Your professional business activities require you to provide advice or sell your knowledge & skills; whatever specialism, we’ve got you covered.
Our professions insurance package includes comprehensive Professional Indemnity insurance to protect you against claims and the cost of damages awarded.
We understand that despite your diligence, it is not always possible to please every client. If a client is unhappy with your professional work, they may seek compensation.
We are human; on occasion we make mistakes. If you accidentally overlook something, you can be held personally liable for that omission. You may believe there was no error, but disputes happen, and you could have to defend yourself against a claim.
Industry Sectors
Our professions cover (including Professional Indemnity Insurance) provides protection for many professionals, including:
- Accountants
- Architects
- Consultants
- Designers
- Engineers
- IT & Technology
- Surveyors
- Solicitors
Access to markets & strong insurer relationships
We provide solutions from all the leading insurers & specialist Lloyd’s markets.
Tysers Risk Services
Tysers Risk Services is a practical and cost-effective solution, designed to help businesses of all sizes to manage their risk, through access to extensive Health & Safety and Employment Law advice and guidance.
Expert Guidance & Advice
Our brokers search the market to identify the best value protection and our in-house claims management provides support when you need it the most.
Key areas of cover
Aside from Professional Indemnity Insurance here is a small sample of the other insurances we provide for professionals:
We’ve included a concise explanation of each area of cover and how it works below. This is a small sample of the most common covers we provide, if the cover you require isn’t listed get in touch with our team.
We will always ensure you are covered for almost all situations however if there’s a risk unique to you, please contact us and we will try to devise bespoke protection to meet your individual needs.
You can also access a digital version of our full insurance covers guide here.
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Public Liability Insurance
Public liability claims can occur on your premises, or whilst you undertake work at a client’s home or premises. Public liability insurance will protect you and your business against legal costs and compensation claims taken against your business due to third party injury.
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Stock & Tool Insurance
Cover for stock and tools whilst away from your business’s premises.
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Employer's Liability Insurance
If you employ one or more person, you are legally required to have Employer’s Liability Insurance at a minimum level of £5 million. For larger organisations our insurers offer £10 million as standard and our brokers can place much higher levels of indemnity cover.
Employer’s Liability Insurance will cover the cost of compensation to an employee as the result of an injury, illness, disease or death sustained because of their work. It will also cover the cost of legal expenses incurred whilst defending a claim.
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Building & Property Insurance
If you own a commercial building of any kind, whether tenanted or used a base for running your own business, protecting the bricks and mortar is essential.
Building Insurance usually provides cover against flood, fire, storm damage, subsidence and theft. We can place cover for single commercial properties or commercial property portfolios. Cover can be extended to include Debris Removal, Builders Risk Insurance and Glass Insurance.
Contents Insurance cover will cover what is inside the building including fixtures, fittings and items such as furniture and computer equipment.
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Vehicles & Motor Fleet Insurance
We can insure single motor vehicles or a fleet of motor vehicles under one policy. Fleet insurance is available for all types of businesses and vehicles, which can all be covered under one policy. Vehicles that can be covered by fleet insurance include (but are not limited to) cars, vans, trucks and minibuses.
Motor insurance protects your employees, your vehicles and other motorists against liability claims if an accident occurs, and provides financial compensation to cover any injuries to people or their property.
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Accident & Illness Protection
Employers or individuals can purchase this type of insurance protection. The policies may pay either the employer (if they are the policyholder) or the individual compensation should they or one of their employees be unable to work because of Accident and Illness.
Policies usually cover temporary total disablement because of accident or illness. So, incidences where the insured is expected to recover. Benefit in these cases are usually paid as a daily or weekly benefit.
Permanent Total Disablement is also usually covered (for example loss of sight, loss limb and even death). Lump Sum benefits are usually paid for Permanent Total Disablement.
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Private Medical Insurance
Health insurance or Private Medical Insurance (PMI) is a type of insurance that covers the insured individual’s medical costs and surgical expenses. Depending on the type of health insurance coverage, either the insured pays cost out of pocket and receives reimbursement, or the insurer makes payments directly to the provider.
Policies can be purchased to cover specific conditions only, so for example, dental treatment, surgical procedures only, orthopaedic treatment or cancer treatment.
There are a wide range of Private Medical Insurance products and Healthcare Plans available.
Policies can be purchased by an employer, as an insurance scheme, to protect the health and wellbeing of their employees (many employers offer Private Medical Insurance as an employment benefit) or by individuals and families.
Learn more about Private Medical Insurance here