IT Consultant Professional Indemnity Insurance

Yes, strongly recommended for any IT professional providing advisory or implementation services. Where a client contract sets a minimum PI limit, your policy has to meet it before you can be engaged, and enterprise and government contracts tend to name higher figures than SME work does. Even small errors can cause significant business disruption, making PI insurance essential protection for IT consultants.

Professional Indemnity covers claims from your professional advice or services, for example a system you implemented fails and causes client losses. Cyber insurance protects against data breaches, ransomware, and cyber attacks affecting your business or data you hold. Most IT consultants need both.

Yes, most IT PI policies cover software development, customisation, and integration work. Coverage includes bugs, defects, and failures in code you write or modify. Some policies have specific technology liability extensions that enhance this coverage. We ensure your policy covers your specific development activities.

This depends heavily on your clients and projects. Smaller consultants working with SMEs might start at $1-2 million. Those working with enterprise clients or government typically need $5-20 million. We assess your typical project values and client requirements to recommend appropriate limits.

It can, depending on policy wording. If a project delay or cost overrun is caused by your professional negligence (rather than scope changes or client delays), and the client suffers a loss and makes a claim, PI insurance may respond. We review policy wordings carefully to ensure project risks are covered.