Bristol: 0117 203 3797
Taunton: 01823 230249
Bristol: 0117 203 3797
Taunton: 01823 230249
Insurance for professionals by professionals.
TIB are specialist Professional Indemnity Brokers based in the South West with offices in Bristol and Taunton.
Insurance for professionals, by professionals.
TIB are specialist Professional Indemnity Brokers based in the South West with offices in Bristol and Taunton.
Contact us for a free no obligation consultation
What we do...
Professional Indemnity for Solicitors and Legal Profession
You might consider your Professional Indemnity cover as nothing more than a licence to practice, knowing that without it the Solicitors’ Regulatory Authority (SRA) will not issue a practice certificate. But we also think it’s important to get the cover right and cover the market.
Dependent on your firm’s activities, we can approach a number of insurers via various different routes.
Professional Indemnity forms can often be time-consuming nevertheless we will take the time to sit and explain any queries you have and then submit your forms to the relevant insurers to suit your firm, as a one size fits all attitude does not apply in this market. Most times, if you’ve filled out one form we can use that to save you even more time.
We do not sub contract claims through a third party. You will always deal directly with Adam Townley.
Professional Indemnity for the Engineering and Construction Industry
Professional Indemnity is a much more commonplace requirement for firms in the Engineering and Construction industry which you will have found when tendering for projects.
Take advantage of our free, no-obligation, policy review to see if your current cover fully meets your requirements. Not all polices are the same and the wrong policy can sometimes rule you out of a tender process.
Professional Indemnity Insurance for Accountants
You require cover that fulfils your professional association responsibilities and we can arrange that for you.
Adam Townley is a Law graduate and a Chartered Insurance Broker, so is truly able to offer the ‘best advice’ to those in a professional field.
- The Institute of Chartered Accountants in England & Wales (ICAEW).
- The Association of Chartered Certified Accountants (ACCA).
- The Institute of Chartered Accountants of Scotland (ICAS).
- The Institute of Chartered Accountants in Ireland (ICAI).
- The Chartered Institute of Taxation (CIOT).
- The Association of Accounting Technicians (AAT).
Professional Indemnity Insurance for other professionals
At TIB we have many clients that choose to buy Professional Indemnity insurance to protect themselves against claims. You may feel confident in the quality of your work, but any small to medium businesses are open to a claim of negligence when professional advice or services fail to meet a client’s expectations and cause monetary loss.
At the very least, consider the legal fees you could stack up defending a claim of negligence even if it proves to be unfounded. Professional Indemnity will pick this cost up for you. Please see a list below of the clients we currently deal with all over the UK. The list is not exclusive, so please contact us to see how we can help you.
- Advertising
- Public Relations
- Business and Management Consultants
- IT firms
- Software houses
- Mortgage Brokers
- Website Designers
- Plumbing & Heating Contractors
- Electrical Contractors
- Renewable Energy Contractors
- Online Publishers
- Social Media Consultants
- Estate and Lettings Agents
- Graphic Designers
- Charities
- Business Support
- Health & Safety
- Training
Directors and Officers Liability Insurance
Fast becoming the most significant and essential insurance cover for company managers, directors and officers.
Directors & Officers Liability Insurance, otherwise known as D&O, protects company directors, officers and managers against liability claims which arise from decisions and actions taken as part of their day-to-day duties. Essentially it provides protection from claims that are as a result of errors in judgement.
Tighter European regulation in the areas of health and safety, the environment, employment practices and corporate governance is fuelling growth in litigation against company directors and officers in areas such as wrongful termination, harassment, discrimination, dishonesty, fraud, financial reporting and health and safety at work.
Managers can make mistakes and can be held personally legally liable for them.
We are also well-versed in providing the same protection for charities, including their Trustees. This cover is especially valuable when you consider Trustees give their time voluntarily yet risk their own assets in the event of an error of judgement.
Examples of claims can include;
- Reporting errors
- Employment practices/HR Issues
- Disclosure of confidential information
- Failure to comply with laws & regulations – eg. Health and Safety at work
- Making decisions that exceed individual authority
- Claims against directors and officers and managers, can be brought by a wide group of people including employees, customers, suppliers, creditors, bankers and regulatory groups and shareholders
Cyber Liability Insurance
Cyber crime is growing rapidly and, as more companies are dependent on computers to trade, a Cyber Insurance policy has never been more vital to business.
Policies provide cover that helps businesses act in the event of a hack or attack through, for instance, email malware, phishing attacks and data breach, including help with notification to those potentially affected. This could also include breaches under the GDPR regulations that came into force in May 2018.
When you choose TIB to place your Professional Indemnity Insurance cover, you can be confident that you are working with fully qualified experts.
We are a truly independent brokerage, not tied to any network.
Adam Townley is a Law graduate and a Chartered Insurance Broker – why work hard to achieve professional qualifications yourself and then take advice from a broker who hasn’t done so?
You are the ideal client for us regardless of whether you are a sole practitioner just starting out or a large well-established firm.