Global Risk and Insurance Brokers

Understanding the Need for Professional Indemnity

Professional indemnity insurance, also known as errors and omissions insurance, plays a vital role in today's business landscape. It's all about safeguarding your professional reputation and financial well-being. This coverage is essential for professionals like consultants, lawyers, architects, and others, as it protects you in case of client disputes, legal actions, or claims of professional negligence. It's your shield against the unexpected, ensuring that your business remains resilient and your reputation untarnished.

Some of the professions and occupations that are commonly covered by professional indemnity insurance include:

  • Legal Services
  • Medical and Healthcare
  • Financial Services
  • Architects and Engineers
  • Consulting Services
  • Real Estate
  • Creative and Media
  • Training professionals
  • Construction
  • Information Technology
  • Educators and Trainers
  • Environmental Services
  • Insurance Brokers and Agents
  • Event Planning
  • Nonprofit and Charitable Organizations
  • Other Professional Services