International professional indemnity insurance

What is professional indemnity insurance? Can professional indemnity insurance go wrong? Is professional indemnity a necessity? It protects you and your business should anyone claim that your professional advice has proved negligent, sub-standard or caused harm or damage in some way.

We provide a wide range of industry specific , professional indemnity products on a regional or worldwide basis. We are also able to provide bespoke solutions for multi-line products and niche industry sectors, which can be taken out as primary or excess cover up to £million.

Our policy wordings have been carefully drafted to meet the specific needs of different professions, and our flexible and innovative approach ensures that we can provide coverage for unusual risks. Claims will arise when it is alleged that you have been negligent in the course of providing a service. It is not necessary for you to receive a fee in respect of the provision of that service for an allegation to arise. With professional indemnity insurance at its core, Beazley has developed a package of protection tailored for the specific needs of small businesses.

Professional Indemnity. Delivered to you on the award winning myBeazley e-trading system. If you are alleged to have provided inadequate advice , services or designs to a client , professional indemnity insurance provides cover for the legal costs and expenses in defending the claim , as well as compensation payable to your client to rectify the mistake. Our professional indemnity underwriters understand the individual risks businesses face.

Trust the experts and protect what matters.

Get a quick quote online today. Unless you have made it clear that you require international professional indemnity insurance with wider cover, it’s likely your PI will only cover you for working in the EU. This largely depends on what you do and who you’re insured with. Working In The USA The jurisdiction of many ‘worldwide’ policies exclude USA and Canada as standard.

The world’s leading professional indemnity insurer for transport professionals The role you perform is often complex, always critical and invariably subject to a high degree of exposure and responsibility if things go wrong. So, you need to make sure your professional indemnity insurance is right. Doing international business is no longer a big deal. But it can have an impact on your professional indemnity (PI) insurance. Or, more accurately, your professional indemnity insurance can have an impact on how you do international business.

Our respected network of offices in the UK and European regional markets provide essential local underwriting knowledge to companies of various sizes on both a primary and excess layer basis. Defamation and libel. Examples include providing incorrect advice, sub-standard services or incorrect designs. Markel International Insurance Company Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

ITIC provides professional indemnity insurance at cost. ITIC is the mutual insurer for the transport industry with no external shareholders or underwriters to take a profit from the business. Find out more reasons to choose ITIC. Over a relatively short period of time our experienced underwriters have established IGI as a leading market both in London and Dubai.

PI insurance can help to put mistakes right and cover any legal costs if a client alleges you have provided inadequate service or advice.

Many professional bodies require their members to hold professional indemnity insurance and large industries and companies will more often than not, insist that you have adequate PI cover before you are. The coverage focuses on alleged failure to perform on the part of, financial loss caused. It is particularly prevalent and important for professionals who provide advice for a living. It is designed to help protect professionals and companies in the event of a claim being made against them. It can cover legal fees and compensation payments, with the compensation often taking into account the financial loss that the client has suffered.

AIG’s professional liability insurance helps protect your company’s financial well-being. If a third party receives any harm or damage to life or property due to negligent professional practices, professional indemnity insurance covers the risks caused to professionals. It is Australian law that all healthcare practitioners have indemnity insurance cover.

MIPS provides medical indemnity insurance for doctors, dentists and nuclear medicine technologists as part of membership. Visit DoctorConnect for more information about the steps required for you to work as a practitioner in Australia. What does professional indemnity insurance cover?

You can work with The Hartford to customize consultant liability insurance to help cover errors, omissions and negligence in your services provided.