Willis Towers Watson
Overview
Trade associations/
affinity groups
What insurance cover should an organisation in this sector require/consider?
Trade Associations require Professional Indemnity Insurance (PII) to protect against day-to-day operations of the association. From representing the interest of their members to engaging with outside organisations; to promoting members' interests- there are exposures that can result in allegations of negligence. Trade Associations increasingly find themselves exposed to allegations of incompetence, libel, slander, breach of confidentiality, loss of data, negligence and mis-management.

In addition to insurance cover for the association itself, many trades and affinity groups can serve their members by providing PII for their members through a scheme that maximises the buying power of the members resulting in competitive premiums and broad policy coverage.

In addition to this, organisations should also consider:
  • Directors & Officers Liability Insurance
  • Outside Board Insurance
  • Employment Practices Liability Insurance
  • Cyber Liability Insurance
  • Trustees Liability Insurance
  • Environmental Insurance
Note: Some of these insurances are compulsory and are driven by local legislation governing the regulation of Legal Practices. >> Willis Towers Watson services
How do we add value?
Our specialists aim to provide insurance solutions that best meet our clients' group needs, even if that means tailoring a scheme that will give our clients better insurance coverage compared with a stand-alone insurance policy.

Our clients receive a boutique broker service whilst still receiving all the benefits that a global broker provides - ensuring consistently competitive priced insurance solutions.
Our experience in this sector
Our highly skilled professional indemnity specialists serve a vast array of clients including a wide range of trade associations and affinity groups. We provide them with a combination of sector and technical expertise; professionally qualified associates; and a personal, proactive service.

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