Providing a professional service to clients can cover a vast array of roles and it’s not always easy to find mutual ground with those who’ve paid for your services. If they come to question your competence, professional indemnity insurance could prove vital.
Professional Indemnity protects those who offer their specialist skills to clients. This covers a vast array of roles but includes accountants, architects, electricians, engineers, hairdressers, plumbers, and much more.
When you work with other people, there is always risk and mistakes can always happen. Perhaps your negligence causes injury to your client, or your advice leads to serious financial damage. Sometimes, frustrations can come from simple misunderstandings.
When situations arise, the implications for you as the professional can be everlasting.
You could face fines and sanctions, bans from professional or regulatory bodies, and legal fees, not to mention the damage to your reputation.
Our local Yorkshire team will perform an initial review and consider your role at all angles, noting potential risks now and in the future.
Your Professional Indemnity policy can cover;
- Negligent acts and omissions
- Data, document and monetary losses
- Losses to third parties
- Breaches of trust or confidentiality
- Libel and slander
- Legal fees
We use an extensive list of independent insurers to draw up a professional indemnity policy which truly reflects your requirements.