News & Events

Q&A: Changes, challenges, and insurance choices for driving instructors

Wednesday, November 27, 2019

For SMEs who provide advice or a service, Professional Indemnity (PI) should not be an option – it should be a no-brainer.”

We’ve been exploring the SME market to find out more about the current landscape of different sectors, the risks and challenges they face, and the often-unknown need for PI cover.

As our recent blog on the topic explained, a wide range of small businesses could fall foul without the right protection – even within sectors you might not expect.

Take driving instructors, for example. They offer a service that comes with an expectation of a certain level of professionalism and specialist knowledge. Like any business, they are open to the same intellectual property and crisis management risks as larger businesses. However, perhaps unlike larger corporations, if things do go wrong, the associated financial costs can be crippling for owners of small businesses like driving instructors.

We met up with Chris Bensted, co-owner of Better Driver Training – a driving school established in Kent, Surrey and South London – to find out what keeps him awake at night in terms of the driving instructor landscape and how it is evolving, the risks that come with the job, and his personal experience-based beliefs on why PI insurance is a must-have for all driving instructors.

Would you like to discuss PI cover for your clients or yourself? Our specialist team of underwriters can help. Contact Colin Brown, Head of Sales and Business Development – Professional Risks, on +44 (0)20 7680 2985 or speak to your broker.

For more information about our PI policies please click here

This article does not represent personal advice or any recommendation. Please seek advice from your Insurance Broker who will be happy to look at your individual business needs and circumstances.

Tokio Marine HCC is a trading name of HCC International Insurance Company plc, which is a member of the Tokio Marine HCC Group of Companies. HCC International Insurance Company plc is authorised by the Prudential Regulation Authority (PRA) and regulated by the UK Financial Conduct Authority (FCA) and Prudential Regulation Authority. Registered in England and Wales No. 01575839 with registered office at 1 Aldgate, London EC3N 1RE.