Professional Indemnity Insurance >>>

Professional Indemnity Insurance

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Professional indemnity (PI) insurance protects professionals from claims made against them by their past or present clients.


Professional indemnity insurance is designed for professionals who provide advice or services to their clients. It protects your business against legal costs and claims by third parties for damages arising from acts, omissions or breaches of professional duty in the course of your business. This basically means that if you do something (or neglect to do something) in the course of your work, and a client suffers injury or financial loss as a result, they might take legal action against you. And at the end of the day, we are all human we all make mistakes.

What’s included in the Policy:

We can assist with:

  • Professional Indemnity
  • Public and Products Liability
  • Management Liability
  • Cyber Liability
  • Drone Risks
  • Corporate Travel
  • Defence costs
  • Consumer Protection
  • Joint ventures
  • Loss of Documents
  • Inquiry costs
  • Estates
  • Compensation for Court Attendance
  • Public Relations Expenses
  • Former Principals Libel & Slander

Remember…

If a client suffers a material, financial or physical loss that can be attributed to an experts failure to uphold their professional standards or the provision of that experts advice, then the expert risks being sued for a breach of their professional duty. Professional indemnity insurance indemnifies you against a claim resulting from a breach of professional duty.

All PI insurance policies have a limit of indemnity and an excess. The limit of indemnity specifies the absolute maximum amount that the insuring party will pay in total for any individual claim. The excess applies for each individual claim that exceeds the limit of indemnity and specifies the amount that must be paid by the insured.

PI insurance is written on a claims-made basis, meaning that the insurance policy provides cover for claims made during the period the insurance is active in respect of professional services rendered after the agreed retroactive date and always subject to the terms and conditions of the insurance policy at the time.

The agreed retroactive date is specified in the insurance policy schedule and depends among other factors on the PI insurance package.

Professionals are legally held to a higher degree of skill and experience than other people and could be considered experts in their respective industries and also expected to uphold professional standards. Get a quote now!

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