Professional Indemnity
Professional Indemnity protects you from claims from third parties that suffer a financial loss due to their reliance on your advice (or lack thereof). For Health care professionals, it’s more commonly referred to as Malpractice insurance.
Whatever you call it, it can be complicated!
This complexity means that rather than trying to really understand their cover, too many businesses treat their PI insurance as just another bill. Our aim is to work with you to help you understand your cover so that you can make the important executive decisions about how it will respond, if that time ever comes.
It’s hard to relax when not just your business but your reputation is exposed to a claim of negligence.
We approach your cover seriously & whilst the premium is important we’ll look a little deeper at some of the other aspects of the cover that may not be as obvious but can impact heavily on how your policy responds to a claim.
5 Point Analysis
Premium
Policy wording
Insurance Schedule
Imposed and or omitted terms
Our recommendations
Understanding the effect of a claims made policy