Professional indemnity insurance – or PI insurance – provides cover for the legal costs and expenses involved in defending a claim, as well as compensation payable to your client if you are found to be responsible for providing inadequate advice, services or designs that cause your client to lose money.
Having a professional indemnity policy in place is crucial to allow you to work freely and confidently in the knowledge that your business is protected. Even the smallest mistake could lead to an unhappy client, and whether you are at fault or not, they may take issue with the work you have carried out and seek compensation.
Aware that every profession has unique insurance requirements, we have built our knowledge and understanding to ensure we offer the most suitable solution for your business. As professional indemnity specialists, we have access to a wide market allowing us to select cover to suit your business, with influence to negotiate genuinely competitive premiums.