Professional Indemnity Insurance
Professional Indemnity Insurance is a form of liability insurance. It protects professionals who provide professional advice and services against claims which may be brought against them when they give bad advice or otherwise make a mistake. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. Professional negligence is usually excluded from a public liability insurance policy.
The company writes policies to cover the following professions:
- Architects & Engineers
- Accountants & Lawyers
- Insurance Brokers and Agents
- Real Estate Agents
- Securities Dealers