As change management consultants, you are responsible and accountable for the professional advice you give to your clients. This makes you vulnerable to possible professional liability claims. As you help your clients, you should also protect your own business from possible risks you face.
FD Beck can help protect change management consultants by arranging suitable consultant insurance policies. We understand the unique risks you face which is why our network of insurance brokers will give insights on the kinds of consultant insurance covers in the change management setup.
What Cover Do Change Management Consultants Need?
As FD Beck will assist you with arranging a consultant insurance policy, we would take into consideration the many factors that affect the level of cover you require. As part of the process this will include assessing the types of risks you face and your business rating factors such as size, experience, claims history etc.
Here’s the cover that may be included in your management consultants insurance:
Other Business Insurance Covers You May Need
You may choose to add more consultants insurance coverage to your policy. Let us know of your requirements so we can arrange additional insurance for you.
Risks Consultants Face in Change Management
As a management consultant, you are accountable and liable for the services you give to a big or small business. As they entrust their business to you, a small mistake on your part may lead to heavy losses or costs. Here are some key exposures that consultants in change management may face:
Let FD Beck Assist You
We understand the services that you provide, and these come with unique risks. Here at FD Beck, we can assist you with arranging your consultants insurance policy to help you mitigate the possible risks. We recommend having professional indemnity insurance as a start and possibly add more business insurance products such as public liability cover and other liability insurance coverage.
If you’d like to know your professional indemnity insurance quote, you may use our free online quoting tool.
1. As a consultant for change management, how much professional indemnity cover do I need?
This would depend on several factors like if you have a big or small business consultancy, catering to a huge number of customers, and your financial status. Learn more about Professional Indemnity Insurance.
2. Would you be able to work on my budget and still provide consultants insurance?
Yes, we can work around it within your budget. We can recommend the type of policy suitable to your business, financial situation and the risks you face. For more information about the cost of insurance, please view our short video “How much does professional indemnity cost?“
3. Would I be able to get quotes online?
Yes. Please use our online calculator to be able to get insurance quotes.