Professional indemnity insurance
This is a child page of the Commercial clients page.

Professional indemnity insurance

About Professional indemnity insurance

Nobody expects to make mistakes, but professional indemnity cover is on hand to safeguard your business if a client alleges there are faults in your work.

PI insurance helps in several situations that might bring financial loss or reputational damage for your client.

What does professional indemnity insurance cover?

  • Professional negligence or a breach of a duty of care – this might occur when poor conduct or advice results in negative consequences for a client
  • Negligent misstatement or misrepresentation – this is where a client or other party claims you made a false or misleading statement about their business
  • Defamation – a client may claim a statement you’ve made to be untrue and damaging to their reputation and make a claim against you
  • Breach of confidence – whether intentional, accidental, this is when private information is disclosed without consent as a result of a business activity
  • Breach of copyright – when you unintentionally use someone else’s intellectual property rights in work you do for a client
  • Lost or damaged documents – a policy can cover the cost of recovering documents 

Who is it for?

— Audio visual 

— Building Contractors (Ideally no design / Contingent) 

— Building Services (HVAC) 

— Internal Fit Out Contractors 

— Interior Design 

— Landscaping 

— Carpentry 

— Specialist furniture designers 

— Mechanical / Electrical Contractors 

— Telecoms 

— Installation only risks 

— Electrical 

— Mechanical 

— Building services (HVAC) 

— Pharmaceutical / Validation engineers 

— Feasibility Studies 

— Accountants (under 500k in fees) 

— Estate Agents (No Valuation) 

— Miscellaneous Professions (Weird & Wonderful considered) 

— Recruitment Consultants 

— Management Consultants 

— Green Consultants 

— Regulatory/Compliance Consultants 

— Property & Facility Managers 

— Coaching/Training/Education 

— Government/Semi state bodies

Get a quote for your client

Hiscox Trader provides you with a quick and easy way to get your client an online quote for Hiscox Commercial Insurance products. Login in opposite or find out more here

Speak to your local Hiscox underwriter if you need any help using Hiscox Trader.