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Professional Indemnity insurance

3 replies

FigleafX · 29/03/2018 05:55

We are venturing into the business of software Development. We are working with a large national company. We are effectively a one man band. Does anyone have any advice on how much Professional Indemnity insurance cover to get?
Thanks in advance.

OP posts:
BritInUS1 · 29/03/2018 06:00

Their contracts often state the amount - I believe it’s usually minimum of £5m

Try Hiscox

FigleafX · 29/03/2018 11:59

BritInUS Thank you. That is helpful.

OP posts:
Hoppinggreen · 04/04/2018 08:50

Yes it will probably be in the contact
We had £1m but once we branched into IT it had to go up to £5m at the customers request

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