Protect your business from third-party claims of alleged negligence.
Professional Indemnity Insurance provides cover for your business in the event that legal action is taken against you by a dissatisfied client claiming to have suffered a loss as a result of the advice or service you have given in a professional capacity.
A ‘professional’ is generally regarded as any person who offers specialist advice, design specification or other professional services and can include Designers, Consultants, Advertising Agents, Translators and Private Investigators amongst others, as well as the more traditional professions such as Accountants, Surveyors and Solicitors.
To ensure we provide the right cover our team of business insurance brokers will consider factors such as total business income, limit of indemnity and excess, and the nature of your business, building up a thorough risk profile.
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Professional Indemnity Insurance FAQs
What is Professional Indemnity Insurance?
Professional indemnity insurance covers your liabilities towards third parties as a result of professional advice you have given. This differs from liability insurance, which covers your liabilities towards third parties as a result of your actions.
Is Professional Indemnity Insurance Legally Required?
Whilst it is not legally required for most professions, certain regulated professions, such as solicitors, are required by their regulator to have sufficient insurance in place. Increasingly, having sufficient professional indemnity cover in place is becoming a contractual requirement for those who provide advice to clients.
My Policy Is On A ‘Claims Made’ Basis – What Does This Mean?
The vast majority of insurance policies are underwritten on a claims occurring basis. This means that if a claim was made which originated fi ve years ago, your insurer of fi ve years ago would respond to that claim, even if you have moved insurer or no longer have insurance in place. Professional indemnity is different because it is underwritten on a ‘claims made’ basis.
This means that your current insurer will respond to any claims which are made during the period of insurance, even claims that originated prior to the policy being in effect. This is subject to the policies ‘retroactive date’, which for professional indemnity insurance is generally the earliest date you can evidence having this cover (with any insurer) in place from.
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Clarke Dove Insurance Brokers have been providing expert insurance advice on an impartial basis since 1982.
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Claims
Our experienced in-house claims team are here to help and guide you through the claim process.
See what our clients have to say about their experience with us.
People we've helped:
Mr & Mrs Serpell
If you are looking for a broker who goes the extra mile – look no further. Clarke Dove (Insurance Brokers) Ltd exceeded our expectations and accessed a new business market which meant they were able to match the challenging competition.
Mr Carby
I have used Clarke Dove Insurances for 25 years or so on a business basis and personally. I have found them to be very helpful and professional in their work. I can highly recommend them.
S Richardson
Thank you to the Clarke Dove claims team and RSA. The process of my claim was both easy and efficient. I have received the money into my account this morning. Delighted!
Amanda Foster
I cannot express how pleased I am with Clarke Dove and the level of service that was delivered when our two properties were flooded whilst I was away in Egypt. Thank you to everyone concerned, superb work.
Total Insulations
The new gates and fencing were installed at the business premises on the 8th March and they are great. Your help with our claim was invaluable and I thank you.
Steve - Alfreds Brewery
I have had the first batch back and we have deferred the second until later in January. It is probably best to stand down the insurer I think. If the bottling company were to pull out of the arrangement at this point, I imagine that it wouldn’t be worth a claim for the remaining amount. Thank you for your guidance. Your help was influential in how we successfully made the case to the bottling company.
Mrs V Rowlatt
Thanks Kevin, I have had a call from Katie since my email, what awesome service!
Mr Newman
I have used Clarke Dove’s services for over 20 years across their commercial, domestic property and personal motor divisions. Throughout this time they have remained competitive and offered a friendly, personal yet professional service.
