David Steele explaining professional indemnity insurance to his sons

16th Aug 2017: “B2B Ten Minutes” with David Steele

[Excellent photo of David Steele explaining the difference between public liability and professional indemnity insurance to his sons by Joanne Cooper.]

Following Steve Dearn’s lead, David Steele of Coversure Walsall quizzed us about some of the less well-known but important facts of professional (and personal) insurance.

Apart from hearing about the pub-quiz-tastic record that the biggest individual motor insurance claim in the UK was made by Rowan Atkinson, we also learned about one of David’s hobby-horses: the crucial difference between public liability and professional indemnity insurance.

While we were all familiar with the idea that a B2B member like James Dickens, who does substantial work on clients’ own premises, needs public liability insurance—in case a member of the public should, for example, slip, fall, and injure herself in an area in which James is working—David’s quiz taught us that a mostly office-based accountant, already covered by professional indemnity insurance for the advice she provides, who regularly invites clients onto her own business premises, like Val Culley, would also require public liability insurance—and for similar reasons.

This kind of expertise is an integral part of the service David offers all his clients and potential clients. And, if you would like to benefit from that kind of attention to detail yourself, get in touch with him to find out more.

Latest B2B totals

This week, B2B Tamworth generated a purse-stretching £6 929 of business, making a total in 2017 to date, of £180 756 of business shared among B2B members.

Next week’s speakers

Next week, the Education Slot will be delivered by Joanne Cooper and the B2B Ten Minutes will be in the hands of Ronnie Allen.

Join us!

If you would like to find out more about becoming a part of Tamworth’s most successful business networking group, come along as a visitor to one of our weekly meetings. Please ring Scott Hayler on 07837 652007 to book.