Professional Indemnity

Professional Indemnity Insurance

Professional Indemnity Insurance protects your business, if it is alleged you have provided incorrect advice, services or designs, that has caused your client to incur a financial loss. It provides cover for legal costs, defence expenses, as well as compensation payable to rectify mistakes and errors.

We can offer Professional Indemnity Insurance from as little as £12 per month. We provide industry specific coverage and can tailor the cover to your needs. One of our friendly team can run through the question set in 10 to 30 minutes dependent on complexity. In addition, we can add optional modules to your cover i.e. employers liability, if you require a complete business package.

For this class of business, and all our commercial insurance solutions, we have an instalment facility meaning you can pay over 6 or 10 instalments if required.
We can cater for all your indemnity requirements and can provide cover from £25,000 up to £20,000,000.

Do you really need this cover?

According to AXA three quarters of business owners worry about making mistakes on client projects, and one quarter worry that one of their clients will make a compensation claim against them, related to their professional services.
But despite these statistics more than half of businesses that offer advice fail to buy Professional Indemnity Insurance. Make sure you are in the right half.

If you answer Yes to any of the below - You need Professional Indemnity Insurance?

• Do you provide advice or consultancy?
• Do you provide an expert service?
• Do you handle people’s information?
• Does one of your client insists you have it?
• Does the main contractor require you have it?
• Does your professional body require that you have it?

Typical examples of Professional Indemnity Insurance claims

• IT consultant loses data
• An accountancy firms makes an error on a tax return
• A personal trainer gives poor advise and causes injury
• A marketing agency infringes copyright
• A contractor makes changes to an architects plans and causes delays

If you are not sure if you need this cover, or require any further information, please Contact Us and we are happy to help.

Helpful, polite and professional
After many months of struggling to find the right insurance and speaking to MANY different insurance brokers, I felt that it was right to say a big THANK YOU to Gobind! From my experience, Gobind has stood out as being the most helpful, polite and professional person that I have had the pleasure to work with. Keep up the good work : )
Emma Brewster Business Owner
Professionalism, Responsiveness, Value
The leaseholders in my building recently took on the challenge of becoming freeholders and with the completion date looming, we needed to secure new building insurance. I ventured onto a comparison site and had a million calls from brokers offering their services and quotes etc. Of all, Tony from Edison Ives, was the most diligent, professional and responsive. Tony is very personable and made sure I had absolutely everything I needed (I ask A LOT of questions!) to make an informed decision along with a paper trail for reference and transparency. Based on my experience with Tony, I would definitely recommend Edison Ives and their services.
Tiffany Wint Property Owner
Extremely helpful and at very competitive cost
Very efficient prompt response with personal service.
Excellent follow up with all queries covered.
Extremely helpful and at very competitive cost
I would be happy to use again and recommend
Sue Harrower Landlord