Why do cyber security consultants need PI insurance?

As a cyber security consultant, you provide expert advice and services that your clients depend on. If something goes wrong, a mistake, an oversight, or even a misunderstanding, your client could claim you caused them a financial loss. Professional indemnity insurance covers the legal costs of defending yourself and any compensation you might need to pay.

Common risks for cyber security consultants include security breach despite recommendations, compliance gaps. Even careful professionals face claims from misunderstandings or unrealistic client expectations. PI insurance gives you the confidence to do your best work knowing you are protected.

Regulatory requirement: While not legally mandatory, PI insurance is strongly recommended for cyber security consultants.

What cover level do you need?

Most cyber security consultants opt for £1M of cover. The right level depends on the size of your projects, your annual revenue, and any contractual requirements from your clients. Many enterprise clients require at least £1M of PI cover as a condition of working together.

How much does it cost?

Cyber Security Consultant PI insurance starts from £14/mo for £1M of cover. The exact price depends on your annual revenue, claims history, and the specific services you provide. Leo compares prices from across the market to find you the best deal.

Get covered in 60 seconds

Talk to Leo and get your cyber security consultant PI insurance sorted.

Talk to Leo →

Frequently asked questions

Cyber Security Consultant PI insurance starts from £14/mo for £1M cover. Your exact price depends on revenue, claims history, and cover level.

While not legally mandatory, PI insurance is strongly recommended for cyber security consultants.

PI insurance for cyber security consultants covers claims arising from security breach despite recommendations, compliance gaps. It pays for legal defence costs and any compensation awarded.

Related professions