Software Consultants Insurance

  • Flexible & tailored policies to protect software consultants
  • Compare quotes from a wide range of insurers now
Gold Trusted Service Award - Feefo 2020
Platinum - Trusted Service Award - Feefo 2021

How does insurance for software consultants work?

Giving you the right cover you need, at the right price

As a software consultant your role will differ from that of a software developer – you’ll be hired by clients to provide software recommendations, execute program modifications, and develop unique solutions to business requirements through software applications. As you will be giving advice and recommendations to your clients the need for insurance cover and more specifically professional indemnity cover is crucial for you in your profession. Consider how your business would fair if a client were to launch a claim, insisting the advice you gave led to their business suffering financially. Insurance for software consultants is designed to add a layer of protection to software consultants giving them all the necessary cover they need including Public Liability insurance, Employers Liability insurance and Professional Indemnity insurance.

Through The Insurance Octopus, you will be able to put together a bespoke policy that will suit the exact needs of you and your business – ensuring you’re fully protected.

What a Software Consultants insurance policy includes

Professional Indemnity insurance for software consultants

Professional Indemnity insurance is a key element of cover to ensure you stay protected if mistakes are made or have been claimed to have been made. PI insurance will protect you and/or your business against any financial or trading loss that may be caused. Professional Indemnity cover limits are available from £50,000 to £10m.

Employers’ Liability insurance cover

Employers Liability insurance cover is required by law if you have one or more employees. Standard Employers Liability cover is £10m and will protect you as the employer against claims from your staff should they be injured or become ill because of the work they do for you.

Public Liability cover

Public Liability cover protects you if a customers or a member of the public is injured, or their property is damaged. Public Liability insurance protects you against the cost of repairs or any legal proceedings that could be filed against you. Standard levels of cover are available from £1m to £5m, with additional levels of cover available upon request and subject to insurer’s terms and conditions.

Legal expenses cover

Legal Expenses cover is there to protect you and your business against the costs you might incur if you were forced to defend a legal claim.

Associated Claims

Associated Claims Costs can cover you if a claim needs to be investigated further or there is a need bring in expert witnesses in a court hearing. Additional costs associated with a claim that you would not normally have to pay are covered.

Business interruption, personal accident and other optional covers

Business interruption, personal accident, off shore working and more are all additional add-ons that can be increased or decreased as required. By having flexibility with your professional indemnity business insurance policy from The Insurance Octopus, you can make sure your insurance is just what you will need.

Why you need Software Consultants insurance

If your business provides a professional service or gives some form of advice on a consultancy then your clients have an expectation of receiving expert guidance and a good service. If this service is not given, the customer could then make a legal claim.

As a software consultant, you will be giving strategic guidance on a variety of software projects, and the potential cost to your business if a claim is made can be high. As well as any resulting legal expenses there could also be compensation costs to pay if a claim against you is successful, both of which could be detrimental to your business.

The Insurance Octopus can help you to source a business insurance package specifically tailored to your business needs by working with a selection of UK insurers providing the widest choice of Professional Indemnity insurance. We can add cover for your business equipment at home, in the office or while on the move, as well as provide options for covering you in sector specific situations as required.

We help protect thousands of professionals and consultants around the UK

Commercial insurance brokers

We source cover for a variety of trades and occupations, including Software Consultants Insurance, and are specialists in providing Professional Indemnity insurance which means you will get a bespoke policy that ensures you only pay for the cover you need.

Why choose The Insurance Octopus?

We proudly make buying insurance different and source cover that comes with a range of benefits.

Up to £5 million of cover

Claims can be expensive, that’s why we source cover that offers up to £5 million worth of public liability cover. With more available upon request.

Simple specific cover

To help save you both time and money. We source and compare prices from a range of different insurers so you don’t have to.

A specialist who knows your industry

We’ll connect you with an agent who is a specialist in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.

Easy claims process

Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.

No mid term fees, ever

We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.

Types of professionals we can find cover for

Get Business Insurance off your to do list

Help protect and grow your business with tailor made business insurance through The Insurance Octopus

Insurance Know How Making business insurance easier to understand

The ultimate small business checklist to help protect against cyber threats

Cyber threats are heard about more and more in the news with many attacks affecting larger businesses. However...

The top 10 Cyber Insurance claim types

Cyber insurance claims are becoming more and more common with each passing year. As business grows more depend...

How much does cyber insurance cost?

Cyber insurance, which covers your business against the effects of a serious cyber incident, is not an “off ...

Get to grips with Under-insurance & The Insurance Act

Inadequate cover presents a great risk to businesses – help ensure your cover is more than adequate by u...

Business Insurance Blog For all the things business & insurance