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Insurance Partner offers reduced premiums for Accredit UK companies PDF Print E-mail
Written by Accredit UK   
Monday, 19 April 2010

"Our attainment of the Accredit UK mark of quality has immense value. It enables us to demonstrate to prospects that we have the processes and professionalism to deliver their projects. Moreover the accreditation has enabled us to offset the cost of its attainment through a 50% reduction in our Professional Indemnity Insurance."

Roger Tyler, Syscomm

What is the offer?

QBE recognise the importance of robust and effective business practices as an indication of strong risk management, as a result QBE have joined together with Accredit UK to offer certified businesses the chance to be rewarded for their good business practice.

QBE are offering £500 or a 50% reduction in your first year’s standard annual professional indemnity premium (whichever is the lower). The good news doesn’t end there – for every year you maintain your Accredit UK Certification you will automatically qualify for a 10% rate discount off your annual premium with QBE.

Who are QBE?

QBE Insurance Group is one of the world’s leading insurers and reinsurers, operating out of 45 countries around the world, and has a presence in all of the key insurance markets. In Europe they have an in depth understanding of each of their chosen markets. Their ability to combine local expertise with the broad knowledge of their product specialists enables them to provide innovative solutions for each territory.

How is the reduction paid?

QBE will offer £500 or a 50% return premium (whichever is the lower) off their annual premium. This will be administered between QBE, the broker and the insured.

What are the benefits of QBE professional Indemnity for an ICT business?

With over 20 years experience of underwriting professional indemnity for ICT businesses, QBE have the expertise to recognise and protect their complex insurance requirements. The QBE PI policy for ICT businesses is based around a broad civil liability wording and provides many outstanding features which would not be offered by a standard policy, including:

  • Breach of contract
  • Bodily injury and property damage arising from technology
  • Breach of confidence and privacy
  • Computer virus transmission
  • Court attendance compensation
  • Defamation
  • Dishonesty
  • Intellectual property rights infringement
  • Irrecoverable fees
  • Loss or damage to documents or data
  • Negligent or misrepresentation
Do I qualify for a reduction in my premium?

To participate, a business can qualify if:

  • It signs up to and follows the Accredit UK certification scheme
  • Its income is under £100 million
  • It operates within the Information Technology sector
  • It purchases a PI policy from QBE
  • It accesses QBE via a QBE approved broker

How do I find out more?

This offer is currently being provided through a selected QBE broker, Jelf Group PLC. Please use the following reference in all correspondence: JQAC

 

Please contact Jelf Professions on 0117 980 9150

or e-mail Professions@jelfgroup.com (quoting reference JQAC)

 

This offer is made in partnership with QBE and Jelf Group plc.

     QBE Insurance Group  Jeff Group plc

Last Updated ( Friday, 20 August 2010 )
 

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