Management Consultants Professional Indemnity Insurance

Unlike many traditional professions such as Accountants, Solicitors and Surveyors, in the main there is no compulsory need for Management Consultants to carry Management Consultants Professional Indemnity Insurance. 

However, exposure to claims for negligence for this profession is considerable. Many claims derive not from strategic consultancy but from liability incurred from mainstream tasks such as quality assessment, computer consultancy, etc.

Due to the diversity in the services offered by Management Consultants, which can range from strategic management consultancy to legally binding clients without their prior approval, premiums and rates can vary considerably. In the event that we need additional information to enable insurers to evaluate your risk exposure, you can be sure that once completed, you will be receiving terms from some of the leading insurers for Management Consultants, providing sound cover at competitive premiums.