Professional Indemnity Insurance

Professional Liability Insurance or Professional Indemnity Insurance (PI)
Professional Liability Insurance is essential for any Professional Business and Service.
A professional is deemed to be any person providing 'specialist advice or service' that a customer would act upon.


Why do we need PI? -

The governing bodies for the traditional professions such as Accountants, Architects, Bailiff, Design and Construct, Engineers, Insurance Brokers, Information Technology, Medical Malpractice, Media, Surveyors, Solicitors, Underwriting Agents, Financial Advisers, standard requirements insist on Professional Liability Insurance. Even if this was not the case the financial exposure and brand exposure in the current litigious environment we have today are too great for a business to carry.  

What are the benefits? -

PI Insurance provides indemnity to the insured against financial loss as a result of negligence, error or omission committed in the conduct of the insured's professional business. This cover is not intended to meet the cost for defending claims and any damages payable. Due to increasing consumer awareness, PI Insurance has never been more necessary