Professional Indemnity Insurance
For help and advice call Professional Insurance Agents: +44(0) 1323 648000

What is Professional Indemnity Insurance?

Professional Indemnity insurance indemnifies professionals against their legal liability to third parties for injury, loss or damage arising from their negligent acts errors or omissions committed in the course of their professional duties.
The main features of professional indemnity insurance:-

  • Professional indemnity insurance covers the firm and not the interests of their client or third parties
  • The policy will only pay when the liability of the claimant has been established
  • The duration of the policy is usually one year
  • Premiums represent a significant cost in a firm’s running costs
  • The policy will cover the cost of legal defence in the event of a claim being made
  • Professional indemnity insurance is written on a “claims made” basis. This means that cover relates to claims or potential claims against the firm notified during the period of insurance, irrespective of when the alleged negligent act or omission occurred (subject to the application of a retroactive date).

 

The professional Indemnity companies and brokers that we use for PI insurance plus other covers are listed below:

  • Abbey Legal Insurance
  • ACE Insurance
  • AIG Insurance
  • Angel Underwriting Ltd.
  • Ansvar Insurance
  • APIA
  • AXA Insurance
  • Beazley Underwriting
  • Bennett Underwriting Agencies
  • Brit Insurance
  • Camberfrod Law
  • Collegiate
  • DAS Insurance
  • Dual Underwriting
  • Royal Sun Alliance
  • Griffiths Armour
  • HCC International
  • Hiscox
  • Holman’s
  • Houlder Insurance Services
  • ICON Insurance
  • Ingham Underwriting
  • Ink Underwriting Limited
  • Insurance Marketing Co
  • insurance World
  • Magian Underwriting
  • Markel (UK) Limited
  • Marketform Insurance
  • Michael Pavey Brokers
  • Miller Insurance Services Ltd
  • NIG Skandia Insurance
  • Norwich Union
  • Oxygen
  • Prime Professions
  • PYV
  • QBE Insurance (Europe)
  • Samian Underwriting
  • Saturn Professional Risks
  • Sutton Specialist Risks
  • Tonnic Underwriting
  • Towergate Commercial
  • W R Berkley Insurance
  • WSP Insurance Brokers
  • WW Group Limited
  • Zurich
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