Your work determines the cover
Professional liability and pure financial loss need to be assessed against actual work practices and the policy wording.
Illustrative example — not a cover confirmation
A client requests compensation for a financial loss following incorrect IT advice. Whether cover applies depends on liability, declared activities, exclusions and deductible.
Points to check
Pure financial losses. Scope of services and contracts. Assess cyber risks separately. International work and territorial limits.
Information for a focused quotation
Services, project sizes, contracts, customer locations and turnover. We discuss existing policies and customer requirements through an agreed channel afterwards.
Beyond liability
With employees, KTG and UVG become relevant. Your own equipment, stock and premises require a separate property or technical insurance assessment.
