Professional Indemnity

Professional Indemnity (PI) insurance protects your business against claims for loss or damage made by a client or third party. Claims will arise when it is alleged that you have been negligent in the course of providing a service. It is not necessary for you to receive a fee in respect of the provision of that service for an allegation to arise. In addition to covering the cost of the claim, providing it settles at an amount above your self-insured excess, PI insurance will also cover the legal and defense costs associated with resolving or defending a claim.

WHAT IT COVERS

• Broad insuring clause covers any claim for civil liability in the conduct of the business
• Defamation
• Intellectual property infringement
• Loss of documents
• Legal representation at inquiries
• Liability arising from participation in joint ventures and more