Professional Indemnity Insurance

Everybody makes mistakes. However, depending on your profession, one mistake could ruin your business if you don’t have Professional Indemnity Insurance.

What is Professional Indemnity Insurance?

Professional Indemnity (PI) insurance helps to protect professionals from any errors that they may have made whilst providing advice, designs, training, tuition or any other service.

These errors can include things like making a simple accounting mistake, providing negligent advice or constructing a structurally unsound building. With a PI policy, professionals are protected from claims filed by customers following errors. However, this type of policy only provides cover for errors made by active professionals.

The need for PI cover has grown over the past several decades as more people enter professional service-based occupations. While PI insurance still covers ‘traditional’ professionals, such as surveyors, solicitors, accountants and architects, a new market of professionals now need to consider PI cover. Examples include management consultants, recruitment agencies, designers, photographers and fitness instructors.

Whether a traditional or new professional, you can protect yourself, your business and your reputation by investing in Professional Indemnity cover.

PI insurance safeguards against catastrophic losses in the event of a legal action due to a negligent act, error or omission by the professional. In addition to claims of error, omission or negligence, PI insurance may also protect against slander, libel and breach of contract.

Why Choose Professional Indemnity Cover?

  • It is legally required for their profession (Solicitors Act 1974).
  • It is a regulatory requirement. Many professional organisations, such as the Architects Registration Board and the Royal Institute of Chartered Surveyors (RICS), require their members to have PI Insurance before they can practise.
  • It is contractually required by the customer.
  • It provides extra protection against potential legal costs and expenses.

Professional Indemnity questions

It is appropriate cover for anyone who gives advice, makes educated recommendations, designs solutions, or represents the needs of others. Professionals such as accountants, engineers, IT consultants, software developers, planners, estate agents and contractors are prime candidates for carrying Professional Indemnity (PI) Insurance.


As your business grows and develops, your insurance needs will undoubtedly change. FOCUS will work with you to ensure that the exposure and risks faced by your business will be protected, leaving you with complete peace of mind.

If there is anything we can help you with in the world of professional indemnity please do not hesitate to contact us.