Energy Sector (Office Based) Contractors
Larsen Howie’s Energy Sector Combined insurance includes cover at varying levels for public liability, employers liability, professional indemnity, and directors and officers liability. UK registered companies working under a UK contract can take out the policy for cover in the UK, Europe, and the rest of the world (excluding America, Canada and Mexico).
With product offers for over 370 professions - ranging from Designers and Project Managers to Non-Destructive Testers - our insurances are specifically tailored to the needs of the energy sector industry and are underwritten by some of the biggest insurers in the UK. Here at Larsen Howie, we help you to protect your business so you can do what you love with peace of mind. We offer a huge range of insurances, from Professional Indemnity and Public (& Employers) Liability to IR35 Tax Investigation & Liabilities.
|Energy Sector (Office Based) professions we insure online|
|Energy Sector Project Manager||Non-Destructive Testing|
If your profession isn't in the list above, we could still cover you.
Please call us on 01163 800 400 or email us for a personalised quote.
What insurances do Energy Sector (Office Based) contractors need?
Professional indemnity insurance (often referred to as PI) is one of the fundamental types of insurance for Energy Sector contractors and freelancers. Our PI policy protects you and your business, should your client allege that you’ve made an error or omission in your services. This can include inadequate energy generation analysis given, negligence when handling client accounts, or flawed site designs. It also covers legal expenses when defending the claim, or any compensation needed to fix the problem.
Public liability insurance Public Liability (PL) insurance covers the cost of a claim made by a client or a member of the public that has suffered injury or property damage as a result of work you’ve done, i.e. a client may trip over your laptop bag and injure themselves. While this may not seem necessary if you’re a home-based Energy Sector contractor, it’s worth having even if you rarely work from a client’s office.
An IR35 Contract Review protects you from potentially being caught by IR35. IR35, or the Off-Payroll Working Rules, has been reintroduced to challenge possible avoidance of tax and NI contributions. In particular, HMRC is looking for so-called ‘disguised employees’ who gain and carry out work via partnerships and limited companies. This makes contractors, freelancers and consultants prime targets for investigation - particularly those who work in the energy sector. If you find yourself being investigated under IR35, HMRC will ask you to prove that you’re NOT an employee - this is where a preemptive contract review will be invaluable. We can also provide you with one of the UK’s leading tax experts for IR35 training or as a defence should you have to go to trial.
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|Do I need Professional Indemnity insurance?||What is IR35? A complete guide||Tax, legal and insurance jargon buster for contractors|