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Whatever profession you are in, whether giving advice or providing a service, Professional Indemnity (PI) is essential. This is because it provides both you and your business with protection against claims for financial loss, personal injury or property damage arising from the performance of professional services.
Whether you are an advertising agency, management consultant or consulting engineer, your business is your livelihood and protecting it is vital.
PI also helps protect your business against any civil liabilities, legal or damage claims resulting from alleged malpractice or professional misconduct.
It can also cover the cost of a public relations’ consultant to protect your reputation in the event of a claim against your business.