Professional Indemnity
Insurance

Essential protection for professional advisory businesses

Professional Indemnity Insurance (PI) is the single most relevant insurance you and your professional advisory business can arrange. When you give advice and provide professional services to your clients, you will be exposed to claims from them.

Legally, you will be required to exercise whatever degree of skill and care is reasonably expected of a competent practitioner working in your profession.

Commonly claims arise when a client suffers a genuine financial loss because of an error in the advice and services you have provided them with. Spurious claims are increasingly common if a client wishes to avoid payment of your fee by alleging that your advice and services were defective even when they were not.

With the right Professional Indemnity Insurance cover in place your policy will protect you from claims whether they are genuine or spurious in nature.

A policy should pay the amounts that become payable for awards and compensation plus any legal defence costs that are incurred in the defence of a claim.

Certain professional bodies will impose mandatory requirements upon their members in respect of the arrangement of Professional Indemnity insurance. This type of insurance is absolutely vital and an important business safety net that you cannot afford to trade without.

You need to understand how Professional Indemnity Insurance cover works, and what you are getting for your money. We will spend time explaining what is covered by the policy and importantly what is not.

How much does Professional Indemnity Insurance Cost?

The cost of professional indemnity insurance varies from one client to another, the premium will depend on many factors, the main being your gross fee income, the type of work you undertake, project values, the limit of indemnity you require, and your previous claims history.

Professional Indemnity Insurance

How do I obtain a quotation for Professional Indemnity Insurance?

Getting a quotation for Professional Indemnity Insurance could not be easier. Either telephone us on 01837 650030 and we will take the time to discuss your requirements. Alternatively you can complete our quotation request form and one of our team will be back in touch.

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We’re here when you need us.

Why not call us for an informal discussion about your insurance needs.

We can learn more about you and your business and we can advise you on what insurances you need to protect what’s important to you.

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You'll be in great company.

Our clients' businesses are diverse and include trades such as:

  • Auctioneers
  • Chartered Surveyors
  • Project Managers
  • Employers Agents
  • Structural Engineers
  • Civil Engineers
  • Party Wall Surveyors
  • Energy Assessors
  • Estate Agents
  • Lettings Agents
  • Quantity Surveyors
  • Town Planners
  • Architects
  • Land Surveyors
  • Health & Safety Consultants
  • Fire Safety Consultants
  • Contract Administrators

New to PII?

We have helped new start up professional businesses arrange their insurances since 1998. We will fact find to get a clear understanding of your business so we can make a fair presentation of your risk to Insurers before tailoring a policy specific to your needs.

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Since 1998 over 3000 small and medium-sized practices chose us as their insurance broker of choice.

Since 1998 over 3000 small and medium-sized practices chose us as their insurance broker of choice.

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Professional Indemnity Insurance hand-tailored to your precise business requirements

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