Professional Indemnity

 

Professional Indemnity Insurance covers professional advice and service-providing individuals and companies against claims of negligence. Professional indemnity insurance is essential for many professions, as the legal costs associated with defending against negligence claims by clients can be extremely high. Moreover, the likelihood of these types of claims tends to increase during an economic downturn. Professional indemnity insurance will cover costs incurred by the insured during the course of such a claim.

 

Professional Indemnity insurance is considered to be particular important for:

  • Legal Professions
  • Medical Professions
  • Brokers
  • Accounting and financial services
  • Consultants
  • Information Technology
  • Construction, maintenance and general contractors
  • Charities and non-profits orgaisations (NGOs)

 

We have exclusive schemes for some professions, and are happy to provide a confidential report and quotation.


What does it cover?

A professional indemnity policy typically covers liability for negligent acts, errors and omissions, and can be extended to include breaches of duty and civil liability, including breaches of contract, libel and slander.

Professional Indemnity policies can differ significantly in their policy wordings and can vary widely in what is considered to be standard cover or otherwise. Our many years of experience in dealing with professional indemnity policies will help you ensure that you have an appropriate amount of cover for your specific circumstances, at a reasonable premium.

 We also offer extensions such as:

  • Computer Virus Transmission – covering claims arising from persons abusing access to your system.
  • Cyber Liability – covering claims arising from liability relating to internet activities.

 

Please advise us of your present renewal date and we will contact you prior to that date to provide an alternative quotation to you.

 

Contact us directly for further details.