Professional Risks Insurance

When you provide professional services to your clients there is always a chance that you could suffer a claim for negligence.

It is therefore vital that you have professional risks cover in place to cover the cost of compensation and the legal defence of the claim should it arise.

Every professional business risks the chance that their work will be challenged – if the customer loses money or sees damage caused to their reputation then you will need to have adequate insurance in place to protect you.

Gleaming Risk Services Ltd work with a specialist insurance company, who are experts in this field and if you take out a policy with us, you will have cover in place for:

Negligence or breach of duty: should you fail in a duty of care to your client, perhaps giving incorrect advice or making a mistake in your work

Infringement of intellectual property rights like copyright, trademarks or moral rights, for example, if your business uses content from a website or publication without permission.

Defamation: producing or supporting libel or slanderous statements about a person or organisation.

Breach of Confidence: sharing confidential or sensitive client information without consent

Court attendance: the costs to you of your directors or employees attending court in relation to a covered claim

Advertising: mistakes such as inadvertently making a misstatement that you cannot substantiate

Sub-contractors and outsourcers: work undertaken on your behalf is treated as if it was done by you – however, the insurers will reserve the right to recover losses from your subcontractors or outsourcers

Dishonesty of your partners, directors, employees, sub-contractors and outsourcers – claims made against you and your own direct financial losses

There is a vast range of business activities that can be covered, and you can choose to add on more protection to the Professional Risks policy as well, such as Public Liability, Employers Liability, and Office Insurance.

Speak to Gleaming Risk Services Ltd today to get your specialist Professional Risks insurance quotation and get that peace of mind to allow you to continue to build your business.