Why Choose PIA?
Professional Indemnity Insurance (PI or PII) covers businesses, sole traders, freelancers, partnerships and organisations who wish to have protection against claims being made in connection with services they provide to their clients.
A Professional Indemnity Insurance policy will cover and react to many claims such as libel, slander, errors, omissions, neglect, malicious falsehood, copyright, breach of confidentiality, negligent statements or actions and many more.
There was a time when PI cover was only purchased by the traditional professions. These included architects, accountants, independent financial advisers, brokers, solicitors, surveyors and engineers. PI Insurance is now a compulsory requirements for many businesses.
Today more and more businesses need or are required to hold professional indemnity insurance, indeed many organisations employing experts, contractors or freelancers will insist that a policy is in place before awarding contracts or allowing membership to any representing bodies.
Professional indemnity policies can expand to cover the needs of an individual, profession or business. In some cases individual contracts can be considered for cover.
It will cover the legal cost to defend an allegation against the business and then should they unfortunately be found neglectful in their duties a Professional Indemnity policy will also cover any damages awarded up to the level of indemnity chosen.
This will give any professional business, old or new protection against possible claims.
Click here to get a Professional Indemnity Insurance quote or choose one of the options on the left.
If you have any questions our expert brokers are available Monday-Friday 9.00am-5.00pm (UK time) to help. Call us on +44 (0) 1323 648000 or from the Republic of Ireland call 0818 333 742.
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Registered Office: Lion Works, Sidley Road, Eastbourne, East Sussex, BN22 7HB, UK. Tel: +44 (0)1323 648000 Fax: + 44 (0)1323 648001
Professional Insurance Agents Ltd (also t/a Business Insurance 247) is authorised and regulated by the Financial Conduct Authority details of such authorisation can be checked on the FCA’s register at www.fca.org.uk under reference number 305328. Registered in England Company Number 3012122. Licensed Credit Broker No 390031.
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