Professional Indemnity Insurance
Professional Indemnity Insurance is designed for professionals who provide advice or services to their customers. 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.
In real terms, this means that if you do something (or neglect to do something) in the course of your work, and a customer suffers injury or financial loss as a result, they may take legal action against you. With the right policy, you can defend your business against the claim and prevent financial loss.
Some businesses that this insurance is absolutely essential includes:
Accountants
Mortgage Brokers
Insurance Brokers
Business & Management Consultants
IT Professionals
Recruitment Consultants and Agencies
Fitness Professionals
Business Brokers
Teachers and Tutors
Doctors and Medical Professionals
Professional Indemnity is a very technical cover and is often tailored to your specific industry. If you have any questions or doubts about your existing insurance program, please don't hesitate to contact us
