Insurance for Contractors

As a contractor, having the right insurance is essential to ensure you are covered for every eventuality, from personal injury and professional indemnity cover against claims for negligence (making a mistake, for example, or giving bad advice), to protection for the public and employees in respect of your role.

At VERTO, we ensure that all contractors registered with us have the appropriate insurance cover, and are not only protecting themselves but their livelihood.

VERTO contractors benefit from a range of insurances for most industries so contractors can rest assured they are covered for the majority of situations, including:

Standard Insurances

Personal accident

An accident in the workplace will have a significant impact on anybody, but for contractors in particular, who rely on consistent work, having personal accident cover will help to reduce the financial impact that an accident could potentially have on income.

Public liability

Contractors are covered for damage to third party property, as well as injury to third party persons.

Employers' liability

As a contractor with VERTO Solutions Umbrella Limited you’ll automatically be covered by Employers’ Liability insurance. In the event you suffer a work related sickness or injury at work, you have the right to claim against the employer for compensation.

Dedicated Insurance Team

Before taking on any assignment, we recommend contractors contact VERTO’s Insurance Team for further information.

Additional Insurances

Should your work require it the following covers are included:

Professional indemnity

Professional indemnity insurance offers protection against claims of negligence, such as errors or inaccurate advice. VERTO can provide you with cover under our Professional Indemnity policy. Please note that opting for this additional protection may result in a small adjustment to the standard retained margin.

Offshore insurance

For contractors working offshore in the energy sector, offshore insurance is essential. Before starting any offshore assignment, we recommend contacting VERTO. We can provide coverage under our Offshore Insurance Policy, ensuring you’re protected throughout your assignment.

Please note that this additional cover may result in a slight adjustment to the standard retained margin.

VERTO’s insurance coverage is available worldwide, with the exception of the USA and Canada.