‘Failure to involve the right people at the right time’, just one of the reasons for IT project failure debated at a recent Hiscox and Computer Weekly roundtable.
IT consultants and suppliers professional indemnity insurance
For more than a decade we have offered specialist professional indemnity insurance to IT companies. Our understanding of your industry is why we provide broader protection than many standard professional indemnity policies.
Our professional indemnity insurance policy for IT consultants and suppliers can help protect your business if claims are brought against you by a client because of problems with work you have done for them. It is available for IT consultants, contractors and trainers.
Why choose Hiscox IT Consultants Professional Indemnity Insurance?
Most importantly the policy defines IT products as either a product or a service - a much broader definition which means better cover for IT professionals than you would get under a standard professional indemnity insurance policy.
Our policy includes cover for:
unintentional breach of a written contract to supply software or hardware. In our experience, breach of contract is one of the most common insurance claims in your industry, which is why we cover it as standard
the supply of ‘deliverables’ like software or hardware
negligence; where you have failed in your duty of care to a client, perhaps giving incorrect advice or making a mistake in your work
any civil liability; this means that if a claim occurs because of your business activity for a client and we haven’t specifically excluded it, it’s covered
infringement of intellectual property rights like copyright or trademark
