New bespoke insurance products for CSD Members
In 2017, we announced the launch of a new bespoke, value-driven approach to Professional Indemnity Insurance and the associated products for designers and design businesses.
We are now pleased to say that our members can access a comprehensive range of insurance products and services to meet their requirements through our partnership with McParland Finn Ltd insurance brokers.
In addition to preferential rates and payment terms, members can also get initial advice, an audit of protection requirements based on their design profile, and a design-savvy professional service.
Kevin McParland, Chairman of MFL, said: ‘We have listened and examined the requirements of CSD very carefully and are proud to offer a range of insurance products that we believe are robust and high quality, maintaining at its centre the need to ensure protection for the Members while undertaking their professional activities.’
CSD’s Chief Executive, Frank Peters FCSD, said: ‘MFL are committed to providing our members with value, professionalism and expertise. By building strong, long-lasting relationships with clients, delivering value, professionalism and expertise, MFL aims to be a strategic partner to CSD Members, their business and the Society.’
Professional Indemnity (PI) cover is perhaps the single most important insurance protection for a professional in any sector. It can cover you for the legal costs and expenses in defending a claim if you are alleged to have provided inadequate advice, services or designs to a client.
We recommend that all our members carry adequate PI cover, and Chartered Designers must have this to maintain their chartered status.
In addition to Professional Indemnity Insurance, designers may also wish to consider:
- Business Interruption insurance
- Intellectual Property insurance
- Premises & Business Property insurance
- Public Liability insurance
- Legal Expenses insurance
- Directors’ & Officers’ insurance
- Business Travel insurance
- Cyber Liability insurance
Members can find more information on this offer by visiting the Member’s Area.