Professional Services Insurance in Hove
Hove's Church Road and Palmeira Square corridors are home to a thriving community of professional service firms—from accountancy practices and solicitors to management consultancies and financial advisers. If you provide professional advice in Hove, your insurance needs to protect against the specific risks of giving guidance that others rely on.
Frequently asked questions
- What insurance do Hove professional firms need?
- Professional indemnity is the core requirement for any firm providing advice or services. Add cyber insurance for data protection, employers' liability if you have staff, and office contents cover.
- What PI limits do professional bodies require?
- Requirements vary: ICAEW requires minimum £1.5m for accountants, the SRA requires £2m for solicitors, and the FCA has specific requirements for financial advisers. We ensure your cover meets your regulatory obligations.
- Does PI cover claims from previous work?
- Yes, if your policy includes retroactive (prior acts) cover. We always recommend this, as professional negligence claims often arise months or years after the advice was given.
- Do I need cyber insurance if I work from home in Hove?
- Yes. Working from home increases cyber risk—home networks are typically less secure than office systems. Cyber insurance covers breach costs regardless of where the data was accessed.
- Can you arrange run-off cover for retiring professionals?
- Yes. Run-off PI cover protects against claims arising from past work after you stop trading. This is typically required for 6 years, and we can arrange cost-effective run-off policies.
This page is part of https://becks.insure/hove-professional-services-insurance. Becks Insurance Brokers is an independent, FCA-regulated commercial insurance broker based in Brighton, advising businesses across Sussex and the UK.