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New contract requests 10m 'civil liability insurance' - anyone else seen this?

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    #11
    Originally posted by northernladuk View Post

    So that could be why they want civil liability instead of professional indemnity in case you handle a bad deal and they can claim rather than you actually doing something negligent or wrong?
    Yeah, possibly. Doesn't feel quite 'right' though. If they dig their heels in, I may skip this one! Thought I'd bring it here to see if anyone else had the same requirement - seems not! At the very least I hope this may help in case a.n.other has this insurance requirement in a future contract.

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      #12
      I've often been asked for £10m (it seems to be a standard requirement for various companies within a certain US group I've done a lot for). I've never had a problem going back to them and stating I have £5m cover and that's all. Their legal dept have always been OK with it.

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        #13
        Originally posted by ReallyTallTony View Post

        Hi northernladuk. I offer Procurement, Contract and Vendor management services. This is for a large org based in US but with a UK presence.
        Ah, yes, same stuff as me then. I bet I know who you're working for. They should be OK to reduce the expectations.

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