Professional Indemnity Insurance

Protecting your work, protecting you


What is Professional Indemnity Insurance?

Professional Indemnity Insurance protects your business if a client is unhappy with the professional service or advice you have offered. For example, if you’re an accountant or solicitor and your advice causes your client a loss, you could be held liable.

Claims could be brought against your business for losses caused by negligence, breach of duty and mistakes or oversight when providing advice, designs or other professional services. 

Why does my business need it?

Professional Indemnity Insurance is important for any business or person who provides expert services such as advice, design, or offers their skills and knowledge in a professional capacity. 

You have a duty of care towards your clients, who depend on you to provide them with a reliable service or sound professional advice. If your client loses out financially or otherwise, and holds your business responsible, the financial and reputational impact could be devastating. Having the right protection in place if things go wrong – and they often do – can be invaluable for your business.

Whatever your trade and skill level, mistakes can happen. Professional Indemnity cover allows you to work with confidence and reassures your clients they’re in safe hands.

What does it cover?

Professional Indemnity Insurance protects you in many ways. It covers the legal costs if you make a mistake and the matter ends up in court, including the compensation you may have to pay. It also covers the cost of correcting your mistake early on, instead of facing a much larger claim later.

An expert broker will look at the work you do, and the risk level involved, and tailor your policy to this so you’re fully protected. Cover can typically include:

  • Breach of duty (such as copyright infringement or breach of confidentiality)
  • Fraud and dishonesty 
  • Loss of documents, data or money
  • Court attendance
  • Compensation and legal costs

Find a professional indemnity insurance broker

Find a Broker

Key cover benefits

  • Become compliant with industry regulatory bodies
  • Flexible cover tailored to your business and occupation risk level
  • Backed by connected expertise and thinking
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