I am thinking of starting a very small H+S consultancy for SME's in my line of work - nothing too big as I have a full time H + S Role.

"Normal" indemnity insurance seems quite a reasonable cost per year but the Co. I approached do not cover anything to do with Asbestos (Advice / Management I assume are excluded). I understand to get cover could cost several thousand ££ per year which would be pointless for me as I am only looking to do a couple of jobs a month.

Do any insurance Companies offer cover for individual jobs / contracts regarding Asbestos? E.g. If I were to give advice on Managing Asbestos or if I undertook a Survey at one Site would it be possible to get cover for that particular one-off job?

Many thanks.

PS - How do I insert paragraphs in my post?!! Duh!

Out of interest how would you intend to comply with HSG264 if you only did a few surveys a year? What about ABICS and compliance with ISO17020 - and check surveys and competence ..... ?

cheers

Bruce

SW better make that a treble!

Just a thought, I may be wrong but you would probably need to factor in PI cover for a reasonable period of time 'beyond' your consultancy exists (in case you decide to follow a different stream).

Something a colleague of mine has to consider now he is entering retirement!

Good luck and all the best.

Simon

Hi,


I myself may be requiring PI insurance very soon,


Anyone recomend any companies and how much am i roughly looking at for basic cover on h and s advice ?


Thanks

I've been considering starting up something on my own but wouldnt know where to start!!

Any tips, ideas, advice??

Harrison41250

There are two different types of PI insurance policy which provide cover for different time periods:

- a "claims made" policy covers your legal liability for any claim made by a third party against you during the period of the policy cover ceases when the policy expires

- a "claims occurring" policy covers your legal liability for incidents which occurred during the period of the policy irrrespective of when the claim is actually made against you

Sorry if this confuses the issue slightly but you need to be aware of the type of cover you have so you know the level of protection you have. There can be gaps in cover periods if you change from one type of cover to another so always best to ask what claims basis is for your policy.

Thank you ijmartin - appreciate all the assistance given.

Safetyelf - It may read that way but it's not meant to - I wouldn't put myself in a conflict of interests situation or take business away from my Employer.

I under take H S Q E duties and work in the manufacturing industry and our end product goes to Customers' who then fabricate the product further for the end user. When calling at their Sites for Quality inspections I sometimes find the H+S is quite frightening and I always give pointers on poor practices. So I was thinking, that, as I know their businesses well and a lot do not have / have inadequate systems in place, I thought of perhaps offering my services to a few of them. At a cost this time!