blip, a leading provider of small business insurance, has introduced its Professional Indemnity Insurance, further expanding its range of specialised coverage for entrepreneurs and professionals.
The company launched its Professional Indemnity Insurance to address the growing risks faced by consultants, freelancers, and advisors, according to FF News.
With increasing demand for tailored, flexible protection, this product aims to empower small business owners to focus on growth while staying protected from potentially devastating legal claims.
blip specialises in insurance for small businesses, offering a range of policies designed to meet the diverse needs of UK entrepreneurs.
The company’s offerings include public liability, employer’s liability, personal accident cover, and protection for business tools and equipment. Blip’s commitment to affordability and innovation sets it apart in the InsurTech space.
blip’s Professional Indemnity Insurance provides coverage against claims of negligence, errors, or omissions.
It also protects businesses from financial losses due to employee dishonesty. The policy is tailored to the needs of small businesses and independent professionals, offering a simplified application process that delivers a quote in just four questions.
Key benefits of the product
- Robust protection: Coverage includes professional negligence, employee dishonesty, and more.
- Tailored design: Specifically built for small businesses, with a streamlined process.
- Hassle-free claims: Quick and efficient claims handling, supported by a dedicated team.
Additional product enhancements
blip’s Triple-Lock Guarantee enhances the value of its offerings:
- Compare: Policies are, on average, one-third cheaper than competitors.
- Match: A Best Price Match promise ensures customers receive the most competitive rates.
- Profit-Share: Up to 10% of premiums are shared back with customers if claims and expenses are lower than premiums.
“At blip, we know small businesses face ever-growing risks and deserve coverage that’s not only affordable but built to protect,” blip CEO Gary Ross said. “Our Professional Indemnity insurance is another step in our mission to provide comprehensive solutions to all UK businesses, not just those who make and sell tangible things but those that provide expert advice and services. We want to unite UK businesses to help them grow and at the same time join blip and share in our profits. This is just the next step on our journey.”
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