Professional Indemnity Insurance Broking Solutions

We understand the investment you have made into your career.  It’s an exceptional achievement underpinned by a great deal of personal sacrifice. It’s important to secure not only your hard-earned assets and equipment, but your reputation too. 

Professional indemnity insurance is designed to protect the likes of architects, engineers, attorneys, estate agents – essentially any professional individual or practice, who takes a fee for providing a service.

Our own experience shows that many professionals, particularly independent consultants, operate without cover, exposing themselves to financial ruin in the event of a mistake that results in a claim. PI insurance is designed not only for traditional professionals who provide advice or a service to their customers, but anyone who holds themselves out to be an expert in a particular field and whose expertise and advice the public might rely on.

Professional Indemnity cover protects you for:

Third Party Legal Liability cover for professionals arising out of alleged errors, omissions or negligence during the course and scope of their business activities.

Should you be accused of any alleged negligence arising from your professional services, this policy is designed to protect you and as such includes legal costs and expenses, which will either defend you, pay damages, or both, subject to the terms and conditions of the policy.

Some of the professions covered include the Financial, Built, Legal environment – but cover is also available to Artisans and any other profession as required.

Professional Indemnity for Legal Professionals This product offers professional indemnity cover for the legal sector, including: Attorneys who hold Fidelity Fund Certificates and require top‑up insurance. Non‑practising legal advisors and legal consultants. The policy provides protection against legal liability arising from alleged errors, omissions, or negligence in the provision of legal and related professional services.

Professional Indemnity for the Built Environment This cover is designed for professionals operating within the built environment, protecting them against legal liability arising from alleged errors, omissions, or negligence in their professional activities. It is suitable for a broad range of disciplines, including (but not limited to): Architects and architectural technologists. Civil, structural, mechanical, and electrical engineers. Project managers and construction managers. Loss adjusters. Land and engineering surveyors. Property valuers and quantity surveyors. Additional built environment professionals can be considered.

Professional Indemnity for Financial Professionals Designed for auditors and accountants, this cover protects you against claims arising from alleged errors, omissions, or negligence in the course of your professional work. It can also extend to: Public liability exposure. Theft of money, including fidelity guarantee. Misappropriation of funds by employees or other parties.

Professional Indemnity for Artisans This cover is designed to protect artisans and skilled tradespeople against claims resulting from alleged errors, omissions, or negligence in their work. It applies to a wide range of trades, including: Carpenters and joiners. Electricians. Plumbers. Beekeepers. Hairdressers and other personal care professionals. DStv and similar installation service providers. Additional artisan trades can also be considered.

 

Legal Risk Management Services (LRMS)* The function of Legal Risk Management Services (LRMS) is to assist organizations manage their liability exposure by ensuring that their insurance policies align with their contractual obligations. LRMS provide a service in which they examine the insurance policies against contractual obligations with the aim to highlight potential liability exposure.

 

*These services should not be construed as legal advice on any matter. You should not act or refrain from acting on the basis of the services provided without seeking professional legal counsel. The services do not constitute or create a lawyer-client relationship between us.

 

 

 

Damage to your professional reputation can be severe, with consequences that may jeopardize your career or practice. Our team of specialists understands these risks. We equip you with the clarity and confidence required to make informed decisions regarding the professional risks that may affect your career and livelihood.