Posted By Kieran J Duignan Mike In response to your questions 1. the level of cover do you think is needed can be calculated by figuring out the Probability of a claim and the implications. So, obviously it depends on the classes of risk you work with and the calibre of clients you'll serve. Just going by figures out of context is hardly a reliable kind of risk assessment. 2. and what firms are currently providing best value quotes. Professional societies including IOSH have some links with particular brokers; so ask the Technical or Library service in IOSH - and any other professional society of which you are a member. While I'm a CMIOSH, I get my main cover as a registered ergonomist and an extension as a chartered psychologist (which appear to be categories rated by insures as classes with histories of relatively low claims).

Posted By Alice Hi, I was about to ask a similar question when I saw this thread. What it a typical level of indemnity for a typical h&s / risk consultant (carrying out site risk assessments, fire risk assessments, DSE assessments...etc)? If there are any existing consultants out there, what is your level of indemnity? Thanks

Posted By Bob Alice, Kieran is spot on, you need to estimate your exposure before deciding what limit of indemnity to go for. Don't forget the Limit under a PI policy is usually an aggregate limit so you need to factor in not only what the cost of the worst case secenario mught be but also the chance that such an event may possibly happen more than once in any 12 month period. You really need to enlist the help of a good commercial insurance broker. Hope this helps, Bob

Posted By Bob Peter, You would of course only need to buy run off cover where : a) The policy is cancelled b) You change from a 'claims made' policy wording to a 'claims occurring' wording.

Posted By Bob Absolutely Peter