Professional Indemnity Insurance for Heating and Ventilation Engineers

Traditionally engineers would always hold Professional Indemnity Insurance covers, particularly if they were either civil, structural or consulting engineers, however, it may not have been purchased by companies or individuals running specifically heating and ventilating, ducting type businesses, however, nowadays most contracts being offered to these types of company would require them to hold Professional Indemnity and that particular policy should be worded based on a design and construct wording, ideally this is because the heating and ventilating engineer very often would produce drawings and give advice in respects to how their particular installation would work for a client.

We would highly recommend where a company is involved in this type of service, that they do consider the policies required to protect their company’s interest as should the work be completed and a subsequent complaint against either the design or construction of the ventilating system had been inappropriate as far as the client is concerned, they would need to protect themselves against this type of allegation. Naturally with a Professional Indemnity Insurance policy, this would offer them legal protection and costs to defend and also any damages awarded, should they subsequently be found to be neglectful in either the design or installation on the project.

Click for a Professional Indemnity Insurance quote from leading insurers.

How to purchase your Professional Indemnity Insurance

There has been an increasing demand for more professions of all kinds to consider obtaining Professional Indemnity Insurance, and in many cases contracts are not awarded, unless proof of purchase of cover can be given to a client.
If you have never had a Professional Indemnity Insurance policy and need to know where to obtain cover and PII quotes from, the options are very good. You can approach one insurer direct for quote and covers. On or offline the costs can vary depending on the level of indemnity you require, your background and experience in your profession and the type of service you offer your clients.
You can go on the internet to obtain quotes and buy online from various suppliers who will display the quotations and costs, together with the Professional Indemnity policy terms and conditions within minutes, you should be aware however of who you are buying from and whether they are giving you choices or only offering one insurer’s products, and indeed their experience in handling Professional Indemnity Insurance claims and queries, as the subject matter for this type of policy is indeed quite complex.
For more information go to: www.professionalinsuranceagents.co.uk or telephone us at Professional Insurance Agents Ltd +44 (0) 1323 648000

Professional Indemnity Insurance

Professional Indemnity Insurance - who needs this type of insurance, why should you purchase it and what does it cover us for?

Whether you are considering starting a new Business in the New Year or you are an existing Business thinking about Professional Indemnity (PII) insurance you may need to consider this type of insurance.

All types of professions could be exposed to claims against them for professional neglect for instance, the following businesses should/could have Professional Indemnity insurance in place:

• Accountants
• Business Consultants
• Computer Consultants
• Estate Agents
• Engineers

What does it cover us for?

The policy is designed to offer legal defence cover and damages awarded with cover such as:

• Breach of Professional duty
• Dishonest, fraudulent or malicious acts or omissions of any present employee
• Libel or slander
• Unintentional breach of confidentiality
• Unintentional infringement of Intellectual Property rights
• The loss of or damage to documents
• Any other civil liability
• Select cover for infringement or copyright pursuit cover

For more information about Professional Indemnity Insurance go to:
www.professionalinsuranceagents.co.uk or telephone us at Professional Insurance Agents Ltd +44 (0) 1323 648000.

Business Travel Insurance

The world has got smaller! Or at least we can now reach almost any country in the world within 15-20 hours. So business becomes a lot easier to do in other countries than in the UK.

Directors, officers and staff for companies and corporations need to arrange their travel insurance policies when visiting the various countries they are conducting business in.

Business travel insurance can cover the business man or woman for protection against many types of possible exposures such as:

• Personal Liability
• Corporate Liability
• Medical Expenses
• Credit Card Misuse
• Replacement Passport
• Disruption Cancellation, Travel Delays
• Emergency Reparation
• Personal Belongings
• Kidnap and Ransom

To obtain a quote or for advice go to our website https://www.professionalinsuranceagents.co.uk or telephone Professional Insurance Agents Ltd on 01323 648000.

Clinical Trials Insurance

What is Clinical Trials Insurance and what can it cover?

Clinical trials insurance can provide a number of different types of cover for those who conduct clinical trials, these include public and products liability insurance, professional indemnity insurance and employers liability insurance.

The types of trials that speciality liability insurance can provide cover for are :

• Medical and Surgical Products
• Pharmaceuticals and Drugs
• Supplements and Cosmetics
• Scientific and Technical Equipment

Cover for those conducting clinical trials is provided on a legal liability basis but can also extend to incorporate a 'no fault' compensation option.

The public and products liability cover will protect those who manufacture and / or distribute these types of specialist products, and the product aspect of the cover will be provided on a 'claims made' basis and will be subject to a retroactive date.

If professional indemnity insurance is taken out then this will provide the product designers which includes those who build 'prototypes' against negligent acts, errors or omissions. The cover provided by PI would also be suitable for those who manage or report upon the outcome of clinical trials and investigations.

To provide the employers with cover then the employers liability insurance should be taken out in conjunction with the public and products liability cover.

Clinical trials insurance should be something that is very seriously considered by those undertaking the trials.

For further information and to discuss what your business may require please call Professional Insurance Agents Ltd on 01323 648000 or go to our website www.professionalinsuranceagents.co.uk to obtain further details.

