As an IT consultant — whether you provide systems-design, software implementation, cybersecurity advice, infrastructure projects or managed services — you work in a complex risk environment. A single mistake, data loss, breach of confidentiality or project failure can lead to a serious claim.
At Fraser Bond, we help IT professionals, technology consultants and service-providers understand how insurance supports not only their business but also fits into the broader London property, corporate and client ecosystem.
Insurance for IT consulting is a tailored set of cover options designed for professionals offering advice, implementation or support in the technology field. It typically includes:
Professional Indemnity (PI) Insurance – Protects against claims of negligence, error or omission in your advisory or delivery services. For example: recommending software that fails, causing client loss.
Public & Product Liability Insurance – Covers physical injury or property damage caused during your work (e.g., visiting client sites, installing hardware).
Cyber / Data Liability Insurance – Protects against losses from data breaches, hacking, failure of IT systems or loss of client data.
Employer’s Liability Insurance – Legally required in the UK if you employ any staff — covering their injury or illness at work.
Equipment / Contents Cover – Protects your hardware, laptops, servers or mobile kit used in your consultancy.
Operating as an IT consultant in London brings particular exposure:
You may work in high-value corporate or property environments where downtime, system failure or data breach can trigger significant financial loss.
Many clients and large organisations will require proof of PI cover, cyber cover or liability cover before engaging your services.
Given the data-driven nature of many London businesses (including property, finance, services), the risk from cyber incidents or data loss is high.
Your service may affect property, operations, or be integrated with landlord or tenant systems, making your risk profile broader than pure IT.
Having the right insurance not only protects you — it supports your credibility when contracting with London organisations.
Here are what you should expect and review when selecting your policy:
Professional Indemnity limits for IT consultants often range from £250,000 to several £5 million, depending on project size and client contract.
Public liability cover for IT consultants can start at £1 million, and depend on whether you visit client sites, use hardware, or supply products.
Online quotes for IT consultant insurance may start from as little as £5.64/month for basic cover.
Key cost and policy drivers include: business turnover, number of employees, nature and value of contracts, whether you visit client sites or supply hardware, whether you handle sensitive data.
Important policy features to check:
Retroactive cover – ensure past advice/work is covered in case of claims made later.
Exclusions – such as known claims, high-risk work, work outside defined territory.
Equipment/kit cover – if you supply hardware or work on-site.
Cyber support – if you handle client data or run IT systems, cyber/data cover is vital.
Fraser Bond recommends the following approach when selecting insurance for your IT consultancy:
Define your service scope – Are you purely advisory, or also implementing hardware/software, running systems, visiting client sites? Each brings different risks.
Check your contracts & client requirements – Many London organisations will stipulate minimum insurance levels as part of procurement.
Ensure your limits match your risk – High-value clients, major projects, or data-intensive work may require higher limits.
Review the policy wording carefully – Make sure your type of service is covered (e.g., system design, consultancy, software supply), check retroactive date, territory and exclusions.
Don’t forget liability and kit cover – Even if you think your risk is purely advisory, visits to client premises or hardware supply means liability and material cover are relevant.
Consider cyber/data liability – If you handle or manage sensitive client data, or your advice involves cyber risk, ensure this is included.
Review annually – As you grow, take on more clients, or expand your services, your insurance needs will change.
Work with an adviser who understands your field – Because IT consultancy has specific exposures, an insurer or broker experienced in this sector ensures you’re not under-insured or exposed.
Fraser Bond offers more than standard insurance advice. Our value to IT consultants includes:
Understanding how your consultancy work intersects with property, asset, tenant or business operations in London — many of your clients may be landlords, property managers or organisations that operate in property ecosystems.
Helping you evaluate and interpret insurance policy documents, ensuring your cover aligns with your contract and risk profile.
Supporting you to present your credentials (proof of insurance) to clients and procurement processes, boosting your credibility.
Reviewing your insurance structure as your consultancy grows, your services evolve, or you diversify into property-linked or corporate work.
Ensure your IT consultancy business is protected with the right insurance cover.
Visit FraserBond.com or contact our London advisory team for tailored guidance on IT consulting insurance, professional indemnity, cyber liability and how to align your cover with your clients, service-scope and risk profile.
