Blackfriars Group
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Media Consultants Professional Indemnity Insurance

MEDIA, MARKETING, COMMUNICATIONS, ADVERTISING, DESIGN, DIRECT MARKETING, PROMOTIONS, PR, PUBLISHING AND RELATED PROFESSIONS Professional indemnity insurance indemnifies you from the legal liability and legal defence costs you may incur as a result of breaching a duty of care to your clients (third party losses).  Media and related professions will often require cover for ‘first party’ or ‘own’ losses also.   Your exposure will often arise in different areas than the usual professional indemnity insuring clause of negligent act error or omission.

Once classed as a miscellaneous profession the insurance industry has responded to the particular needs of Media and related professionals and a separate class of professional indemnity insurance developed.  The policy wordings have been constructed carefully and the insuring clauses are entirely suited to Media industry needs.

Blackfriars will provide quotations in respect of your professional indemnity insurance, working with a panel of insurers who will take time to fully understand the disciplines and operations involved within your business.

THE PROPOSAL FORM AND MATERIAL FACTS

We need to get to know you; your insurer needs to get to know you.  The more information you give us to supplement the answers you give on the proposal form, by way of CV’s, copies of contract terms and conditions, examples of contracts, brochures, web site referral etc, the better we will get to know you.

Your insurer can only provide cover for activities you disclose and accuracy of the description of your business activities is crucial.  It is in your interest therefore to confirm all relevant information to us.  You should assume that we/insurers know little about what you as an individual company does and aim to make matters clear and concise to us by way of your explanatory introduction.

YOUR CLAIMS HISTORY

 Best to start tracking this from the moment you have a notification because the more information you are able to give to a prospective insurer, the better.  Once prepared you don’t have to prepare it again – only update the information as the matter progresses!  Brief summaries of incidents from memory leave open the possibility for omission; for example it would be helpful for you to explain to us significant details such as…… insurers felt you had a valid defence, however settled for commercial reasons  - you might even have something to this effect on your file.  If you move away from an insurer, ask them to prepare a confirmed claims experience for you.  These are helpful and often difficult to obtain later.

 RISK MANAGEMENT

Not to be underestimated.  Professional Liability Risk Management has met its day and it applies to all of us.  It’s quite simple but will not happen overnight.  It concerns everybody in the firm and the administrative procedures as well as technical know- how.  In a nut shell it basically relates to a careful review of how you all do what you do; a consideration of what could go wrong with your work in each area; a careful examination of any near-miss and the implementation of realistic measures over a period of time that will actually help to minimise the possibility of circumstances and claims from occurring.

Along with your insurer wishing to understand what you do, they will also look at risk management carefully. You might have the resources of your Professional Institute and other links to draw on - Blackfriars will also be pleased to assist clients in this area.

Please complete this form as fully as possible and submit to us for a quotation. Alternatively call us on 0845 458 3790 for immediate assistance and advice.

Professional Indemnity Insurance Quotes for Media Consultants
Proposed policyholder’s full name:
Proposed policyholder’s business activity:
Proposed policyholder’s website: www.
If any other entities are to be covered, please list the names of such entities
Proposed policyholder’s main office address:
Postcode
Telephone		Email
How long has the proposed policyholder been established.			Less than one Year Less than two years Less than three years Less than four years Less than five years More than five years
Do at least 50% of the partners/directors have at least five years relevant experience?			Please Choose No Yes
Does the firm currently have professional indemnity insurance?			Please Choose No Yes
Does any one client represent more than 50% of the total income of the entities to be covered?			Please Choose No Yes
Is 20% or more of the total income of the entities to be covered paid to sub contractors?			Please Choose No Yes
Do the entities to be covered ensure that sub contractors are fully qualified and carry professional indemnity insurance? If No please give full details in the Additional Information Box below.			Please Choose No Yes
Has any insurer declined, cancelled or non-renewed any prior policy or application for professional indemnity or similar insurance of any of the entities to be covered? If Yes please give full details in the Additional Information Box below.			Please Choose No Yes
Has any entity to be covered sustained any loss due to fraud or dishonesty by an employee or third party or has any entity to be covered reason to suspect such activity? If Yes please give full details in the Additional Information Box below.			Please Choose No Yes
Has any entity to be covered been subject to any disciplinary or regulatory enquiry or proceedings or fines, penalties or other sanctions by a governmental, regulatory or professional body? If Yes please give full details in the Additional Information Box below.			Please Choose No Yes
Is any entity to be covered aware of any claim (whether insured or not) ever having been made against any entity to be covered or its predecessor? If Yes please give full details in the Additional Information Box below.			Please Choose No Yes
Is any entity to be covered aware of any facts or circumstances that may give rise to a claim against any entity to be covered or its predecessor? If Yes please give full details in the Additional Information Box below.			Please Choose No Yes
Names of partners and directors (CV if less than five years experience)
Full Name Qualifications Date Qualified Number of years at the firm
Please indicate below the approximate percentage that each of your activities represent: % Vessel Design Oil Installation Design Working Drawings Structural Surveys or Inspection Reports Vessel Valuations Other please specify
Gross fee income for the last completed year:
Total fee Income UK fee Income Overseas fee income (excl US & Canada) US & Canada fee Income
Estimated Gross fee income for the forthcoming year:
Total fee Income UK fee Income Overseas fee income (excl US & Canada) US & Canada fee Income

Largest contracts/projects carried out by the firm in the last five years
Name of Client Nature of project/contract Total contract value Income to the business
Limit of Indemnity Required for Quotation- you may select more than one box	£100K£250K£500K£1M £2M £5M	Other
Additional Information Box
I declare and agree, on behalf of the proposed policyholder and all proposed insured's, that to the best of their knowledge and belief the statements set forth herein are true and that, if the Company agrees to insure, the material statements in this proposal or in any other information supplied, shall be the basis of the contract and shall be incorporated into and constitute part of the policy. It is hereby agreed that the Company is authorised to make any investigation and inquiry in connection with this proposal that it deems necessary.				I Agree