Forensic Scientists Professional Indemnity Insurance

What with the closure at Huntingdon’s Forensic Science laboratories, with the loss of nearly 200 jobs, it may well be many of those currently employed by the Forensic Science Service, (FSS) will join the private sector or indeed start up their own businesses offering forensic science services. Naturally there will be a big hole for the police to obtain the necessary forensic evidence to prosecute.
Given this, those businesses that are starting up or bidding for existing contracts will need to consider insurance protection, with insurances such as Professional Indemnity Insurance, Public & Employers Liability and Directors and Officers Insurance. Professional Insurance Agents Ltd are well placed to help new start ups or indeed existing forensic science service companies to obtain these very specialist insurance covers. They have a history of providing companies with insurance products such as Professional Indemnity Insurance, Directors and Officers Insurance policies that help companies or individuals offering forensic services to have cover for possible claims for professional neglect, which offers cover for legal costs and damages up to the level of indemnity chosen.
Professional Indemnity Insurance
For further information and to discuss what your business may require please call Professional Insurance Agents Ltd on 01323 648000 or go to our website www.professionalinsuranceagents.co.uk to obtain a online quote and buy in minutes, with full policy wordings and costs.

Employment Practices Liability (EPLI) Insurance

What could go wrong?

In an evermore complex world of rules, regulations, do’s, don’t's and employees who know the rules sometimes better than their employers.
Watch Out!! Naturally we are all hopefully wanting to do our best by these rules and regulations and indeed most employers would wish to make sure that the people they employ, (often the company’s best assets) are also protected.

However, the pure truth of the matter is unless you are a solicitor specialising in Employment Law or an expert in this field, the likelihood of a claim being made against a company and or it’s directors from an employee becomes very real, with a whole raft of areas to consider such as

1.Racial Discrimination

2.Sex Discrimination

3.Age Discrimination

4.Unfair Dismissal

Just a few areas to give and employer or indeed an employee enough reading and understanding of a system and laws to last a life time! So what can be done to protect both the employer and the employee, where each maybe compensated in the event of a wrong doing from either party?

Employment Practice Insurance cover, or 5/7 years studying Employment Practice Law?

When you’re running a business, small, medium or large, the more staff you employ the higher the risk of you falling foul of these incredibly complex, and it has to be said overkill on regulations. Many of which have been brought about by EU directives.

Larger companies and organisations have the luxury of a full time HR Department, updating them on all the laws, regulations and rules to abide by, they also have trade unions who can help the employee through the various rights and protections they are entitled to.

Middle size companies may very well have the same resources and or maybe an Employment Practice consultant to help them through the maze of heavy regulation, however, smaller companies with maybe up to 50 employees very often struggle to keep up to date with the hot of the press next regulations they must abide by.

One thing for sure is it is unlikely that any company directors running their business, large, medium or small who would be able, (hand on heart) to know all the rules that they are expected to adhere to when employing staff and it is for this reason that all company directors, when taking on their jobs as directors should do the following:

1) Get at least briefed by an Employment Practice Consultant about the various regulations you are meant to be applying to your good business practice. This doesn’t have to take all day, but you need a good basic knowledge of what is expected.

2) Either appoint an EPL Consultant to update you regularly or appoint and make a member of your staff responsible to you, and to keep you informed.

3) Make sure your current company procedures are up to date or get them checked. Where there are gaps, fill them quickly.

4) Make sure all Senior Directors/members of your staff are at least briefed of what is expected of them and their treatment of staff and indeed themselves got that procedure written down and updated and signed off by staff and directors.

5) Here is the BIG one, make sure you have suitable insurances in place to protect the company and it’s directors against possible claims, legal costs and damages that maybe bought against them. Don’t forget whether you were in the right or wrong, you still may have to defend a claim.

Legal costs now are very expensive and can be protracted.

What do you need to cover yourself? We think most companies need a full policy to include the following types of insurance:

1.Directors & Officers Insurance, (D/O), (E/C)

2.Entity Cover, (E/C)

3.Employment Practice Insurance, (EPL)

4.Crime

You need to obtain these types of insurance to protect Directors and the company against claims being made against them for such things as:

• Companies Act,Insolvency Act,Unfair Dismissal

• Health & Safety at Work Act, Data Protection Act

• Consumer Protection Legislation

• Company Directors Disqualification Act

•Wrongful Trading, EU Directives

• Racial, Sex, Age, Disabled Discrimination etc etc.

Not convinced, not worth the money, well think about this, the average solicitor charges £350 per hour.
Directors & Officers policies start as little as £450 for £1,000,000 indemnity.

What type of cover do you get, depends on the policies you need. We suggest you consider the following:

1.Directors & Officers Insurance – (D/O)

2.Employment Practice Insurance – (EPLI)

3. Entity Cover

4.Crime

5.Possible requirement for Professional Indemnity Insurance – (PII)

6.Public & Employers Liability

Call Professional Insurance Agents Ltd on 01323 648000 where we will be happy to discuss in depth your own company requirements. Professional Insurance Agents Ltd is a specialist broker dealing with financial lines and commercial lines for businesses. We can offer both full broking service and Quote and
Buy Online 24/7 across a wide range of commercial and business insurances.

Employment Practices Liability (EPLI) Insurance

Brokers - Why use software houses?

We have read with interest various articles and adverts about software houses offering brokers their very expansive takes on what brokers need to run their businesses.



Naturally it would have to be their particular piece of software that answers all the problems a broker faces, however the truth of the matter is very few of them have the answers to what a particular independent broker needs for their own personal business requirements more that the broker has to adapt their process to the software being offered, in other words we have to conform to what they think is best for us.



When you add it all up, how much real value do you get for your money by putting your whole business in one suppliers hands having to pay them a lump sum/monthly payments, licence fees and upgrades with little chance (without major disruption) of moving very easily to another supplier.



The more serious long term side or even maybe dark side for the small to medium size brokers, is some of those software houses are owned by other brokers waiting to filter you into their ideology.



“Do it yourself”, it isn’t that hard with a good IT consultant you could have far better investment and could be cheaper long term. It will give you the freedom to build something that suits your bespoke business without having to put your hand up to say “can I” to the software house.



“Just a thought to fellow brokers”.