Professional Indemnity Insurance for Management Consultants

Professional Indemnity Insurance is designed to deal with financial loss arising from a Principal's reliance upon the service provided, and in many cases is a compulsory purchase for many professionals providing advice.

In the event that a Principal suffers a financial loss as a result of alleged negligent act, error or omission, Professional Indemnity Insurance covers the professional the legal costs associated with defending claims and any damages awarded.

This type of insurance is available to most professionals and in many instances, it is a requirement to carry a minimum level of Professional Indemnity Insurance by law.

Why do Management Consultants require Professional Indemnity Insurance ?

Management Consultants provide advice to their clients to improve their business processes and/or practices. This could range from process re-engineering through to providing strategic / organizational / quality management advice for a business.

In the event that a claim is made against the Management Consultant, Professional Indemnity Insurance will indemnify the Consultant in respect to claims made for any negligent act, error or omission.

It is advisable that Management Consultants hold some Professional Indemnity Insurance as potential claims can be expensive to litigate and can put the viability of the Consultants business at risk particularly where they are found to be negligent.

Why Management Consultants should purchase their Professional Indemnity Insurance through Express Insurance ?

Using Express Insurance takes the hassle out of buying your insurance. We have partnered with QBE, one of Australia's leading insurers, to provide comprehensive cover at an affordable price.

You can get a Professional Indemnity quote in a matter of seconds then either save the quote back to your email account for purchasing later, or proceed to buy your insurance and produce your Certificate in minutes.

And all of our online products are supported by Professional Indemnity specialists who have years of experience in assisting clients of all sizes from all industries.

In conjunction with premier Australian insurer QBE we have created a comprehensive and competitive Professional Indemnity Insurance facility for Management Consultants carrying out one or more of the following Business Activities: