professional indemnity insurance
Why do you need professional indemnity insurance?
In business you try to prevent mistakes, but occasionally they happen. Professional Indemnity Insurance (PII) 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, or
- data breaches or misuse of confidential information.
If your business provides advice, a professional service, design or supervision you may need to consider PI Insurance.
- Protect your reputation
A claim is not only time-consuming and expensive; it could prevent you from being able to trade. PII ensures that the loss is mitigated and your reputation is kept intact.
- Proactive mitigation
PII assists you before a formal claim is made. As soon as you realise a potential mistake, tell us and we will ensure your PII policy responds to mitigate the error and pay the costs of defending you.
How our dedicated professional indemnity team can help
Whatever your needs, our team of specialists can help cover you against the risks you and your business face. We understand that every business is different and we can recommend solutions to cover your business against a wide range of risks:
- 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.
CONTACT YOUR NEAREST PROFESSIONAL INDEMNITY INSURANCE EXPERT
We have expert advisers all over the UK. To find help near you and learn more about Jelf in your business community, input your full postcode below.
Professional Indemnity Insurance Explained
A Professional Indemnity (PI) 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...
Solicitors' Professional Indemnity Insurance
Professional indemnity insurance is mandatory for law firms, and 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.
Employers' Liability Insurance
Employers’ Liability Insurance will help you pay compensation if an employee is injured or becomes ill because of the work they do for you. Employees injured because of your negligence can seek compensation even if your business goes into liquidation or receivership. Although many accusations are unjustified, defending against legal actions is costly and time-consuming and it can also damage your reputation.
Cyber Liability Insurance
The reliance your business has on technology has probably grown in recent years. In parallel, the risks faced by businesses relying on technology and data have also increased. We help you to take action, rectify the situation and repair the damage.
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.
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Russell has been polite and courteous in all his dealings with us. He explained everything in a calm and coherent manner and succeeded in securing the cover we needed within the timescale required. I am very impressed by the overall level of service we have received and because of Russell's professional and efficient manner I would have no hesitation in recommending Jelf.