Apex are proud to provide independent and unbiased advice on your Professional Indemnity (PI) Insurance.
Every single business in the UK that provides a professional service to its clients should have adequate professional indemnity insurance cover in place. This protects the firm in question from legal fees should they need to defend a claim, and compensation payments if the client has suffered any form of financial loss as a result of negligence.
PI insurance will typically cover mistakes such as unintentionally breaking confidentiality agreements, breaching copyright, losing valuable documents or data, loss of goods or money, and defamation or libel. In many cases, your PI cover can be tailored to take any specific requirements into consideration.
Do I Need PI Insurance?
Any organisation that works on a contract basis will benefit from having a PI policy in place. Professional indemnity insurance is, in fact, mandatory for some businesses – particularly those who fall into the accountancy, surveying and engineering brackets – as any flawed advice given by these companies to their clients could result in substantial losses. Many client will often ask for the details of your PI insurance policy during the tender process to make sure that you’re covered in case the work you provide is not of a suitable standard.
We make it easy for you to find a PI insurance policy that will give you complete peace of mind. Our team offers a wealth of experience in the industry, combined with some of the most competitive fees in the industry. We’re highly adept at meeting the needs of even the most complex businesses, working closely to protect valuable reputations and facilitate strong relationships between all parties whilst also securing the best possible rates for those who choose to work with us. Put simply, Apex Insurance Brokers is a market leader in providing professional indemnity insurance and managing the financial risks of its ever-expanding client base.
For more information on the personal indemnity insurance policies that are available for specific sectors, please browse the sections on this page.
To discuss our insurance services in more detail, please don’t hesitate to contact Apex Insurance Brokers on 0117 325 0028.