Provides cover against claims from third parties for breach of professional duty and negligent acts, errors or omissions in giving advice, design specification or report and relates solely to staff of the University, not students.
The cover includes libel, slander, and breach of confidentiality, but excludes claims arising from any matter published wholly or in part by students. The policy includes indemnity for the personal liability of University-appointed Directors and Officers of University-owned companies and the Trustees of The University of Birmingham Pension and Assurance Scheme for their actions. It also includes cover for private work undertaken by individuals, provided that the work is channelled through Alta Innovations Limited. There are limits, and exclusions, to the Policy, full details of which can be obtained from the Finance Office Insurance Section, but the principal limitation is:-
- A limit of £2,000,000 for any claim, damages, costs etc. arising in a Court of the United States of America, its territories and possessions, or Canada.
A letter has been prepared for the University to use where organisations we deal with require evidence of the cover we have in place for Professional Indemnity.