Professional indemnity insurance (also known as PI insurance or professional insurance) is essential cover for anyone who provides advice, design work or any other professional service. Please see this list for a list of firms who may want to consider professional indemnity insurance.
These type of professions can easily fall victim to third party claims of professional error, omissions or neglect. By taking out a professional indemnity policy you remove this element of risk. As well as insuring against compensation claims made by your client, it can cover the legal costs involved with defending a claim.
Professional indemnity insurance helps to safeguard the long term future of your business, letting you get on with the job in perfect peace of mind.
Without Professional Indemnity Insurance, companies run the risk of being exposed to many liabilities such as:
- Libel & Slander
- Downloading of viruses to third parties
- Malicious falsehood
- False attribution of authorship
- Passing off copyright or trademarks
- Intellectual property rights
- Breach of Confidentiality
- Breach of normal rights
- Negligent statements
Call 0117 325 0027 to speak to us or send a copy of your existing brokers proposal form to St Nicholas House, 31-34 High Street, Bristol, BS1 2AW for a quotation. You can also download a copy of our Other Professions proposal form.