Independent Consultant Needing PI for Advice Work

Professional indemnity for management, IT, HR, or specialist consultants — the retroactive date is everything.

You sell expertise — strategy, advice, deliverables, recommendations. PI covers civil liability claims arising from professional services. Because every NZ retail PI wording is claims-made, your retroactive date decides whether work from last year is covered when you change insurers; run-off cover decides what happens when you close the business.

Cover types most relevant

Professional indemnity

Professional indemnity covers your civil liability for claims arising from professional services. Every NZ retail PI wording is claims-made — the retroactive date and run-off availability decide whether old work is covered when you change insurers or close the business.
Cyber liability

Cyber liability covers both first-party costs (incident response, forensic, notification, business interruption, ransom) and third-party liability (privacy claims, regulator fines). NZ wordings differ on whether ransomware extortion payments are insurable and how Privacy Commissioner penalties interact with statutory liability.

Refining for your situation

Have you had continuous PI cover before now? — affects how we weight matching clauses

Watch out for

retroactive: If your retroactive date is later than the work you've already done, that earlier work is NOT covered — even by your current insurer.
know about: Most wordings exclude claims arising from facts you knew (or should have known) at policy inception. Disclose every potential claim before binding.

Independent Consultant Needing PI for Advice Work

Cover types most relevant

Refining for your situation

Watch out for

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