Professional Indemnity Insurance

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Indemnity insurance provides protection for policyholders for negligent advice or services provided to a 3rd party which has resulted in a quantifiable financial loss.

The most common types of professional liability issues arise from:

• negligence and omissions
• unintentional trademark infringements
• loss of data
• breaches of confidentiality

Indemnity or professional indemnity insurance as it is often called should be considered by individuals or companies that provide professional services e.g. accountants, architects, consultants, engineers, financial advisers, medical professionals and surveyors.