Professional Indemnity Insurance
Professional Indemnity Insurance
AB Phillips crafts and places professional indemnity and related insurances for professional firms to cover the financial consequences of negligence and to meet the cost of defending claims made against the professional adviser. We have access to local markets and maintain facilities directly with London.
Professional indemnity insurance cover is essential for any professional service provider and reduces your risk exposure to claims made against you for:
negligence; claims arising from you or your staff giving incorrect advice or making a mistake in your work
any civil liability; claims arising because of your business activity for a client
infringement of intellectual property rights; claims arising as a result of breach of copyright or trademark
client documents; Claims for client documents that are lost, stolen or damaged in your care, including data
your own losses from dishonesty; claims for losses as a result of dishonest conduct by a director, employee or self-employed freelancer contracted to you and under your supervision.
If you are a Financial Planner or Accountant the relevant button below for specific information regarding PI for your industry>