Any data security breaches or cyber-attacks can leave your marketing agency vulnerable financially and impact your reputation. These claims can have a huge impact on business operations while ongoing, so it's worth ensuring adequate cover is in place.
Insurance can be complex, and it's easy to misunderstand the extent of your policy cover. Speak to an expert who understands your work and what your clients expect, so you're confident the policy covers you in the event of a claim. If a policy looks too good to be true, something critical might be excluded — don't overlook the details. The more specialist your marketing agency, the more specialist insurance you will need.
What types of insurance policy should you consider?
- Professional Indemnity Insurance — covers negligence, infringements, or breaches of confidentiality/regulations
- Cyber liability — essential given the ever-increasing risk of cyber-attack
- Contents and Equipment insurance — for teams with expensive equipment and computers, in case of fire, theft, accidental damage or natural disaster
- Public Liability — protects against responsibility for accidents or incidents causing harm to others
- Employers Liability — protects employees who become ill or injured as a result of their work