- Court attendance costs
Your policy coverage may vary between insurer.
Insurance types
Professional Indemnity
- Professional Indemnity provides cover for claims that arise as a result of the work you have completed or advice you have given.
Public Liability
- Public Liability provides cover should members of the public receive an injury or property damage due to your work. This protects your business should a compensation claim be made, also covering any legal costs that result from this.
Employers’ Liability
- Employers’ Liability provides cover for compensation claims and associated legal costs, arising from employee injury or work-related illness.
Cyber Insurance
- Cyber Insurance provides support in the event of cyber-crime and unintentional data breaches, offering cover against the cost of revenue and fines.
Directors and Officers
- Directors and Officers insurance policies protect you financially against any claims that are made against you personally in your position as a director, partner or officer of your business.
Legal expenses insurance
- If you were involved in a legal battle, knowing that any money you spend on legal bills would be reimbursed could make all the difference. Legal expenses insurance does just that. It ensures that your business remains financially stable after a legal case by helping to compensate the business for incurred costs.
Contact us to find out more about the right cover for your business.
