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Professional Indemnity Insurance
We provide Professional Indemnity Insurance to companies working in the media industry including:
- Advertising Agencies
- Authors’ Agents
- Direct Marketing Agencies
- Handling Houses
- PR Consultancies
- Printers
- Publishers
- Sales Promotion Agencies
In such a creative and developing media environment, legal issues can arise and conflicts can occur. Professional indemnity insurance is therefore required for agencies/consultancies to protect themselves.
What is covered?
Clients can sue their agency for losses incurred as a result of an error caused by the agency. Professional indemnity insurance can rectify such errors or pay damages for a problem that has been caused. Problems may arise from:
- An agency’s duty of care
- Breach of intellectual property rights
- Breach of confidentiality
- Loss of documents
Breach of intellectual property rights for example can be very costly for an agency to repair in order to protect their existing client relationship; from the award made for the alleged offence, right through to the cost of withdrawing a campaign.
Working with specialist insurers, we provide our media clients with a tailored policy to limit damage to their reputation and brand. Our policy can pay for the additional costs incurred as a result of the conflict – for example, reprinting a brochure.
The policy can cover directors, employees, freelancers and subcontractors acting on an agency’s behalf.
In some cases we can therefore help you resolve your problem without you even having to notify your client.
For more information or to receive a quote, please email Mathew Morrison – mathew@pims-sca.com – or call 020 7434 3046.
Further information:
Unique risk solutions for: |
Sport promotions
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Online and land-based gaming operators
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Sales promotions
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