Professional Indemnity

Overview
Our insurers' Professional Indemnity products protect a wide range of professionals from financial loss as a result of a claim made against them for an alleged breach of their professional duty. They cover both a policyholder’s defence costs, as well as providing indemnity for the claim itself.

Key Features
Typical cover:

  • an indemnity limit written on any one claim basis
  • costs incurred to restore or reinstate lost or damaged documents under the insured’s control
  • court attendance costs if called as a witness when defending a claim.

Professions covered include:

  • design and build contractors
  • architects and consulting engineers
  • surveyors and estate agents
  • accountants
  • IT consultants
  • a range of other miscellaneous professions.

Our insurers also have a number of bespoke products for:

  • accountants – both qualified and unqualified accountants – as well as bookkeepers and personal tax advisers
  • architects and consulting engineers, including acoustics engineers, architectural technicians, town planners, interior designers and landscape architects
  • design and construction contractors who take on the design and specification element of a contract or undertake design and build contracts
  • motor traders – a professional indemnity solution for our motor trade policyholders that provides cover as stipulated by the FSA
  • solicitors based in England and Wales with between four and 25 partners
  • surveyors and estate agents – we cover most property-related consultancy risks, such as letting agents, property managers and auctioneers
  • search agents and HIP Providers (see below)
  • other professions – the list is wide and diverse so give us a call and we’ll talk you through the options.
 
Search Agents and HIP Providers
As we're in the unique position of being involved in our own HIP company, we fully understand the needs of the industry and have a tailor-made product which is fully HIP compliant.

Key Features
  • Special scheme with special scheme rates
  • Interest free direct debit option
  • Underwritten under a specific property professionals wording to give specific and widest cover
  • No proposal required, only statement of fact
  • Fully compliant for PCCB
  • Will cover new business start-ups

    • Please note that all product and scheme information featured in this site is provided as an indicative guide to general cover only and can change at short notice. For full details of cover and exclusions, please contact us.