Professional Indemnity

Overview

Key description

Professions whose income is generated from charging a fee for their services or construction companies requiring cover because they undertake Design & Build contracts.

Typical clients

Corporate

  • Company turnover greater than £100m
  • Have a fee income in excess of £10m
  • Spend £250k in the aggregate on insurance premiums per annum
  • Have an evidenced risk management approach
  • Be part of or is potentially part of a multi-line Global Corporate & Specialty relationship

Self service on line product available through our award winning FastTrade platform.

  • Company turnover up to £25m
  • Fee income up to £2.5m
  • UK based and undertake all work in the UK
  • Selected non-regulated trades with no involvement in high risk work or high risk projects
  • Claims free

Mid Market

  • Company turnover >£25m and up to £100m
  • Fee income >£2.5m and up to £10m
  • Aggregate premium spend excluding Motor and PI = £25,000 or more

Selling points

  • We offer a range of wordings tailored to main professional segments and providing cover on a broad basis.
  • Access to professional indemnity underwriters who understand the risks businesses face.
  • Dedicated Claims Managers for Corporate clients

Service channels

By phone or e-mail with your local branch.

Quote and buy through Fast Trade

Client documents available through e-Docs

Cross-sell products

  • Office
  • Management Liability
  • Commercial Crime
  • Group Personal Accident, Sickness and Business Travel
  • Motor Fleet
  • Health
  • Construction – where there is a need for Design & Build professional indemnity cover

For more information about Target Market statements please visitprofessional indemnity.

Documents

Key documents

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All current documents

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Claims

New claims

Fast and simple notification of new professional indemnity claims or any circumstances which might give rise to a claim can be made, during office hours, to our Claims team in London.

Reported claims

  • Claims experts
    • Dedicated Claims Managers for Corporate clients
    • A panel of the UK’s leading solicitors firms and Counsel who specialise in dealing with professional indemnity claims
    • Access to technical specialists, expert witnesses and forensic investigators.
  • We proactively manage claims to minimise its impact on your client’s business.
  • Claims solutions for all your clients - from sole traders to large organisations.
Claims contacts and services

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