Consultants & Professionals Insurance

Operating as a consultant involves giving professional advice, but that advice can carry risk. Whether advising clients on strategy, finance, HR, marketing, or IT, consultants face the possibility of claims related to errors, negligence, or breach of duty. That’s why consultant insurance can play a vital role in protecting against unexpected legal and financial challenges.

We support consultants across a wide range of sectors by helping them find suitable cover for the specific risks their profession could entail. From sole traders to limited companies, comprehensive protection may help maintain credibility and business continuity.
START YOUR QUOTE CALL US
OR CALL 0330 054 0545
How It Works

1

Call us or complete our online quote form. We’ll collect a few key details about your business.

2

We’ll contact you to confirm everything, talk through your needs, and match you with the right level of cover.

3

We compare quotes from our panel of 20+ insurers, present your options, and explain the details before you buy.

Insurance Revolution's Reviews

Trustpilot

Why Choose Us for Consultant Insurance?

Support for consultants across a wide range of industries
Guidance from experienced insurance professionals
Flexible protection that can grow with your business
Dedicated customer service and claims assistance
Fast and simple quote process
Access to a panel of leading UK insurers
GET YOUR QUOTE NOW CALL US
OR CALL 0330 054 0545

What Is Consultant Insurance?

Consultant insurance refers to a package of business insurance products tailored to the needs of self-employed professionals or firms offering advisory services. These insurance products are designed to help protect against claims arising from professional errors, damage to property, legal disputes, or injury to third parties.

When Might Consultants Need Insurance?

Advisory roles come with responsibility. A small oversight, misjudged recommendation or breach of contract could lead to a costly claim. Consultants insurance may provide support when facing legal action or compensation demands, and could offer peace of mind when operating in a high-trust industry.

Key reasons to consider consultant insurance:

  • Client contracts often require proof of insurance
  • Professional mistakes can lead to expensive claims
  • Third-party injury or property damage could result in legal action
  • Having cover could enhance your professional credibility

 

START YOUR QUOTE >

What Types of Consultant Insurance Are Available?

Professional Indemnity Insurance for Consultants

Professional indemnity (PI) insurance is often considered essential. It may help cover legal defence costs and compensation if a client claims financial loss due to negligent advice or services.

It could be relevant to:

  • Management consultants
  • Marketing consultants
  • Financial advisers
  • HR consultants
  • IT and software consultants
Public Liability Insurance

This cover can protect against claims if a member of the public suffers an injury or property damage due to your consultancy activities. It could be important for consultants who regularly meet clients or host events.

Employers’ Liability Insurance

If your consultancy employs staff, even on a part-time or temporary basis, employers’ liability insurance may be a legal requirement. It could cover injury or illness claims made by employees.

Cyber Insurance

Consultants handling sensitive client data, particularly in IT or digital services, may face cyber threats. Cyber insurance can help mitigate the impact of data breaches, ransomware attacks, and cybercrime.

Business Contents and Equipment Cover

If your consultancy operates from a fixed premises or home office, this cover could protect tools, computers, or specialist equipment in case of theft, fire, or damage.

FAQs

This type of insurance could suit professionals working across multiple industries, including:

  • Business and management consultants
  • IT consultants and developers
  • HR and recruitment consultants
  • Marketing, PR, and branding consultants
  • Finance and accounting consultants
  • Environmental and sustainability consultants
  • Education and training consultants

Whether you’re an independent contractor, limited company or small consultancy agency, having tailored protection could reduce your risk exposure.

The level of cover required could depend on your sector, client base, and contractual obligations. Many consultants consider:

  • £50,000 to £1 million in professional indemnity insurance
  • £2 million in public liability insurance (or more for public sector contracts)
  • Additional protection for equipment, cyber threats, or business interruption

Costs vary depending on several factors:

  • Type of consultancy and risk profile
  • Annual turnover
  • Number of employees
  • Claims history
  • Desired level of cover

As a broker, we work with a panel of UK insurers to help find suitable cover at competitive rates.

While some types of insurance are optional, others may be mandatory:

  • Employers’ liability insurance is often legally required if you employ staff.
  • Many client contracts require professional indemnity cover as a condition.

Depending on the policy selected, cover could include:

  • Claims for financial loss due to negligence or error
  • Legal defence and compensation costs
  • Claims arising from data breaches
  • Property damage or theft
  • Third-party injury on your premises

Business insurance premiums are generally considered an allowable business expense. Always consult a tax professional for personalised advice.

Most policies offer cancellation rights. However, check terms regarding fees or coverage lapses.

Insurance can still be relevant even if you only work part-time. The risk profile and cover level may be adjusted accordingly.

START YOUR QUOTE CALL US
OR CALL 0330 054 0545
START YOUR QUOTE OR CALL 0330 054 0545

Helpful Articles & Updates

Insurance guidance, compliance help, and business tips for consultants and service-based professionals.