Bishop Skinner Insurance Brokers
Professional Risk

Professional Risk

Professional insurance has become increasingly important in today’s litigious society. A business must carefully review it’s commercial liability risks and make the necessary insurance arrangements to protect against these and to maintain their good name.

Professional Indemnity, Directors’ & Officers’ Liability and Employment Practices Liability insurance are now considered standard insurance for most businesses. Each needs to be flexible and ideally tailored to your particular company and circumstances to be most effective.

Professional Indemnity
Insurance is a must for lawyers, accountants and financial advisers. However, many other professionals such as architects, consultants, advertising, PR agencies and estate agents are also increasingly seeing the need to protect their businesses with this valuable class of insurance. Professional Indemnity insurance will protect you from claims brought by your clients following alleged wrongful advice.

Directors’ & Officers’ Liability
As a director you may be personally liable to defend a claim brought against you which could leave your personal assets immediately at risk. The consequences could be ruinous and could lead to disqualification as a director, criminal prosecution and personal bankruptcy. The claim could be spurious but will still need to be defended. A Directors’ & Officers’ Liability policy will cover the costs involved in the legal defence of a director, officer or employee of the policyholder.

Employment Practices Liability
Insurance will cover employers for claims of poor employment practices brought by employees. Claims can be brought against firms for unfair dismissal or discrimination.

We have a lot of expertise of the professional risks market and can ensure that both you and your business are properly protected. If you would like to receive a no obligation quotation, please contact a member of the commercial team at the details below.

Email –
Telephone – 0191 229 2510

Email –
Telephone – 0191 229 2533

Email –
Telephone – 0191 229 2515