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PROFESSIONAL INDEMNITY INSURANCE
ADVERTISING AGENTS
Examples of actual claims made and settled by Insurers.
Advertising Agents
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The Insured was instructed to carry out direct mailing in connection with a new product launch. A large number of addresses proved to be incorrect necessitating a complete re-mail. |
£2,500,000 |
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A promotional campaign was organised in which a free gift was offered to purchasers of a product in exchange for a number of proofs of purchase. The description of the gift inadvertently quoted a registered trade mark and the Advertising Agents were obliged to supply the authentic product at an increased cost.
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£600,000 |
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Loss of business was alleged when advertising material was not produced in time because the printer had gone bankrupt.
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£250,000 |
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The Insured failed to cancel media space.
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£140,000 |
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According to the clients, a television commercial produced by the Insured failed to satisfy their specified requirements. |
£140,000 |
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The client alleged negligence in the production of a television commercial.
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£140,000 |
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A commercial shown on television had the wrong soundtrack.
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£100,000 |
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The Insured was asked to design and run a direct marketing campaign. The brochures were incomplete and wrongly addressed. The client claimed damages for the extra costs incurred and the loss of revenue. |
£100,000 |
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The Insured organised a competition, but the equipment malfunctioned and so too many prizes were awarded. |
£96,000 |
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The Insured arranged some television advertising but inadvertently supplied the television company with the wrong commercial. |
£75,000 |
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A large retailer client of the Insured was offering discounts off all lines for one day. Unfortunately, advertisements arranged by the Insured specified the wrong day. The client is claiming for the cost of a second advertisement plus alleged loss of sales.
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£60,000 |
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A film star alleged that his likeness was used in an advertisement without permission.
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£36,000 |
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A brochure produced for a client is alleged to have contained errors. A claim has been made for the costs of reprinting.
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£35,000 |
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Breach of copyright was alleged against the Insured.
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£25,000 |
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The Insured inserted an incorrect advertisement in a mass circulation newspaper. Their client claimed for losses due to a low response, loss of credibility and the cost of inserting the correct advertisement. |
£25,000 |
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In an advertisement for a motor manufacturer the wrong photograph was used by the Insured.
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£22,000 |
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During a promotion involving the mailing of 100,000 trade magazines the client alleged that a postage rebate was missed due to the Insured neglecting to notify the printers. |
£21,000 |
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The client’s wrong address was shown incorrectly in an advertisement.
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£15,000 |
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A ‘prestige advertising brochure’ contained a spelling error and 100,000 copies had to be reprinted. |
£15,000 |
Ensure that these claims don't happen to you and your company, please contact us now and we will be happy to advise you on a professional indemnity policy that is tailored specifically for your needs. |
| We can be contacted by telephone on 01420 594242, or by filling in our On-line Form. |
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Headley
Insurance Services Limited is authorised and regulated by
the Financial Services Authority in respect of general insurance
business.
| Headley Insurance Services Ltd, William Curtis House, Lenten
Street, Alton, Hants GU34 1HH |
| Offices also at: 1551 Wimborne Road, Kinson, Bournemouth
BH10 7AZ | |
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