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Professional Indemnity & Public Liability (IT Liabilty)

PROFESSIONAL INDEMNITY INSURANCE

What is it?

Professional Indemnity insurance provides your company and your executives with cover against legal liability, the threat of litigation and potential resultant damages arising out of the professional services and products you provide to a third party.

Why do you need it?

With advancements in technology and the increasing complexity of software, the demand for specialist and general IT consultants has increased enormously. IT consultants face claims not only in connection with the quality of the advice they deliver but also for damage caused by the failure of the products they supply.

Purchasing Professional Indemnity insurance allows you to operate confidently and securely in the knowledge that your potential professional liability exposures are covered.

PUBLIC AND PRODUCTS LIABILITY INSURANCE

What is it?

Public and Products liability insurance protects businesses against the costs of compensating third parties if they suffer bodily injury or damage to their property. This does not include employees, who are protected under Workers Compensation Insurance, or incidents caused by motor vehicles which are not usually covered by this type of insurance. This type of cover pays for the claimants' legal costs, the costs of defending the action as well as the cost of compensation to the claimant third party.

Why do you need it?

Businesses have a duty of care to their customers and the general public. In today's increasingly litigious world, companies and other organisations are increasingly likely to find themselves held liable for accidents and events that cause injury to these third parties or damage to their property.

If your turnover is less than $1M per annum, for Professional Indemnity or Public Liabaility Insurance, you can obtain a Quote online in under 5 minutes:

No fuss insurance that you need
Finalise your insurance coverage in under 10 minutes
Tailored specifically for IT Professionals
Competitively priced
Underwritten by CHUBB
Protect yourself against claims

Go to www.insuremeonline.net

Otherwise, click Request Quotation below and one of our representatives will be in touch with you within 1 business day.

Or learn about other Commercial Insurances.

Professional Indemnity & Public Liability (IT Liabilty)Other Commercial Insurances Personal Insurances Benefits & Discounts for AIIA Members

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If you are interested in Insurance for your business

Then you may also be interested in ensuring you have properly drafted business contracts to protect how you do business. For example, AIIA.biz legal Experts offer:

software licences if you are a software supplier,
hardware agreements if you are a hardware supplier,
development agreements if you are a developer, or
hosting agreements if you provide hosting services.

These can all further reduce your risk of exposure, as well as helping improve your revenue recognition and profitability. These can also help you get a greater discount on your liability insurance premiums from AIIA.biz!