Professional Indemnity Insurance addresses professional liability exposures, but consulting businesses can face other risks.

Public Liability Insurance #

Consultants who attend client premises, sites, meetings or events can have Public Liability exposures.

The policy can respond to certain claims involving third-party personal injury or property damage connected with the business.

Public Liability Insurance is not a substitute for Professional Indemnity Insurance and generally does not cover claims arising purely from professional advice.

Cyber Insurance #

Consultants often hold information such as:

• Client records.
• Business plans.
• Financial information.
• Reports.
• Contracts.
• Personal information.
• Commercially sensitive data.

Cyber Insurance can address certain costs and liabilities resulting from cyber incidents and data breaches.

Business Insurance #

A consulting business may also need cover for:

• Office contents.
• Computers.
• Portable equipment.
• Theft.
• Property damage.
• Business interruption.

Management Liability Insurance #

Consulting businesses with directors, employees or management exposures may also consider Management Liability Insurance.

Other policies #

Depending on the business, other cover may include:

• Commercial Motor Insurance.
• Corporate Travel Insurance.
• Commercial Legal Expenses Insurance.
• Personal Accident or Income Protection.

The appropriate insurance program depends on how the consulting business operates.