With the inherent risks involved in the media and technology industries, professional indemnity insurance is a must. Covering your business if you are sued by a client for providing an inadequate service, advice or designs, PI insurance provides cover for legal costs and any compensation which may be awarded, this cover is essential to ensure your business can operate effectively.
Oliver Leyens, director of insurance at Heath Crawford, provides his insights into the necessity of professional indemnity cover in a discussion with the Insurance Post, covering:
- The anticipated effects of Brexit on these sectors
- How GDPR will impact ways of working
- The unique insurance needs of startups
To read the full article, visit Insurance Hound.