Why do media companies need professional indemnity insurance?


professional indemnity insurance for media companies - worker on laptop

Professional indemnity insurance is extremely important to support UK media companies in sectors like graphic and website design, digital and marketing services, journalism, plus video and photography.

Media companies are urged to have professional indemnity insurance in place to protect against any legal claims which may arise through business activities.  Activities could include infringement of copyright, breach of confidentiality or negligence.  The professional indemnity insurance policy often covers legal fees and any compensation cost rises, when dealing with such claims, ensuring that professionals are not liable for escalating costs.

Building Honest Brands

Professional indemnity insurance also goes further than just the policy!  It demonstrates that the business represents an honest brand and can help to build trust with customers.  Some clients, especially within the public sector may ask for proof of your policy to understand the businesses credibility and risk.

If you have recently set up a media business and looking for professional indemnity insurance protection or are running an established business and looking to switch from your current provider, then why not choose JRW Risk Solutions? We go that step further to understand businesses within the media sector and to advise on the best Professional Indemnity Policy to suit your needs and to protect against the value of customer projects.  To find out more, please get in touch.

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