What is Professional Indemnity insurance?

In its simplest form, Professional Indemnity insurance is designed to cover legal costs and expenses that might be incurred if you find yourself the subject of litigious action resulting from advice or guidance you have provided in your professional capacity.

You might find that you are facing legal action as the result of a client believing that they been provided with sub-standard advice, designs or services and have, as a result, lost money. Facing a claim of this sort without adequate legal cover could have a significant impact on your business.