The way in which many professional service providers operate has been transformed by modern communications and new technologies. While this progress has created many opportunities, it has also created some challenges, such as network security and managing fraud which has seen a need for cyber and crime insurance.
Giving expert advice is integral to professional services and professional indemnity insurance will protect against claims for negligence in their offering of advice, design, skills or knowledge in a professional capacity.
We are becoming increasingly reliant on technology to do our jobs.
For office based companies, computers are core to the daily running of the business. Significant loss or damage to computer equipment can result in a serious business interruption.
Professional services are prime targets for cyber criminals seeking sensitive, high-value information, such as customer data, trade secrets and intellectual property. Companies face a duty of care to protect their clients’ confidential information in order to avoid liability for any damage or distress caused to individuals and organisations as a result of data loss or theft.
Typical cover can include
- Property Damage
- Business Interruption
- Employer’s Liability
- Public Liability
- Professional Indemnity
- Directors & Officers Liability
- Personal Accident
- Business Travel
- Cyber Liability
As part of the service we provide at Astute
you will have a dedicated Account Executive and Account Handler who are on hand to provide risk management advice to help you identify and mitigate risks, in addition to any other assistance you may require.