We understand that the insurance requirements of members of the Institution of Engineering and Technology are diverse and as such, one solution is unlikely to fit all.
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As a leading UK insurance broker and the exclusively appointed insurance provider to members of the IET we have a range of expertise and insurance solutions to offer members.
You know your business and we understand the risks associated with it. That’s why our team of specialists will work closely with you in designing an insurance programme that takes into account the exclusive characteristics of your engineering process as well as your relationships with sub-contractors and other firms.
With policy options for the range of engineering risks, as well as your commercial insurances such as buildings, business interruption, theft and goods in transit, we can offer cover associated with running your business, such as:
Whether you’re in software and engineering or clinical research and manufacturing, your insurance needs require special attention. We believe in building technology insurance solutions designed to specifically cover the challenges of your business.
Helping you to ensure there are no risks left uncovered, we work with clients across the industry, giving us the broad, yet in depth insight needed to understand your business and to create the technology insurance programme to best match your business needs, including:
Professional indemnity (PI) insurance can provide cover for the legal costs and expenses in not only defending claims for alleged professional negligence but also the compensation that may be due to your client if it’s proven that you were at fault for a loss through the provision of inadequate advice, services or designs.
As a market leading professional indemnity insurance broker, we have access to many specialist insurers allowing us to select cover to suit your business requirements, with influence to negotiate genuinely competitive premiums on your behalf.
The majority of contract positions now require you to hold insurance and although the likelihood of claims may seem slim, holding insurance can give you peace of mind.
What's more, if you operate outside of IR35, holding insurance is a key indicator of being in business on your own account.
We know that arranging the right cover can often be a complex and time consuming task so to simplify things we have developed a comprehensive online solution specifically for contractors.
The site is easy to use and allows you to purchase the insurances you may require, which means you get one quote and one policy to cover your main exposures and help meet your contractual obligations.
Covers can include:
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