Professional Indemnity Insurance
Defend your reputation and finances against claims of professional negligence, errors, or omissions with tailored PI cover.
What's Covered
Professional indemnity insurance protects you when a client alleges that your professional advice, services, or designs have caused them a financial loss.
Negligence Claims
Covers legal defence costs and compensation if a client claims your professional advice or service fell below the expected standard of care.
Breach of Duty
Covers allegations that you failed to fulfil your professional obligations or breached a duty of care owed to your client.
Loss of Documents & Data
Meets the cost of replacing or restoring client documents and data that are lost, damaged, or destroyed while in your care.
Defamation
Covers claims of libel or slander arising from statements made in the course of your professional activities or published reports.
Intellectual Property
Defends against claims of unintentional infringement of copyright, trademarks, or other intellectual property rights in your work.
Errors & Omissions
Protects against claims arising from mistakes, oversights, or missing information in your professional work, reports, or designs.
Who Needs Professional Indemnity?
Any business or individual providing professional advice, designs, or specialist services should carry PI cover.
Consultants & Advisers
Management, HR, marketing, and business consultants who provide advice that clients rely upon to make important decisions.
Accountants & Tax Advisers
Financial professionals whose errors can directly impact a client's tax position, financial health, or regulatory standing.
Architects & Engineers
Design professionals where specification errors can lead to costly construction defects, delays, or safety issues on site.
IT Firms & Developers
Software developers, web designers, and IT consultants whose deliverables must meet agreed specifications and performance standards.
Solicitors & Legal
Legal professionals regulated by the SRA with mandatory PI requirements and high exposure to negligence claims.
Surveyors & Valuers
RICS-regulated professionals whose valuations and surveys are relied upon for major property and investment decisions.
Frequently asked questions
Who needs professional indemnity insurance?
Any business or individual providing professional advice, designs, or specialist services should carry PI cover. Certain regulatory bodies — including the FCA, SRA, RICS, and ARB — require their members to hold it. Even where not mandatory, many clients and contracts require it as a condition of engagement.
What is run-off cover and do I need it?
Run-off cover extends your professional indemnity protection after you cease trading or retire. Since PI insurance operates on a 'claims made' basis, you could face a claim years after completing work. Run-off cover, typically maintained for six years, ensures you remain protected against historic claims.
What is a retroactive date and why does it matter?
The retroactive date determines how far back your policy will cover claims. A policy with full retroactive cover will respond to claims arising from work carried out at any point in the past, provided you were not aware of the issue when taking out the policy. Gaps in cover can leave you exposed.
Get the right cover
Speak to one of our expert brokers for a free, no-obligation quote.