Professional Indemnity

  • Professional indemnity insurance – what does it cover?
  • Professional indemnity covers your legal costs and expenses in defending a claim, and any compensation or costs that may subsequently be awarded, following:
  • Professional negligence, such as making a mistake in a piece of work for a client, or giving them poor advice
  • Unintentional breach of confidentiality and/or copyright
  • Defamation and libel
  • Loss of documents or data
  • Loss of money or goods (for which you are responsible)

If you provide advice, design or a professional service to your customers, professional indemnity insurance (also known as professional liability insurance or, in some cases, indemnity insurance) is typically regarded as essential cover.

In a nutshell, professional indemnity insurance can provide you with cover for claims made against you due to a problem with your work, advice or process. For example, it could protect you against a compensation claim from a client for negligence or mistakes, covering the potentially expensive legal costs.

  1. What professional indemnity insurance limit should i choose?
  2. Many clients and industry bodies with regulatory requirements will need you to have a minimum amount of cover, so be sure to choose a suitable limit.
  3. We offer professional indemnity insurance for over 200 professional with limits ranging from £50,000 to £10 million so you are guaranteed to find the right cover for your business.