Professional Insurance
Specialist insurance designed for consultants, professionals and service based businesses.
Dickson & Wilson Insurance Brokers
What Can Affect Your Professional Insurance Premium
Professional businesses provide advice, services and expertise to clients, which can carry financial and reputational risks. Because different professions face different exposures, insurers assess several factors when calculating the cost of professional insurance.
We help professional service providers understand these risks and arrange insurance cover that protects both their business and their professional reputation.
Some of the key factors that can influence your professional insurance premium include:
Type of professional service provided:
The nature of your work plays a major role in insurance costs. Professions that provide specialised advice, financial guidance or technical expertise may carry higher risk exposure.
Business size and turnover:
Insurers often assess your annual turnover and the scale of your operations. Businesses working with larger contracts or higher-value clients may require greater levels of cover.
Client industries and projects:
The sectors you work with can influence your risk profile. For example, working with large corporate clients or complex projects may increase potential liability.
Professional qualifications and experience:
Your training, certifications and industry experience may impact your insurance terms. Experienced professionals with recognised qualifications may benefit from improved policy conditions.
Previous claims history:
Your business claims record is another key factor. Firms with fewer claims and strong risk management practices may benefit from more favourable premiums.
Dickson & Wilson Insurance Brokers
Types of Professional Insurance Cover Available
Professional service providers typically require a combination of insurance policies to protect their work, clients and operations.
Professional Indemnity Insurance
Protects your business if a client claims that your advice, service or professional work caused financial loss.
Public Liability Insurance
Provides cover if a client or visitor is injured or their property is damaged during business activities.
Employers Liability Insurance
Required if your business employs staff and protects against employee injury claims.
Office and Contents Insurance
Protection for office equipment, furniture and technology used in your business.
Cyber Insurance
Cover against cyber attacks, data breaches or digital security incidents.
Professional Insurance Extras
Additional Cover Options
Additional cover can help protect professional businesses from operational disruptions and unexpected risks.
Directors and Officers Insurance
Protection for company directors and senior management against claims related to business decisions.
Business Interruption Insurance
Helps cover lost income if your business cannot operate due to an insured event.
Legal Expenses Cover
Support with legal costs and disputes arising during business operations.
Portable Equipment Cover
Protection for laptops, mobile devices and equipment used while working remotely.
Personal Accident Cover
Financial protection if you are unable to work due to injury.
Experienced Insurance Brokers
Our Promise to Professional Clients
At Dickson & Wilson, we believe we work better together.
With almost a century of collective experience and local experts across multiple branches, we provide clear guidance and practical support for professional businesses.
From consultants and advisers to growing service firms, we help ensure your business is protected against the risks that come with providing professional expertise.
If you are looking for professional insurance that offers flexibility, value and expert support, speak to our team today.
Professional Insurance
FAQs
Who needs professional insurance?
Professional insurance is designed for businesses that provide advice or professional services, such as consultants, accountants, designers, engineers and other specialist professionals.
What does professional indemnity insurance cover?
Professional indemnity insurance protects your business if a client claims financial loss due to errors, omissions or negligence in your professional work.
Is professional indemnity insurance required by law?
It is not always legally required, but many professional bodies, contracts and clients require businesses to have professional indemnity insurance.
Can professional insurance cover remote or online work?
Many policies can include cover for professionals working remotely or providing services online, depending on the insurer and policy details.