Software Developers Insurance
Expect more from your insurer. Protect your business with tailored software developer insurance from £5 a month*.
Fast, easy online quote in 90 seconds
24hr legal advice helpline included
No hidden fees or cancellation charges
Cover starting at £5 a month
Cover starting at £5 a month
Frequently asked questions
I need to arrange software developers insurance to secure a contract – do you provide proof of cover?
Yes. When you take out software developers insurance with Markel, you will receive your policy documents via email immediately. Included in your policy documents is your ‘Confirmation of Liability Insurance’ - which details the insurance you have chosen - and can be presented to your clients as proof of cover.
Is my past work covered?
If you have previously held uninterrupted professional indemnity insurance before purchasing a policy with us, past software development work is covered.
Our policy is unable to cover past work if, for a period of time, you did not hold professional indemnity insurance.
- You have never previously held professional indemnity insurance
- You held a professional indemnity insurance policy before, but chose not to renew
- Or, you cancelled a previous professional indemnity insurance policy at the end of your contract
If you require further clarification regarding past work, please call us on 0800 640 6600.
What limit of cover should I choose?
Frequently, in order to undertake contracted work, software developers must have a minimum limit of cover. Industry bodies and clients will define these beforehand – before arranging cover with Markel, you may wish to check their guidelines.
If this is the first time you have arranged insurance cover, consider the worst-case scenario that could arise while developing software for a client and calculate the likely costs of putting the mistake right.
Markel offers a wide range of limits and levels of cover, so you can build a tailored policy for your individual needs.
What's the difference between professional indemnity and public liability?
Professional indemnity covers you against allegations of professional negligence. This includes instances where you accidentally make an error while working on software development for a client, during planning, programming or testing for example.
Public liability insurance covers against allegations of injury or illness caused to third parties due to negligence on your part. This covers your business against personal injury claims. Additionally, public liability insurance covers against damage to third-party property.
For example, if someone were to trip over your laptop wire, injure themselves and make a personal injury claim against you, you would be covered by public liability insurance.
Both professional indemnity and public liability insurance cover you against different scenarios, you must consider holding both to protect your business.
Why should I insure with Markel?
With over 25 years’ experience in insuring IT professionals, including software developers, Markel understands the risks facing your industry.
We are a division of Markel International, a Lloyd’s and London market insurer that wrote gross premium totals of $1.2 billion in 2018.
Want to know more? Call on 0800 640 6600 to speak to an insurance expert, who can answer any queries you have about different types of cover and talk you through them, step-by-step.
Alternatively, get an online quote in 90 seconds and start protecting your software development business with Markel today.
How are Markel Direct regulated?
Markel International Insurance Company Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Find out more on the Financial Services Register.
Access exclusive contractor services with your Markel insurance policy
When you purchase a policy with Markel, you get access to a number of services including expert advice, legal resources and specialist help (included with the relevant cover):
24/7 access to a legal advice helpline manned by qualified solicitors
Access legal templates and resources with the Markel Business Hub
Support with chasing unpaid invoices with our fee dispute service
Receive discounted IR35 contract reviews with your policy
Expert management of public relations crises with The Counsel House