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Professional Indemnity Insurance

Protect yourself & your business if claims are brought against you by a client due to a problem with work you have done for them.
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Professional Indemnity Insurance

 

Professional indemnity insurance, also known as PI insurance, Professional Liability insurance or Indemnity Insurance, can help protect you if claims are brought against you by a client due to a problem with work you have done for them.

A professional indemnity policy will offer cover for compensation you may need to pay to correct a mistake or cover any costs due to negligence (including your own initial defence costs), such as giving incorrect advice or making a mistake in your work.

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Professional Indemnity Insurance

Professional indemnity insurance, also known as PI insurance, Professional Liability insurance or Indemnity Insurance, can help protect you if claims are brought against you by a client due to a problem with work you have done for them.

A professional indemnity policy will offer cover for compensation you may need to pay to correct a mistake or cover any costs due to negligence (including your own initial defence costs), such as giving incorrect advice or making a mistake in your work.

SUBMIT AN ENQUIRY

4 + 1 =

What does Professional Indemnity insurance cover me against?
  • Claims from clients for financial loss
  • Costs of defending third party/client claims
  • Third Party claims for financial loss
  • Compensation awards made to clients/third parties
  • Legal fees (1st & 3rd party), injury awards, resultant business interruption / financial losses
You may need professional indemnity insurance if you;
  • provide advice to your clients
  • handle data belonging to a client or business
  • are responsible for a client’s intellectual property
  • provide a professional service and could be challenged on your work. You may feel confident in the quality of your work, but any small business is vulnerable to a claim of negligence when professional advice, design, certification, specification or services fail to meet a client’s expectations and cause financial loss
Why choose Maher & Richardson Ltd. Professional Indemnity Insurance?
  • We offer a range of industry-specific policies to suit the risks you face in your profession
  • We can advise you in choosing from several limits of professional indemnity insurance cover up to €6.5 million each claim with excess layers of cover available for higher limits
  • We deal only with A-Rated financially secure Insurers
What does Professional Indemnity insurance cover me against?
  • Claims from clients for financial loss
  • Costs of defending third party/client claims
  • Third Party claims for financial loss
  • Compensation awards made to clients/third parties
  • Legal fees (1st & 3rd party), injury awards, resultant business interruption / financial losses
You may need professional indemnity insurance if you;
  • provide advice to your clients
  • handle data belonging to a client or business
  • are responsible for a client’s intellectual property
  • provide a professional service and could be challenged on your work. You may feel confident in the quality of your work, but any small business is vulnerable to a claim of negligence when professional advice, design, certification, specification or services fail to meet a client’s expectations and cause financial loss
Why choose Maher & Richardson Ltd. Professional Indemnity Insurance?
  • We offer a range of industry-specific policies to suit the risks you face in your profession
  • We can advise you in choosing from several limits of professional indemnity insurance cover up to €6.5 million each claim with excess layers of cover available for higher limits
  • We deal only with A-Rated financially secure Insurers

Find out more about our Professional Indemnity Insurance Cover. Talk to us now at Maher & Richardson.