Professional indemnity insurance is mandatory for some professions such as solicitors, accountants and those in the construction sector. Professional indemnity insurance also covers legal costs and expenses incurred in defending a claim and these can be substantial. If your client is offering any form of professional advice they should be purchasing professional indemnity insurance.
The PI market has experienced a sharp change in premium rating and terms offered, first triggered by the Lloyd’s review. Our team have extensive experience and understanding of the market with every client being presented one-to-one with Insures to ensure that the best terms and conditions are achieved.
If your client does not fit the local market, on-line providers or require additional top-up cover, please contact one of the team for a consultation on options.
Target business sectors include:
Available coverages include: