Professional Indemnity Insurance for IT contractors

For more than a decade Hiscox have offered specialist professional indemnity insurance to IT contractors. Their underwriters have specialist knowledge of the IT industry. They understand the specific risks you face, and have built a policy that protects you from them.

The Hiscox professional indemnity insurance policy for IT contractors can help protect your business if claims are brought against you by a client because of problems with work you have done for them.

You may need Professional Indemnity Insurance if:

• You provide an advisory service to clients
• Your client requires you to handle data belonging to them
• You are responsible for a client’s intellectual property
• You offer a professional service and could be challenged on your work.

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 than on a policy that does not detail this cover, or a policy that is not specifically for IT contractors.

The policy includes cover for:

Negligence

Any business providing consultancy services is vulnerable to claims of negligence. Professional indemnity insurance will help protect you if a claim is brought against you, whether or not it is founded..

Loss of professional documents

Data and documents belonging to a client or business are covered if they accidentally go missing, are damaged or are destroyed whilst in your care.

Broader definitions for broader protection

Software can be recognised as both the supply of a service or of goods, so Hiscox cover you for claims against both interpretations.

Infringement of intellectual property

Software copyright and trademark issues can be highly complex, so Hiscox cover you in the event that you make a mistake regarding these issues while working for your clients.

Supply of deliverables

You can be safe in the knowledge that you are covered if a client challenges your delivery of software or hardware.

Hiscox offers retrospective cover

If you want the peace of mind that your professional indemnity policy will provide cover for similar work undertaken in the past, Hiscox can offer you retrospective cover as well.

What are the benefits of insuring with Hiscox?

• Several limits of cover available – up to £2 million online and £10 million by phone
• A tailored policy to suit the needs of your business and make changes to your policy at any time
• Interest free monthly Direct Debit instalments
• Apply for a quote online or by phone
• UK based claims team

Get a quote by visiting www.hiscox.co.uk/ContractorUK or call 0845 512 1896

Policies are underwritten by Hiscox Underwriting Ltd on behalf of Hiscox Insurance Company Ltd, both of which are authorised and regulated by the Financial Services Authority.  This promotion has been authorised by Hiscox Underwriting Ltd.