Professional indemnity insurance for Interim Managers

No matter how experienced you are, sometimes mistakes happen. PI insurance offers the financial reassurance that you need to recover from a claim.

 

Why choose Hensure for PI insurance

01

Personal Service

Our business is not a call centre, but instead provides a personal service and dedicated team to assist with your queries.

02

Experienced Team

Our team has a wealth of experience and knowledge to help you and your business get the most appropriate cover for your needs.

03

Online System

Our full 24/7 quote and buy facility allows you to run a personalised quotation, at a time that suits you and your business.

The importance of Professional Indemnity Insurance for Interim Managers cannot be understated.

As an Interim Manager you are more than likely an experienced executive with specialist skills and a track record of achievement.

Definition of an Interim Manager;

  • A top level independent executive or project manager.
  • An expert in their field.
  • A high level performer with a track record of quantifiable achievement.
  • A possessor of drive and energy.
  • A perceptive individual capable of adapting to new environments and delivering results

When you are hired by an organisation on a project basis as an Interim Manager then your client will expect the job to be done to the highest of standards.

A Professional Indemnity policy could help to cover you if you make an error in the role and the work that you carry out falls below the standards that would normally be expected of an Interim Manager.

The UK is becoming increasingly litigious and the development of a ‘blame culture’ means that it is now more important than ever to ensure that your Professional Indemnity insurance for Interim Managers is arranged on the correct basis and provides you with full protection.

Click on the quote button to progress an instant competitive quotation in minutes. If you require any further information, please do not hesitate to contact us today.

professional indemnity insurance for interim managers

Rhian has been extremely helpful with our business insurance renewal process. She has been responsive, offered valuable advice in response to my many questions, and ensured everything was sorted promptly and efficiently. This is exactly the level of service I expect from a broker: expertise, speed and efficiency.

Nicola James, Anrop UK

PI insurance – Everything you need to know

Professional Indemnity Insurance covers legal expenses incurred in defending a claim against you, even if the claim is false. It will also cover the compensation awarded, should they win their case, and the cost of any losses that they incurred as a result of your negligence.

If your business ceases operations, there is still a chance that a claim could be made against you in the future. PI Insurance can provide run-off cover to ensure that these claims are still covered and you are still protected.

You can buy short-term PI Insurance cover, but it comes with a significant risk that must be considered.

Professional Indemnity Insurance works on a claims made basis, meaning that the insurance policy that you hold at the time the claim is made is responsible for the claims and any associated costs. If you cancel the policy after your contract has ended, and a client then makes a claim against you after this time, you do not have any insurance to cover this and will be solely liable.

You must hold insurance at both the time the incident occurs, and the time that the claim is made, to be protected.

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Hensure Business Insurance Consultants, The Grove, Mill Lane, Wheelock, Sandbach, Cheshire CW11 4RD.

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