Professional Indemnity Insurance at a glance
What does it cover?
Professional indemnity insurance provides cover for legal costs and expenses involved in defending a claim, as well as compensation payable if you are found to be responsible for causing financial loss to your client because of negligent advice, services or designs you have provided.
Who needs it?
Certain professions must have professional indemnity in place to conduct their business, and a compulsory condition required by some regulatory bodies. Examples include accountants, architects, IFAs, insurance brokers, solicitors and surveyors. Other professionals must have professional indemnity insurance as part of a contractual obligation, whilst many choose this cover for protection and security should their advice or service delivered fails to meet clients’ expectations.
Defending a claim
Should the unforeseen happen and a claim is made, Marsh Commercial can offer you support via their dedicated in-house claims team that will help guide you through the process step-by-step to find the right resolution.
Access to a broad range of insurers
Marsh Commercial will recommend a product based on your needs, and highlight any significant policy exclusions or limitations.
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Why choose Professional Indemnity Insurance?
Sometimes things can go wrong when you run a business. We’ve partnered with Marsh Commercial to offer Professional Indemnity Insurance that protects you against potential negligence claims. Marsh Commercial protects a wide range of professionals against the day-to-day risks they face, from accountants, architects, actuaries, and consultants to designers, health and well-being specialists, and training professionals.
What else is included?
Marsh Commercial’s services also includes risk management support to help mitigate the day-to-day risks you face working in the professions sector.
Access to a dedicated in-house claims team to help find the right resolution in the unfortunate event of a claim.
Contact Marsh Commercial to see how they can help you and your business.
