Professional Indemnity Insurance, UK and Worldwide.
Professional Insurance Agents is a market leading, specialist professional indemnity insurance broker, established for over 25 years. Our PI insurance expertise and commitment to helping our clients manage their risks is evident in every aspect of our business.
Professional Indemnity Insurance
Professional Indemnity Insurance is essential for any company, organisation, consultant or contractor that gives advice or provides services in a professional capacity. In today’s competitive, fast moving commercial environment the potential for errors in the performance of services – alleged or actual – is all too real. Dissatisfied customers increasingly sue when things go wrong and the financial ramifications can be severe.
Professional Indmenity Insurance Cover available
IT Contractors indemnity limit up to £5,000,000
Accountants indemnity limit up to £2,000,000
Architects indemnity limit up to £2,000,000
Surveyors indemnity limit up to £5,000,000
Engineers indemnity limit up to £5,000,000
Additional cover for public liability and employers liability insurance can be added to your PI policy
Why do you need Professional Indemnity Insurance?
Without PI insurance, you run the risk of being exposed to many liabilities such as:
Libel and slander
Negligence
Loss of data or documents
Malicious falsehood
False attribution of authorship
Passing off copyright or trademarks
Infringment of intellectual property rights
Breach of confidentiality
Breach of normal rights
and more…
Providing invaluable financial protection and peace of mind aside, indemnity insurance (PI Insurance) can also help secure new contracts as clients are now more likely to insist that companies, organisations, contractors and consultants carry professional indemnity insurance as a prerequisite for conducting business with them. It is also beneficial to freelancers.
Furthermore, many professional authorising bodies (such as ACA, RIBA, ARB, FSA) insist that all members have a minimum level of professional indemnity insurance cover.
If you have any further questions regarding your professional indemnity and liability insurance requirements please call our brokering team on 01323 648000.
There are a lot of different types of accountancy practices offering many services to their clients, there are also many different governing bodies for accountants such as certified, chartered, ATT, CIOT, CIMA etc and of course accountants have to comply to their various regulating body requirements which in the main will involve the accountant to obtain and maintain Professional Indemnity Insurance and at a level acceptable to their regulator.
In addition many regulators of accountants will also insists that even when the accountants practice stops trading or the accountant retires that they make provisions for ‘run off’ insurance for their Professional Indemnity Insurance this is usually set at 6 years.
It is therefore very important that accountants purchase the correct policy suitable to satisfy their own regulators but by being accountants they will also be very mindful of the cost of their Professional Indemnity Insurance, hopefully this is where we can help.
When you visit our website you can obtain instant comparisons on costs and policy wordings, you can then purchase your policy direct online and have the cover and wording on your computer within minutes. Because we are a Professional Indemnity Insurance broker not a call centre or we can also give you first class advise on any queries you may have regarding the insurance companies who have offered your accountancy practice terms.
If for any reason you cannot obtain terms online we can offer a full broking service where we will go to the leading insurance providers and forward their rates and policy details for your consideration.
Why not try obtaining terms for your Professional Indemnity Insurance by visiting www.professionalinsuranceagents.co.uk it will only take a few minutes.
If you are in an IT related business you will need to consider Professional Indemnity Insurance. This will protect your business from possible claims being made against you and will help with both legal costs and damages that may be awarded.
The IT sector has many titles and of course operates in just about every business in the UK and abroad ranging from small sole traders to multi million pound businesses.
We can arrange suitable Professional Indemnity Insurance for pretty much every area of IT related business whether you are a contractor or company we can also help with contractual agreements with our solicitors partners to help you through areas in a contact that may be a concern and also provide the correct policy wording for your Professional Indemnity Insurance (PII) policy, more importantly because we are a specialist broker in the area of Professional Indemnity Insurance and Directors & Officers Insurance we can obtain instant quotes for small to medium size business (SME) and our full broking service for larger companies that may need extra types of cover. The online quote and buy facility can offer the IT professional/ consultant a choice of covers from leading insurers not just ‘one quote’. Continue reading “IT & Computer Consultants Professional Indemnity Insurance” »
Kennedys is merging with O’Hare O’Connor Walshe to create a stronger presence in Professional Indemnity Insurance and employers and public liability insurance in Ireland
There’s been a clear market and client demand for stronger market- transforming presence in Dublin and this strategic partnership will fully enable this. Driven in part by the fact that both Kennedys and O’Hare O’Connor Walshe share much of the same client base.
