Professional indemnity insurance, also known as PI 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.
Our professional indemnity policy will offer cover for compensation you may need to pay to correct a mistake or cover any legal costs due to negligence, such as giving incorrect advice or making a mistake in your work.
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 or services fail to meet a client’s expectations and cause financial loss.
Why choose Hiscox Professional Indemnity Insurance?
We offer a range of industry-specific policies to suit the risks you face in your profession
Choose from several limits of professional indemnity insurance cover, up to £10 million
You can pay for your premium in full or opt for 0% free interest monthly direct debits
No administration fees – make changes to your policy at anytime