PI insurance

Why do Freelancers need Insurance?

2009-08-26T06:14:00.000-07:00

freelancers don't ignore indemnity insurance, this is always better for you to have insurance.Any kind of miss happening can cause temporarily or permanent damage to your project and you will find yourself in deep trouble as you have to pay heavy claims of your client.To avoid such kinds of circumstances get insured from us have complete piece of mind.

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Recruitment Professional Indemnity Insurance

why do you need insurance?

2009-08-26T05:35:00.000-07:00

Recruiters, you do a good job, but still you can't be sure that the candidate u are going to recruit is really the right choice.A slight mistake can ruin your whole project and can cause serious financial damage. So why to take risk. Get insured from best insurance company of UK.

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Indemnity Insurance

Freelance Indemnity Insurance

PI Insurance

Recruitment Professional Indemnity Insurance

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2009-07-10T01:33:00.001-07:00

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Pi insurance

2009-05-29T08:04:00.000-07:00

IT Contractor Insurance - Professional Indemnity Insurance
IT Contractors are part of a growing workforce trend. All around the world, companies large & small are parcelling out work to independently employed IT Contractors. Why is IT Contracting growing at such an accelerated rate? The No.1 reason is that companies are doing whatever they can to reduce operating costs. Reducing the number of permanently employed staff & hiring IT Contractors to replace them is a large part of that strategy. Major UK companies like British Telecom, Lloyds Bank, Norwich Union & Glaxo Wellcome are all hiring IT contractors to perform work that was once done in-house.
For enterprising professionals, this trend spells tremendous opportunity, but beware. It's estimated that there are now some 400,000 IT Contractors working in the UK & as the industry grows, the potential for claims against those contractors providing the technology solutions grows accordingly. In today's highly litigious environment IT Contractors need to be comfortable that their true risk exposures are covered.
IT Contractor Insurance - Financial Protection In The Event Things Go Wrong
IT Contractors are entrusted by their clients to provide a professional service and are seen as experts in their field. As highly skilled & trained professionals most go through their careers without making a mistake that causes financial loss to a client. Others are less fortunate. Unintentional incidents like losing client data or damaging a client network system can open them up to litigation and expose them potentially ruinous financial claims. This is where IT Contractor Insurance comes into play.
IT Contractor Insurance with Professional Indemnity cover helps guard against the financial consequences of being sued by a client following a mistake. A Professional Indemnity policy will fund the legal costs of defending a case and should a case be proven the cost of meeting compensation payments. A good policy will help form an effective legal blanket against most risks including;
•Breach of contract•Breach of confidence & privacy•Computer virus transmission•Defamation•Dishonesty•Intellectual property rights infringement•Loss or damage to documents or data•Negligent misstatement or misrepresentation
Professional indemnity insurance for IT contractors is easily obtainable from a number of UK insurance brokers. For a relatively small fee (premiums tend to start at £150 per annum) IT Contractors can concentrate on doing what do they best without worrying about the possibility of litigation. Furthermore, as more IT recruitment agencies like Computer People, Elan & Hudson now require professional indemnity in their terms of business, its an investment that should help secure more contracts.
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