How does insurance for IT analysts work?
Comprehensive cover for those working in the IT sector
As an IT Analyst, you will no doubt provide a professional service designing and implementing cost-effective and efficient IT systems, and are likely exposed to sensitive and important data on a daily basis. That is why you need a specialised IT Analysts Insurance package which includes Professional Indemnity cover to protected you in the event that someone places a claim against you for negligence, loss of data and more as a result of your work.
All of The Insurance Octopus personalised business insurance policies and are designed to be flexible, ensuring that you can put together a bespoke insurance package tailored to all of the essential cover you need. We will work with you to cover you for all aspects of your work and make sure you have the right cover for you and the risks you are exposed to.
What your IT analyst insurance policy includes
Professional Indemnity cover
Professional Indemnity cover limits from £50,000 to £10m. This covers you for any financial or trading loss that may be caused as a result of bad advice or a mistake made in work. Typically these claims can be a result of Negligence, Dishonesty, Defamation, infringement of Intellectual Property Rights and Loss of Data.
Employers Liability insurance cover
Employers Liability insurance cover is required by law if you have one or more employees. Employers Liability cover, is standard at £10m and will protect you as the employer against claims from your staff should whilst working for you.
Legal expenses insurance cover
Legal expenses cover is designed to help you with the costs of legal representation and other associated legal claim costs.
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.
Have you considered:
Business Interruption insurance covers the loss of income from being unable to trade as a result of insurable claim such as fire, flood, storm amongst others. This could be vital to some businesses dependent upon the length of time they are unable to trade.
Personal accident insurance
Personal accident insurance covers you if you have a personal accident and have to take time off work. The period of time you are covered for is dependent on which policy you take out.
Why you need IT analyst insurance
Ensuring that you have the right cover in place is vital whatever business or trade you are in. Because you operate a professional service providing advice and guidance on IT systems, it’s essential that you protect yourself against possible claims with an IT Analysts Insurance package that include professional indemnity and additional covers that protect your exact needs.
Should a claim be placed against you and won, the financial costs to your business could be huge if you’re not adequately covered. Don’t leave it too late to ensure you’re protected.
The Insurance Octopus can help you put a tailored business insurance package together for your exact business or personal needs with the relevant level of cover. It couldn’t be easier to get covered.
Professional Indemnity Insurance brokers
If you’re ready to take out an IT Analysts Insurance policy, one of our insurance specialists will be available to guide you through the process and create a tailored policy which will include all of the cover you will need to protect your financial security.
Flexible payment options availble
We can provide you with your business insurance and documents on the same day in most cases, offering a range of flexible payment options, including Direct Debit, and payment by credit/debit card.
Why choose us for your IT Analyst Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
We can't stop accidents from happening but our Professional Indemnity insurance will give you up to £5m worth of cover - with up £5 million worth of public liability insurance cover also included.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
Specialists who understand your profession
Connecting you with agents who specialise in your field. They understand many of the challenges you face, & can tailor a policy to your needs.
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.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
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.