Attention all Professionals :
Professional Indemnity Insurance Coverage via MUC
Professionals (and particularly warrant holders) who provide a service and offer advice, such as engineers, architects, accountants and lawyers, are required to be covered by an indemnity insurance when practising their profession, to protect them for claims for compensation made for negligence, errors or emissions that have been made in the conduct of their business.
However this involves a hefty expense which needs to be paid by the individuals on a yearly basis if one were to offer his/her services on an individual basis.
As from 1st October 2015 Malta University Consulting Ltd (MUC) is offering Professional Indemnity Insurance Coverage to Consultants and Trainers that are offering their expert services through the Company thus reducing this financial burden. Academics and staff of the University of Malta as well as other professionals are thus encouraged to take advantage of this coverage.