- GDPR and privacy compliance
- Quality compliance
- Safety compliance
- Environmental Compliance
- Corporate Compliance
- Regulatory compliance
It is important no matter what area of compliance you specialise in that you have suitable insurance cover to minimise your risks. You may be exposed for public liability or professional indemnity claims.
Public Liability Insurance
Public liability insurance for compliance officers defends you against claims made against you by members of the public who suffer injury or damage to their property as a result of you carrying out your business activities.
If you go to your customers premises to conduct your business, then you may be exposed to a public liability claim should you cause injury or damage to a third party or property.
No matter how unlikely it seems, these things happen. You’d rather have insurance and not need it, than to need it and not have it. As Ireland is now one of the most litigious countries in Europe.
Professional Indemnity Insurance
Professional indemnity insurance offers you cover if your client alleges that you failed to perform your duty, were negligent or breached contract and caused them financial loss.
Compliance professionals are particularly exposed to this type of claim as they offer their advice and expertise in an area.
For more information on Professional Indemnity Insurance visit our website Piinsurance.ie. Get in contact with us to get a quote.