Professional indemnity Insurance
In today’s litigious society, Professional Indemnity (PI) Insurance is a must if you are giving advice, services or designs.
Although it’s not a legal requirement, you may find that if you’re an architect, surveyor, accountant or solicitor, trade bodies will require you to have Professional Indemnity as a condition of joining, Insurance Brokers cannot trade without it!
Although not required by law, imagine being in a situation where your advice has resulted in your client being at a financial loss and on top of that, you having a hefty bill for your legal defence costs including any damages awarded to your client.
Common professions who take out Professional Indemnity are detailed below:
Design and Construction
Landscape design and Gardening
Professional Indemnity cover includes:
Negligence or breach of professional duty
Negligent misstatement or negligent misrepresentation
Defamation, libel or slander
Infringement of intellectual property right, other than patent and trade secrets
Dishonest or fraudulent acts or errors of any present or former employee (subject to exclusions)
Breach of any contractual or common law obligation of confidentiality, including invasion of privacy.
Inadvertent transmission of a virus
Any other civil liability
We have many insurers for this specialist cover on our panel – please contact us to arrange a quotation or insurance review of your current policies.
The different types of Professional Indemnity cover:
Any one claim
Costs in addition
Get a Professional indemnity Insurance quote From Ignite Insurance Brokers
Complete the form
Submit the details of your insurance requirements
Get a quote
We will get back to you with a confirmed quotation
We will contact you to arrange cover if you wish to proceed