We recommend that all Interim Managers obtain insurance cover before undertaking any work. There is a difference between an Interim Manager and a Management Consultant. Consultants give advice and recommendations, Interim Managers do the same but implement the advice they give.
Obtaining a quote from Professional Insurance Agents could not be easier. We have built a bespoke system that clearly shows you the quote amount, who the insurer is and all the policy details and wordings. This is to ensure that you know exactly what you are purchasing before you go ahead and pay for it.
Having the incorrect indemnity limit on your interim managers professional indemnity insurance will not go in your favour if you are subject to a claim. If you need any help or advice feel free to get in touch with one of our brokers. There are many different things that an Interim Manager can be held liable for, a select few examples are:
If you do have a claim made against you whilst you are uninsured, you are not only risking your career and business but your personal assets such as your family car, home and life savings. It is a good idea to take a step back and have a look at the bigger picture when obtaining insurance as you can be found liable for other people mistakes.
If you would like to know more about Interim Managers Insurance, please feel free to get in touch with one of our brokers who wil be more than happy to help.