Professional Indemnity Insurance
Comprehensive coverage for professional services
Overview
Universal App Company maintains Professional Indemnity Insurance to protect our clients and our business against potential claims arising from our professional services.
Coverage Details
| Level of Cover: | £1,000,000 |
|---|---|
| Policy Type: | Professional Indemnity Insurance |
| Coverage Period: | Annually Renewable |
| Territorial Limits: | United Kingdom and Worldwide (as applicable) |
What is Covered
Our Professional Indemnity Insurance provides cover for claims arising from:
- Errors or omissions in professional services
- Breach of professional duty
- Negligent advice or recommendations
- Defamation (libel or slander)
- Infringement of intellectual property rights
- Loss of documents or data
- Breach of confidentiality
- Legal defense costs
Why This Matters
Professional Indemnity Insurance is important because it:
- Protects clients from financial loss due to professional errors
- Demonstrates our commitment to professional standards
- Provides peace of mind for both parties
- Is often a requirement for public sector contracts
- Covers legal defense costs even if claims are unfounded
Claims Process
In the unlikely event of a claim:
- We will notify our insurers immediately
- Full details of the claim will be provided to insurers
- We will cooperate fully with the investigation
- Our insurers will handle the claim in accordance with policy terms
- We will keep all parties informed throughout the process
Risk Management
While we maintain comprehensive insurance, we also focus on preventing issues through:
- Rigorous quality assurance processes
- Clear project scoping and documentation
- Regular client communication and feedback
- Professional development and training
- Adherence to industry best practices and standards
Certificate of Insurance
We can provide a Certificate of Insurance to clients and procurement teams upon request. Please contact us at:
Email: procurement@universalappco.com
Policy Renewal
Our Professional Indemnity Insurance is reviewed and renewed annually. We maintain continuous coverage with no gaps to ensure ongoing protection for all our engagements.
Additional Information
For more detailed information about our insurance coverage, including specific terms, conditions, and exclusions, please contact our procurement team.
Last Updated: January 2024