Policy Features
Communications consultants are utilized in many industries and in a variety of organizations and businesses large or small. In most cases these consultants will work with marketing or communications departments or with individuals directly responsible for a company's communications efforts. However in carrying out their professional duties they may accidentally cause financial loss to the organization they are representing or to another party.
Why do Communications Consultants require professional indemnity insurance?
The basic duties of a Communication Consultant include:
- To create and deliver security awareness strategies for client programs including stakeholder management where appropriate.
- To present security awareness strategies to senior managers within client organizations.
- To develop and deliver client communication programs, including processes to manage its quality and timely delivery.
- Support the creation and delivery of external branding and marketing activities.
- Create clear, concise and good quality communication plans and materials in a timely manner.
- Create and implement strategies and mechanisms for the internal communication of appropriate strategic and operational messages.
- Represent the client professionally and in accordance with the company values
As a Communication Consultant, you need to be careful when representing your client and communicating their message in any form to the public. Without Professional Indemnity Insurance you could be liable to pay compensation for the financial loss the clients can claim to have suffered, and any legal costs associated with defending an action.
Public Liability Insurance for Communications Consultants
If you or any of your employees visit a customers premises your actions could cause an injury to another person. Similarly, if an accident happens whilst a member of the public comes to your place of business and they are injured you could be held liable. Public Liability Insurance protects you in the event that such accidents occur and a claim is subsequently made against you.
Public liability insurance also covers you if damage is caused to third party property while at the customers business. An example would be if an employee broke a valuable item while making a delivery at a customer's home. The claim to replace the item would be covered by public liability insurance.
Key exposures for Communications Consultants :
- Failure to Design successful communication strategies
- Incorrect Strategic advice
- Copyright infringement/insider trading/plagiarism
- Improper fact verification and/or lack of careful research - leading to misleading information errors in business advice and investment advice and even deliberate dissemination of false information
- Failure to develop and deliver client communication programs, including processes to manage its quality and timely delivery.
- Employee dishonesty - employees selling confidential information to other firms
- Invasion of privacy, libel, defamation, breach of confidentiality
- Electronic theft of records and confidential information or unauthorized access
- Deceptive conduct in relation to advertising material
Why purchase your Professional Indemnity Insurance through Express Insurance?
With Express Insurance, you can source a PI quote in seconds, and have the option of adding Public Liability Insurance. You can then proceed to buy the insurance and produce your Certificate of Insurance in minutes, or alternatively save the quote back to your email account for buying later.
And we save your details on Renewal of your insurance, making the process of renewing your PI Insurance even easier and quicker.
Throughout your experience with us our team of highly experienced PI specialists are a phone call away!
Please Note: Coverage under the policy will be subject to the particular circumstances relating to a claim and the full terms and conditions of the policy.
Policy Features
Price
PI premiums are determined by your Turnover and PL Premiums by the number of staff under your employ. All insurers charge a minimum premium in both respects.
We believe we have negotiated highly competitive premiums for both classes of insurance, and will continue to monitor premium levels available in the market to ensure this remains the case.
Purpose
From a compliance perspective and for your own protection you should have a minimum level of Professional Indemnity(PI) insurance. In the event that the services you provide for a client lead to a claim against that client they will generally look at claiming against the provider. PI insurance will protect you in the event that this occurs.
Convenience
We have designed the Insurance application process so it only takes an average of 5 minutes to complete your application. In most cases your application will be instantly approved online, and you can print your Confirmation of Insurance to prove that you have the requisite cover in place... It's that easy!! All other documentation, such as your tax invoice, policy schedule and wording will be emailed directly to you for your records.
If the policy can't be issued immediately because we require further information, we will contact you generally on the same day.
Renewal
Approximately one month prior to the renewal of your policy you will receive a renewal reminder email with a link that will allow you to review your previous years cover and renew the policy even quicker!
* We have minimized the number of referral situations so that most applications will be automatically accepted. However, if for example you have prior claims we will contact you to facilitate completion of your application personally with the Insurer.
Insurer
Your Insurance policy is arranged by Express Insurance acting as an agent of Berkley Insurance Australia, a registered business name of Berkley Insurance Company (ABN 53 126 559 706) and part of the W.R.Berkley Corporation.
Berkley Insurance Australia underwrites a significant portfolio of general insurance business in Australia. They are fully authorised and regulated by the Australian Prudential Regulator Authority (APRA) which is the prudential regulator of the Australian financial services industry.
The financial strength rating of Berkley Insurance Australia is "A+ (Strong)" by Standard & Poor's.
Charitable Contribution
For each policy completed online we make a donation to Skin & Cancer Foundation.
About Skin & Cancer Foundation
The Skin & Cancer Foundation Inc is a not-for-profit, DGR registered, organisation which provides specialist treatment, education and research for a wide variety of skin disorders, skin cancers and melanomas.
Lodge a Claim
We will work with you to ensure that claims are handled in a professional manner and that you get a fair outcome from the Insurer. The first step is to lodge your claim as outlined below.
Please complete the claim form and email to australia@wrberkley.com
