Professional Indemnity Insurance
Professional indemnity insurance protects your legal liability against a third party claiming against you for financial loss incurred due to your neglect, error or omission.
If you provide a professional service to other businesses, or sell your skills or knowledge, it is important to have adequate cover in place, protecting you against all eventualities.
Professional indemnity insurance offers protection if you make a mistake or show negligence, resulting in your client making a financial loss and claiming against you.
We are highly experienced in arranging professional indemnity for all types of business, and can advise on the level of cover that is best for you. Typically, this type of insurance is taken out by professionals such as architects, accountants, IT consultants, journalists, business consultants, engineers and construction consultants. It may also be advisable if you operate abroad or have exposure to foreign markets.
Should you retire or close your business, it is a good idea to keep this cover in place as your liability for the services you have supplied carries on for some time and there may be a delay before a claim is made.
We will be happy to advise on your legal liability and ensure adequate protection is in place.