Professional Services

Professionals are operating in an increasingly litigious environment. Customers, stakeholders and authorities are seeking more accountability.

And your professional skills are constantly evolving to incorporate changes to technology, standards, legislation and processes to name a few.

Typically, the delivery of professional services are structured upon various contracts that underpin the delivery of the service. Contract terms can be onerous, and include terms that:

• include indemnity provisions that extend your ordinary obligations
• remove or severely limit your rights of recovery
• include warranties and representations that extend your ordinary obligations
• include insurance provisions which can leave you exposed to breach of contract
• make you more responsible for the actions of your sub-contractors
• expose you to liquidated damages

Whilst there is a commercial reality to these contracts, some terms do pose serious risk. This is compounded by insurance that typically struggles to incorporate some even less onerous contract terms.

A unique approach.

We offer contractor services a unique approach to insurance broking and risk management.

Working with our legal services company, indemnitylegal, we can deliver bundled insurance broking and legal risk management services. Not only do we ensure your insurable risks are identified, and cost effectively insured, but indemnitylegal can also work with you, managing your contractual risk, and providing claims management.

Claims Management

Some professional risks, due to their severity, or indeed frequency, are more effectively insured with higher levels of excess, or self insured retention. However, this does raise the issue of how claims that fall below the excess or within the self insured retention are managed.

Poor management can lead to the claim becoming litigated and increasing the size of the claim. And some insurers require the use of high end service providers with cost structures that quickly erode the excess level.

indemnitylegal provides accessible claims management services for professional indemnity and public liability claims.

Professional Services Products & Services

• Professional Indemnity
• Medical Malpractice
• Crime
• Directors & Officers Liability, including Public Companies
• Statutory Liability
• Employment Practices Liability
• Financial Institutions
• Public & Products Liability
• Corporate Travel
• Expatriate Medical Insurance
• Claims management - both under excess and insured layer
• Contractual risk
• OHS Management
• Workers Compensation