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Insurance tips from the team

Professional Indemnity

This insurance is particularly vital for professions such as consultants, architects, accountants, and solicitors, but it’s also increasingly relevant for many other industries.
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Professional Indemnity

In today’s professional world, even the most experienced businesses can face claims of negligence, errors or omissions. These claims can result in significant financial losses and damage to your reputation. Professional Indemnity Insurance is designed to protect professionals and businesses from such risks, offering peace of mind in an unpredictable environment.

At Eggar Forrester Insurance, we provide tailored Professional Indemnity Insurance policies that are customised to meet the specific needs of your profession. Whether you’re a consultant, solicitor, architect, or another industry expert, our policies ensure you have the protection you need against potential claims. With extensive industry knowledge and access to trusted insurers, we work to secure comprehensive cover for your peace of mind.

Do I need Professional Indemnity Insurance?

If you provide professional advice, services, or expertise, Professional Indemnity Insurance is essential. Even with the highest standards of care, mistakes can happen, and clients may perceive a loss or failure, leading to costly claims.

This insurance is particularly vital for professions such as consultants, architects, accountants, and solicitors, but it’s also increasingly relevant for many other industries. Having the right policy in place ensures you’re protected against legal fees, compensation costs, and the potential impact on your business operations and reputation.

Why Eggar Forrester Insurance?

At Eggar Forrester Insurance, we understand the pressures professionals face in delivering expert advice and services. That’s why we work closely with leading insurers to provide Professional Indemnity Insurance policies that offer more than just basic cover.

Our bespoke approach ensures your policy is tailored to the unique risks of your profession, from protecting against negligence claims to covering complex intellectual property disputes. With over a century of experience and a commitment to delivering personalised service, we offer policies that protect not just your finances but also your reputation.

Policies available

 Negligence Claims Cover: Protection against claims of professional negligence, errors, or omissions that lead to financial loss for your clients.

✔ Breach of Contract: Cover for claims arising from perceived or actual breaches of contractual obligations.

✔ Defamation and Libel: Protects against legal action for unintentional slander or libel.

✔ Intellectual Property Disputes: Cover for claims relating to infringement of intellectual property rights.

✔ Legal Defence Costs: Includes the cost of defending against claims, even if they are unfounded.

Frequently Asked Questions

Have a question? We’ve answered some of the most common ones below. If you have more questions, please contact our team.
  • Professional Indemnity Insurance (PI), also known as Professional Liability Insurance, is a specialised form of insurance designed to protect professionals and businesses providing services against financial loss arising from allegations of negligence, errors, omissions, or malpractice in their professional activities. 
  • If you are offering advice, then you need PI. 
  • Coverage for errors and omissions. Protection against legal claims. Financial safeguard for professionals. 
  • The cost of your PI is very much dependent on your circumstances. 
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