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IT Project Managers Professional Indemnity Insurance, Manchester

IT Project Managers Professional Indemnity Insurance

Hensure Business Insurance has an on line solution that allows you to quote and buy your IT Project Managers Professional Indemnity insurance in a matter of minutes.

As an IT Project Manager you will oversee the development and installation of computer systems for organisations, you will be responsible for making sure projects are completed on time and on budget.

Why Buy Professional Indemnity Insurance?

Typically, IT Project Managers provide a service that comes with an expectation of a certain level of professionalism and specialist knowledge.  Unfortunately, regardless of how much experience your firm may have, there is always the possibility you (or one of your team) could make a mistake.

IT Project Managers Professional Indemnity insurance covers you in respect of compensation that you may have to pay to your clients arising out of problems associated with the work you have carried out for them. The insurance is designed to cover the cost of defending you against any allegations of wrongdoing as well as covering damages that may be awarded against you. It may also cover the cost of correcting mistakes in order to avoid a more costly legal action.

What limit of indemnity do IT Project Managers require?

The limit of indemnity that you require under your policy is generally for you to decide based upon your own assessment of the exposure that you face in your business. It is worth bearing in mind that the costs involved in defending Professional Indemnity claims can be astronomical so this needs to be taken in to account. It may also be that your client insists on you buying a certain level of cover as part of the tendering process so the decision may be taken out of your hands to some extent.

Buy cover online today.

This is a hassle free way to buy insurance without the need to complete any lengthy proposal forms and provides cover under a technology and media wording that offers a wide range of cover for professionals in the IT industry.

Typical IT Project Managers Professional Indemnity Policy Coverage would include:

  • Breach of Civil Liability
  • Negligent act error or omission
  • Unintentional intellectual property rights infringement (other than patents).
  • Unintentional breach of confidentiality
  • Unintentional defamation
  • Loss of third party documents or data
  • Computer virus transmission
  • Negligence of sub-contractors
  • Irrecoverable fees
  • Rectification and loss mitigation costs
  • Bodily injury or property damage arising from breach of professional duty
  • Defence costs
  • Court attendance costs

How much is your IT Project Managers Professional Indemnity Insurance going to cost ?
The cost of your Professional Indemnity cover will depend upon a few key factors including the complexity of the projects that you manage, the sectors that you work in, your annual turnover, your previous experience and whether you have previously had any claims made against you.

Please follow the link below to get a competitive quotation today. For further information and advice please contact us or call 01270 758056

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