Does your client require professional indemnity (PI) insurance?
Where you place cover for clients who work in the following fields, it’s prudent, if not compulsory, to consider offering PI insurance as part of the portfolio:
- Consultants
- Architects & Engineers
- Healthcare Professionals
- Legal Professional
- Accountants & Financial Advisors
- Technology & IT Professionals
- Estate Agents & Surveyors including S&V work
- Contractors
There are many other professions that would benefit from PI insurance and these can be identified where clients provide professional advice, services, or expertise; or are involved in design, commissioning, testing, certification, material selection or innovative new products or services. You should always consider offering PI insurance to protect them from potential liabilities and you as a broker against your own E&O claim.
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