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Professional Indemnity Insurance for Executive Interim Managers

An important way in which career interim managers and consultants differentiate themselves from candidates who are available at immediate notice but are primarily looking for permanent jobs, is by having professional indemnity (PI) insurance.

We are often asked by executive interim managers and consultants for suggestions regarding providers of professional indemnity insurance.

A selection of our executive interim managers and consultants tell us that they use the following providers.

Blyth Valley www.blyth-valley.co.uk
Dallas Kirkland www.dallaskirkland.com
Heath Lambert www.heathlambert.com
Hiscox www.hiscox.com
Jardine Lloyd Thompson www.jltgroup.com
Macbeths www.macbeths.co.uk
PYV www.pyv.co.uk
Spectrum Commercial www.spectrumpi.com
Trafalgar Risk Management www.trafalgar.uk.com
Zurich www.zurich.co.uk/professional/

This list of providers of professional indemnity insurance for executive interim managers and consultants is not an exhaustive list and should not be taken to be an endorsement of any kind.

One of the benefits of membership of the Institute of Interim Management is the opportunity to participate in their negotiated rates with their partner provider of PI insurance, the savings from which are said by the Institute to go a long way towards, if not cover Institute membership fees.

Premiums tend to be driven by the level of cover required (normally a minimum of £ 250k) and the anticipated turnover of the interim manager's or consultant's business.

IR35 - Do You Understand the Issues?

For new interim managers IR35 can mean five figure tax demands. Make sure you understand the issues.

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