professional indemnity insurance

What businesses need to cover professional indemnities?

If your business provides advice, a professional service, design or supervision you may need to consider Professional Indemnity Insurance (PII).

  • Protect your reputation
    Claims are not only time-consuming and expensive, they can prevent you from trading. Cover ensures that losses are mitigated and keeps your reputation intact.
  • Proactive mitigation
    Cover assists you before a formal claim is made. As soon as you realise a potential mistake, tell us and we will ensure your policy responds to mitigate the error and cover the cost of defense.

How our dedicated professional indemnity team can help

Whatever your needs, our team of specialists 

understand that every business is different, and work with you to arrange cover for the risks you face. 

Clark Thomson

We joined forces with Clark Thomson in 2018 and became both Scotland and the UK’s leading community broker and client advisory business. Working together we will continue our journey to build and shape an exceptional business for our colleagues, clients and communities.

PII for Solicitors

This insurance is mandatory for law firms. Having cover in place to deal with claims is vital to protect your business and reassure your clients. In a busy legal practice operating in challenging business conditions, time is your most valuable asset. Finding the right insurance protection needn’t be time-consuming or confusing.

Management Liability Insurance

You’ve worked hard to make your business a success. But in today’s world of regulations and legislation, an individual pursuing legal action could put your livelihood at risk. As a company director, you could be held personally liable. We can provide expert guidance to find a solution that best suits your business objectives.

Frequently asked questions

What is professional indemnity insurance?
A Professional Indemnity Insurance (PII) policy is a type of insurance designed to protect professional people against potential claims for injury, damage or loss caused by professional incompetence or negligence. Having this insurance provides financial protection against any claims made against you including legal defence.
Why do you need professional indemnity insurance?

In business you try to prevent mistakes, but occasionally they happen. Professional Indemnity Insurance protects you and your business if your client alleges a financial loss for:

  • a breach of a professional duty of care or unintentional breach of contract;
  • infringement of intellectual property rights;
  • data breaches or misuse of confidential information.
What risks can professional indemnity insurance cover?

We can recommend solutions to cover your business against a wide range of risks such as:

  • Civil liability (such as damages and costs) for breach of duty.
  • Legal costs and expenses in defending a claim.
  • Helplines to help you manage risks.
  • Cyber risks - a growing threat.
  • Relevant regulatory body requirements.