This newsletter is focused at Insurance Brokers and the need for them to have proper insurance cover in place.
An Insurance Broker provides specialist advice to their clients and as such, must ensure that they always act in the interests of their clients and maintain a high degree of care and skill.
WHY DO TRAVEL AGENTS & TOUR OPERATORS REQUIRE PI INSURANCE
Professional Indemnity Insurance provides financial protection to Travel Agents & Tour Operators against claims brought against them for alleged negligence or breach of duty arising from an act, error or omission in the performance of their professional services.
All types of businesses no matter the area of speciality have the potential to harm people or property. We find ourselves in an extremely litigious society and thus it is paramount that a business understands it’s risks and ensures it has adequate public liability insurance in place.