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Professional Insurance

We have many years’ experience arranging insurance for our professional clients, ensuring they are adequately insured against the business risks you face.

Solicitors

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We are specialists in providing insurance solutions for solicitors and will arrange a programme tailored to your business and regulatory requirements.

With 35 years of arranging bespoke insurance solutions for solicitors, we have a thorough understanding of the risks you face during the course of your business and will arrange cover tailored to your specific requirements.

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The majority of claims brought against solicitors working in private practice arise from professional negligence. Professional Indemnity insurance covers you against civil liability claims brought against you as a result of your work in private legal practice.

As a practicing solicitor, you are required to have professional indemnity insurance in accordance with the Solicitors Regulation Authority minimum requirements. These in turn are governed by the SRA Indemnity Insurance Rules. They apply to solicitors, REL’s , RFL’s, recognised bodies and licensed bodies in respect of regulated activities carrying on private practice in England and Wales.

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With access to leading qualifying insurers and niche providers we can arrange a policy addressing both regulatory obligations and your more individual requirements.

Furthermore we can address your other insurance risks. We can design a bespoke insurance programme for your practice, which could cover:

  • Buildings or Office Contents
  • Tenants Improvements
  • Loss of Revenue
  • Employers' Liability
  • Public Liability
  • Employee Fidelity
  • Directors & Officers Liability
  • Cyber Liability
  • Trust or Estate contingency insurance
  • Property during Conveyancing contingency 

Surveyors

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We are experienced in arranging professional indemnity insurance for surveyors, ensuring your professional reputation and financial interests are protected.

As a professional surveyor working for a regulated practice, you need to have the appropriate professional indemnity insurance in place to comply with the requirements of the Royal Institute of Chartered Surveyors.

Equally, if you are a surveyor operating outside RICS, it is vitally important to ensure your liabilities are protected by this type of insurance.

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Professional indemnity insurance will protect you if you make a mistake or show negligence, which then results in your client suffering financial loss and making a claim against you.

As standard, your policy can provide cover for broad civil liability, referrals to arbitration, adjudication or an ombudsman, outstanding fees, loss of documents and criminal defence.

We will advise on the level of cover you need to have in place, based on your individual circumstances. Should you need to file a claim, our experienced claims handlers will work on your behalf to settle any dispute speedily and efficiently.

Consultants

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We are experienced in arranging a tailored package of liability covers for professional people offering a skill or service to other businesses, ensuring you are protected.

We have many years’ experience arranging indemnity insurance for all types of consultants, providing protection against your legal liability to compensate third parties who have sustained injury, loss or damage due to your professional negligence.

With access to leading insurers and specialist providers, we can arrange tailored cover, with enhanced wording if required, ensuring you are adequately protected against all risks.

A typical policy can cover you against civil liability claims for professional indemnity, public liability, products liability and libel and slander. This can cover you to work anywhere in the world and includes digital work and social media, professional work undertaken prior to the start of the policy and legal costs.

Accountants

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We are experienced in arranging business insurance including Professional Indemnity insurance for accountants, protecting your legal liability to compensate third parties claiming against you.

We are experienced in arranging insurance for accountants, tax consultants, book keepers and payroll consultants and have a good understanding of the risk you face in the course of your business.

It’s all too easy to make a mistake if you’re working under pressure or to an immediate deadline and a simple miscalculation could prove costly, especially if your client incurs a fine as a result of you providing inaccurate information. In such case, you may find yourself subject to legal action.

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With access to leading insurers and niche products, we can arrange a tailored solution for you, with a specialist insurer if necessary, with varying levels and limits of indemnity available, ensuring you are protected against all eventualities.

A typical policy could cover you for negligence or breach of duty of care, misstatement or misrepresentation, infringement or intellectual property rights, breach of confidence, defamation and civil liability. We will be happy to advise on the level of cover you need to have in place to protect to protect your various liabilities.

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Alternatively, contact us directly:

01785 212 424

enquiries@baylissandcooke.co.uk

General enquiry