Hiscox explains: Professional indemnity insurance

Authored by Hiscox Experts.
2 min read
Read the Hiscox explanation for professional indemnity insurance

Professional Indemnity Insurance. Let’s make this interesting... 

Picture your business a bit like my hedge here. With some skill, craft and a bit of determination, you’re turning it into something you’re proud of. 

But no matter how skilled you are, no matter how well planned it doesn’t always work out. 

Negligence, defamation, breach of confidential data. All it takes is something going wrong and…

But that’s where PI comes in. If your business is accused of making a mistake, small or big, 

Professional indemnity insurance can cover you for compensation of legal fees so you can go back to shaping your business.

And that explains Professional Indemnity insurance.

At Hiscox, we want to help your small business thrive. Our blog has many articles you may find relevant and useful as your business grows. But these articles aren’t professional advice. So, to find out more on a subject we cover here, please seek professional assistance.

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Hiscox Experts

Hiscox insures over 400,000 businesses (based on the number of policies sold in 2022), has a Defaqto five-star rating and is the proud winner of the Feefo Platinum Service award (2020-2023), rated by real customers.