- Public liability insurance for insurance intermediaries
- Employers liability insurance for insurance intermediaries
What is insurance intermediaries liability insurance?
The insurance intermediaries liability insurance policy protects you against claims made against you in respect of your legal liability for personal injury or property damage by third parties. If you have employees then the employers liability insurance extension of the policy can protect you against claims made against you for your legal liability for death disease or injury sustained by employees during the course of their employment.
Why does an insurance intermediary need liability insurance?
Everyone in business is exposed to the possibility of a claim being made against them and an insurance intermediary is no exception. Awards for personal injury can be high and even the cost of mounting a defence against the most frivolous claim can be costly. Your insurance intermediaries liability insurance can protect you against these costs.
What liability insurance does an insurance intermediary need?
If you have employees within your insurance intermediaries business, then employers liability insurance is highly recommended to cover you against claims made by employees in respect of your legal liability for death, disease and personal injury arising during the course of their employment. Whilst not currently a legal requirement in Ireland, this cover should be viewed as essential if you have employees.
If you provide any professional services for a fee such as advice and design, then you may wish to consider professional indemnity insurance to protect you against claims arising from a breach of professional duty. As liability insurance specialists we offer a highly competitive quote and cover service for insurance intermediaries with full quotations containing all premium and cover information to help you make an informed choice.