The world of IT is forever changing at speeds most of us can’t keep up with. No business can operate without some form of IT support anymore. Whether you’re involved in small or large projects this type of work can be risky. Have you experienced times when your work hasn’t quite been delivered on time? Have you ever breached intellectual property or confidentiality agreements accidently? Have you ever lost a client’s data? Well Murphy’s law says something that can go wrong, will go wrong, and that’s why you need to be protected.
Professional Indemnity insurance provides crucial financial protection for IT professionals, securing them against potential losses arising out of acts, errors and omissions over a wide range of IT services. Also, more and more companies require independent contractors to hold Professional Indemnity insurance before even being considered for a contract.
You may spend a portion of your time on site, therefore you are at risk of damaging your client’s property while working. Whether spilling a drink on some hardware, or accidentally causing outages and data losses this is where the line between Public Liability and Professional Indemnity Insurance can be blurry.
