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Statisticians Insurance

Protecting statisticians from under £55* per year

Not on comparison sites — save money by coming direct to us

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Excellent 4.7 out of 5

Professional Saver Statisticians Insurance


Our standard cover is:

  • £1 million cover for public and products liability (with an option to increase to £2 million, £5 million or £10 million)
  • £10,000 cover for any financial loss (£50K cover optional)
  • Worldwide liability cover for temporary work abroad for up to 14 days (excluding the USA and Canada)

As a statistician, having comprehensive insurance is essential to protect your practice from legal claims and reputational damage. Our tailored policies shield statistical professionals, covering areas like negligence claims, data security breaches, and intellectual property disputes. We cater to various statistical applications, including research, consulting, and risk assessment.

Our standard coverage includes professional indemnity and public liability, so you have expert legal representation if you face civil claims. As a specialist provider working directly with clients, we create bespoke solutions covering unique statistical risks like model inaccuracy and privacy violations.

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Why choose Professional Saver statisticians insurance?

Save £££ on your insurance Save on your insurance

Customers are always telling us how much they saved by switching

Trusted for over 40 years Trusted for over 40 years

We’ve been providing insurance to businesses since 1984

Financial Strength Financial Strength

Insurance provided by a Standard & Poor’s ‘AA- Stable’ rated insurer

Defaqto 5 Star rated

Our Professional Saver Insurance (Covea) has been independently rated 5 Stars by Defaqto – the highest possible rating, awarded to excellent products with a comprehensive range of features and benefits.

How our statisticians insurance works

1 Apply online

Complete our simple quote form with basic details about your business.

2 Get a quote

Get an instant quote & choose any optional covers you may need.

3 You’re insured!

Instantly activate your Professional Saver policy and view your certificates online.

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What is Statisticians Professional Indemnity Insurance?

Our specialist insurance protects statisticians and statistical analysts who provide organisations with data modelling, analysis and reporting services. This covers:

  • Data mining, cleaning and processing
  • Statistical analysis and modelling
  • Data visualisation and reporting
  • Forecasting and predictive analytics
  • Survey design and analysis

However, risks arise from:

  • Flawed statistical methodology
  • Inaccurate data analysis and modelling
  • Reporting errors and misinterpretations
  • Breaches of client confidentiality

These errors can lead to professional negligence claims, loss of client trust and reputational damage. Our policies cover compensation and legal costs resulting from disputes and complaints.

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Why Do Statisticians Need Liability Insurance?

As trusted statistical advisors, clients rely on your data analysis to drive strategic decisions and operational changes. However, statistical errors or oversights can lead to significant financial losses without adequate insurance. Our policies give you complete peace of mind that your insurer will deal with any disputes caused by your statistical services.

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What Does Our Statisticians Insurance Cover?

Our specialist policies protect against:

  • Public Liability – This insurance shields you from financial responsibility if you unintentionally cause injury or damage to property while working on-site at a client’s location.
  • Legal Expenses – Provides access to specialist legal advice and covers representation costs if you face civil claims alleging negligence. 

Additional Covers For Statisticians

You can add these separate policies to your core cover:

  • Contents and Business Equipment Insurance – This policy pays to replace or repair items that got damaged, lost or stolen while you work.
  • Professional Indemnity – This key cover defends you against financial claims from clients who suffer losses due to errors in data analysis or interpretation, faulty statistical methodology or modelling, reporting errors impacting client decisions or breaches of client data confidentiality. 
  • Cover for Temporary Staff – This insurance provides the same coverage for any freelancers or contractors you hire under your business name, ensuring your company is fully protected.

We offer varying levels of coverage with high policy limits based on your specific business needs. To get a quote, simply fill out our quick online form.

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Why Choose Professional Saver for Your Insurance?

With 35+ years of experience protecting small businesses, you can trust Professional Saver to safeguard your speech writing consultancy. Our key advantages are:

  • Direct Specialists – We are a specialist commercial insurance provider, not an online comparison website. Clients work directly with our advisors, who understand the unique insurance needs of speech writers.
  • 24/7 Legal Helpline – Whenever you need expert legal advice on insurance matters, our dedicated helpline offers guidance.
  • Monthly Instalments – You can spread insurance costs by paying in monthly instalments if your policy exceeds £125 annually.

Get an instant quote online today and enjoy peace of mind that your consultancy is fully protected.

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Chosen by over 5000 businesses and counting*

Chosen by over 18761 businesses and counting

Online & Anywhere

We like to keep things simple. Your quote, purchase and documents are all available online, anytime.

Monthly Instalments

Cashflow is important to every business. Spread the cost by paying in easy monthly instalments.

Instant Cover

No need to wait for your documents. Our professional cover starts from the date you select.

Added Protection

Public liability, products liability, financial loss, legal expenses and accidental death cover as standard.

* Total number of live policies as of 31/10/2025

FAQs

Statisticians Insurance FAQs

Statisticians need insurance because inaccurate statistical analysis, models and reporting can lead organisations to make flawed strategic and operational decisions that cause major financial damage. Without adequate insurance, statisticians risk substantial negligence claims from clients.

  • Faulty sales forecasting models leading to overstocking and write-off costs
  • Inaccurate predictive analytics causing a business to miss a revenue trend
  • Reporting errors that influence a company to abandon a profitable product
  • Breaches of confidential customer data held for analysis purposes

Our optional professional indemnity insurance covers clients’ financial loss claims.

Our cover is designed for statisticians and analysts providing services like:

  • Data mining and collection
  • Quantitative and qualitative analysis
  • Statistical modelling and predictive analytics
  • Data visualisation and reporting
  • Survey design and analysis
  • Forecasting and trend projections
  • Risk modelling and simulations
  • Data confidentiality and management

Yes. Our policies can extend to cover contracted statisticians and analysts operating under your company’s professional indemnity insurance. This ensures adequate protection for anyone conducting work on your behalf.

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What our customers say

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