Professional Indemnity Insurance
Why use professionalindemmity.org for you professional indemnity insurance?
You can find the right professional indemnity insurance policy for your business using our simple and quick online insurance quote and buy system. We provide professional indemnity quotes from leading insurance companies which you can compare online, this allows you to select the insurance cover that is right for you and can be on cover within minutes.
As well as professional indemnity insurance professionalindemnity.org are able to provide quotations for public liability insurance, employers liability insurance, directors and officers insurance as well as other business covers.
Professional Indemnity is now a must for any serious business offering a professional service. We arrange professional indemnity insurance for traditional professions such as architects, engineers, business consultants, estate agents, solicitors, translators, pr consultants, environmental consultants, charities and miscellaneous classes together with those newer businesses or professions that will need to consider professional indemnity insurance policies to protect themselves, such as telecommunications, internet businesses and new media companies.
Without professional indemnity insurance, companies run the risk of being exposed to many liabilities such as:
- Libel & Slander
- Downloading of viruses to third parties
- Malicious falsehood
- False attribution of authorship
- Passing off copyright or trademarks
- Intellectual property rights
- Breach of Confidentiality
- Breach of normal rights
- Negligent statements
The list goes on!!!!
Why Professional Indemnity Insurance in the UK, Ireland or Worldwide is needed
Especially vulnerable are the new internet companies, many of which only recently been formed. They also have (in our opinion) not only a professional indemnity insurance risk, UK, Ireland and worldwide, but their directors and officers can also be exposed to personal claims without the appropriate insurance protection, particularly if there is venture capital funding or shareholders to consider.
You may see very little risk in providing your particular internet service and feel that your procedures are perfectly adequate, however suppose an allegation is placed against your company (maybe unfounded) - the costs to defend this are going to be high. Professional indemnity insurance cover is going to protect your company against such a claim, and in the worst case scenario pay for the damages to the third party if you lose!!!
Professional Indemnity (PI) is being asked for more frequently by organisations and clients. This does not need to be a negative concept for a professional company offering its services, the purpose of the Professional Indemnity Insurance policy is to protect the company or professional giving services, design or advice to its clients.
It will cover the legal cost to defend an allegation against the business and then should they unfortunately be found neglectful in their duties a Professional Indemnity policy will also cover any damages awarded up to the level of indemnity chosen.
This will give any professional business, old or new protection against possible claims.
What cover does a professional indemnity policy provide?
Professional indemnity insurance works in a number of ways. It will cover you if you make a mistake in the professional services you have provided should this lead to a dispute with a client. If the dispute becomes complicated, your insurer can defend your claim - right through to the High Court, if necessary. Even if you lose, the policy will still cover you for any damages you then become liable for, subject to the level of cover for which your business is insured.
Professional indemnity insurance will also cover the cost of fixing any mistake on your part, which will potentially help you avoid a larger claim. You are also protected by your professional indemnity insurance policy if you lose or damage any clients' documents or if one of your employees is involved in the theft of a client's money.
Professional Indemnity News
We have arranged contact with various brokers around the world to offer PI.
Gibraltar, we have recently launched a new website offering online Quote & Buy facilities. PI Gibraltar
Malta, Professional Insurance Agents Ltd has just launched its website in Malta offering PI and Directors & Officers Insurance. Professional Indemnity Malta
The company has launched a dedicated website for PI & Directors & Officers Insurance in Guernsey offering Public Liability & PI Insurance Professional Indemnity Guernsey
We have launched a new website in the Isle of Man for Directors & Officers Insurance, PI & Public Liability PI Isle of Man
We have just set up a new multi-quote & buy facility on the island of Jersey for PI Insurance which will offer very competitive rates Professional Indemnity Jersey
New websites to be launched in Eastern Europe, Netherlands, Spain, Germany & Italy for PI, Directors & Officers and other financial links products and office to follow click here



