What is Professional Indemnity Insurance?
Businesses providing professional services are likely to make errors which can result in the party being consulted incurring financial and other forms of losses. In the case you or someone on the behalf of your company is alleged to have provided inadequate services to a client, professional indemnity insurance provides cover for the legal costs and expenses in defending the claim, as well as compensation payable to your client to rectify the mistake.
What does it cover?
Professional negligence (i.e. making a mistake in a piece of work for a client)
Loss of documents or data
Unintentional breach of copyright and/or confidentiality
Defamation and libel
Loss of goods or money (your own or for which you are responsible)
Reputation and brand protection
For general inquiries or to reach a colleague, please give us a call or contact us via e-mail. If you are an existing client, we encourage you to get in touch directly with your allocated Client Executive.