High quality insurance solutions for Australian professionals and consultants
Consultants are experts in their field who offer professional advice to individuals or organisations. Whether you offer personalised consultancy for individuals or provide strategic advice to large corporations, you are placed in a position of trust due to your high level of expertise. Given the complex nature of your work, you must ensure you have insurance in place to protect against your risk exposures.
At GSK Insurance Brokers, we provide professionals and consultants with tailored insurance solutions to ensure that your risks are protected. We understand the complex nature of your work and our experienced brokers will develop insurance cover which caters specifically to your needs.
What do you need to know?
Professionals and consultants insurance provides you with financial peace of mind in the event of an unexpected claim. Given the wide range of industries which can apply to consultants, your risk exposures will depend on your area of expertise. The expert team at GSK Insurance Brokers can work with you to identify your unique risks and develop an insurance package which ensures that you are adequately protected.
Who should consider it?
If you work as a professional or consultant, you are exposed to a number of risks which leave you vulnerable to a third party insurance claim. For consultants, the provision of incorrect or misleading advice could mean serious financial consequences for individuals or a business. Some of the additional risks that you need to contend with could include breach of contract, data breaches and breach of confidentiality. Should a client suffer financial loss, you may find yourself liable for the costs associated with a successful claim, including legal bills and damages. Insurance for consultants forms an essential component of your risk management strategy. If you’re not sure what level of insurance cover you require, speak to your GSK broker today.
What can it cover?
A professionals and consultants insurance package will depend on the specific nature of your work. Common forms of cover recommended for consultants by GSK Insurance Brokers include:
- Professional Indemnity Insurance is designed to protect you if a third party suffers loss or damage following an act, error, omission or breach of professional duty.
- Public Liability Insurance provides cover if you cause damage to property or injury to a person as a result of your actions at work.
- Cyber Liability Insurance protects your business against the financial implications of cyber attack.
What isn’t covered?
The exclusions attached to your professionals and consultants insurance will depend on your specific policy, so it’s important that you understand the limitations of your cover. Speak to your GSK broker for more information.
GSK Insurance Brokers are one of Australia’s leading insurance brokerages and we’re passionate about finding unique insurance solutions depending on your risk exposures. We develop ongoing relationships with our clients to ensure quality insurance cover at a competitive price.
For more information about professional and consultants insurance, speak with GSK Insurance Brokers today.