Professional indemnity insurance is designed to safeguard your business in the event that a claim is brought against it by a client or person who believes you have been negligent or provided alleged negligent services or advice.
Even the most established business can make mistakes. Professional indemnity insurance cover will protect you from a wide range of risks - even if you do not believe your actions are negligent, dishonest or fraudulent.
As one of the leading professional indemnity insurance brokers in the UK, we use our knowledge of the market and panel of specialist PI insurers to arrange a policy which is best suited to your risk profile.
PI insurance will cover any business in the event that an unintentional breach of copyright or breaking of a confidentiality agreement has been made. Cover can also be arranged for the loss of documents and data, the loss of money and goods or in cases where unintentional defamation or libel has occurred.
If you ever need to defend a case, having the right level of professional liability insurance in place means you would not need to pay expensive legal fees. PI insurance will also settle any compensation claims when it is proven that someone has suffered financial loss because of negligence.
Accountants, architects, financial advisers, solicitors and surveyors must have PI insurance in place to comply with their professional regulations, but any business which offers advice or a professional service should consider it.
Having represented small and large businesses and acted for clients from all types of professions, we can tailor your PI cover to meet your exact requirements. Full protection against every eventuality.
Established in 1976, Nowell & Richards is a professional indemnity insurance brokers which understands that every business is different. No matter how specialised your needs may be, our expertise will keep you covered.
Secure a competitive and affordable PI insurance quote that’s tailored to your specific sector and requirements, get in touch or call 01785 255514 now!