Professional Indemnity Insurance can be a complex subject, and there are a few common misconceptions that arise as a result. Within this blog post, we will explain the most common misconceptions surrounding professional indemnity insurance, which should hopefully provide you with a better understanding of this type of insurance policy. “I have not charged for …
Within the UK construction industry over the last few years, there have been various large-scale disasters, such as the Grenfell catastrophe, COVID-19 and a series of devastating natural disasters caused by climate change. A huge rise in professional indemnity claims has caused a toughened professional indemnity market in the construction sector. It has been predicted …
Management and business consultants are often put under pressure to work miracles, whether that be turning around a weakening business or transforming the operations of an inefficient organisation, there can often be unrealistic expectations. Businesses are frequently inclined to sue their advisors if things do not work out, potentially resulting in costly legal fees for …
Read moreManagement Consultants – Common Professional Indemnity Risks
John Heath Insurance Brokers are extremely excited to announce that we have won the Feefo Gold Trusted Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers. Created by Feefo, Trusted Service is awarded only to businesses that use Feefo to collect genuine reviews and insights. Businesses meeting …
Read moreJohn Heath Insurance Brokers Receives Feefo Gold Trusted Service Award 2020
Defamation is the action of damaging the good reputation of someone – the umbrella term for libel and slander. A person is said to be defamed when someone else publishes words or matter which have caused, or are likely to cause, substantial harm to a person’s reputation. The use of the term ‘published’, however does …
Keeping client data secure is of upmost importance for professional freelancers and business owners. Data breaches cost businesses millions every year and it is of high chance that your firm has a number of assets that contain sensitive information about your customers. With this in mind, it is important to take steps to minimise the …
No matter how large or small a professional firm is, it is good practice that a disaster recovery plan is developed. A disaster such as a flood, fire or computer virus attack could have a detrimental effect on your operations, meaning that your businesses resources could be limited for a significant period of time. Throughout …
It is becoming extremely popular nowadays for international business to be conducted on a day to day business as it is all part of our modern global economy. However, it is important to bear in mind that this can have an impact on your professional indemnity insurance – or, more specifically, your professional indemnity insurance …
Read moreProfessional Indemnity Insurance – Can You Work Internationally?
Concerned about cover for the work you have done in the past? If you are, then you need to make sure that your policy has the correct ‘retroactive date’. Most types of insurance cover you for claims that occur from the start date given on wards only. This has to be the case otherwise insurers …