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Business Cover

Professional Indemnity Insurance

What is Professional Indemnity (PI) insurance?

Professional Indemnity (PI) insurance covers your business against possible legal liability for damage, costs and expenses in respect of claims for breaches of professional duties made against you and your employees.  A PI Insurance policy covers legal expense cover in defending a claim as well as providing expert legal advice and covering subsequent awards.

What does Professional Indemnity insurance cover? 

Any business that provides services or professional advice, such as accountants, consultants, technology companies etc.. will need to consider Professional Indemnity (PI) insurance cover. 

Your business could be liable if you give incorrect advice which could cause loss to another person for example. Legal costs in defending actions brought against you or your business and the cost of the subsequent award is covered by PI Insurance.

With the right Professional Indemnity insurance, you will be protecting against:

  • Negligence (duty of care)
  • Employee dishonesty
  • Infringement of property rights
  • Document/data loss

Our team can examine the precise cover required and can then find the best deal available for you.