Consulting services can provide valuable insights, strategic guidance, pecialized

25 Wilton Road Victoria London, United Kingdom SW1V 1LW

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Victor Miles | Business Insurance title_icon

Insuring your consulting business

As a specialist business or management consultant, you’re no stranger to pressure. Your clients rely on you to get things right time and again, and they want consistent results. Because of the nature of consulting, it can often feel like there's no room at all for error. But unfortunately mistakes happen and disagreements occur, whether they’re justified or not. We’ll tailor your package to the specific risks you face, so you know you’re covered for the unexpected.

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Why you need business insurance in consulting

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Despite your best efforts, things don’t always pan out the way you expect. You or someone you employ could misinterpret a project, give incorrect advice, or accidentally share some confidential information. If a client decides to bring a claim against you, we’ll be there to cover the legal and compensation costs, whether you’re at fault or not.

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No business is immune to the threat of cyber crime. Hackers may target you and threaten to release sensitive data about you or your clients unless you pay up. Or they may block you from accessing your own computer systems, meaning missed appointments and angry clients. We’ll provide you with complete cover for such events, as well as access to our team of cybercrime experts.

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A client could trip on a loose wire and injure themselves on your premises, or you could spill a drink over their high-spec laptop while you’re visiting their offices. Either way, a public liability claim might be the result. We’ll cover the legal and compensation costs of settling or fighting it, so you can get things back up and running again with minimal disruption.

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Not sure what you need?

If you’re not sure what you need, tell us a little more about your consulting business. We’ll help you to build your quote and explore any other insurance needs.

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Key types of insurance for the consulting industry

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Professional indemnity insurance is there to protect you, or anyone working for your business if you’re accused of making a mistake in your professional services. If someone accuses you of negligence, you may well disagree strongly, but whoever’s at fault, you need to be able to defend yourself. Professional indemnity cover will support you with the legal and compensation costs of dealing with a client’s claim against you.

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Cyber and data insurance protects you against the threat of cyber crime and data breaches. Data breaches can happen quickly and easily, but they’re expensive and they can cost you your reputation as well as the financial hit. Whether it’s someone accidentally sharing confidential data with the wrong recipients or you suffer a deliberate cyber attack with your data held to ransom, we’ll be there to cover the cost and offer expert advice

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Public liability insurance is important for any business that involves face-to-face contact with clients and members of the public. If someone brings a claim against you because they’ve been injured or fallen ill during a visit, or their property has been damaged and they believe it’s down to you, your employees or your products and services, you might face legal action. Whether it’s your fault or not, with VICTOR MILES public liability insurance, we’ve got you covered.

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We also offer insurance for specific consultants