Any person who gives advice, designs, or offers services in a professional capacity and is seen by clients as an expert should have professional indemnity insurance.
Professional indemnity insurance protects you and your company against allegations of professional negligence. It meets the cost of defending claims and any damages payable.
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The more common claims we see are: We tailor the best insurance package to protect your business.
Financial planners failing to explain investment policies properly
Accountants failing to lodge documents for clients on time resulting in financial loss
Law firms giving incorrect advice that leads to financial loss
Architectural designs failing to work and resulting in increased costs to clients
Video: What is Professional Indemnity Insurance
Lianne Stanners, Broker at Rothbury Auckland gives a short explanation of Professional Indemnity Insurance.
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