Professional Indemnity Insurance

An individual approach to protecting your practice’s financial security.

Professional Indemnity Insurance

In service-based businesses, your reputation means everything, yet the work of professionals is consistently scrutinised. It can take years to build a strong professional standing, but an accusation of negligence, professional misconduct, or a breach of your duty of care can destroy it in weeks, or even days. Investigation and defence costs can be crippling, and many professionals could not afford the specialist legal assistance required for a fair trial. That’s where we can help.

AIG offers insurance solutions for a wide range of professions where your clients depend on your expert guidance. Our policies ensure peace of mind for you, your employees and your business, covering the costs associated with the specialist assistance required to defend allegations against you or your organisation. 

Product Highlights

Our policies provide broad protection, tailored to individual professions. Cover includes:

  • Wrongful act, error or omission
  • Misleading or deceptive conduct
  • Unintentional infringement of intellectual property rights
  • Defamation
  • Fraud and dishonesty
  • Defence costs
  • Court attendance costs
  • Lost documents

Our policies cover claims made while the policy is in force, including where an allegation relates to an event that occurred prior to the policy start date.

Our policies are also covered by our Costs and Expenses solution, which allows for funds to be advanced to cover defence costs in the event of a Section 9 charge. Click here for more information.

AIG offers tailored professional indemnity solutions for a wide range of professions, from sole traders to large multidisciplinary firms including:

  • Accountants
  • Architects
  • Engineers
  • IT consultants
  • Management consultants
  • Multimedia
  • Recruitment/personnel consultants
  • Solicitors
  • Travel Agents
  • Design and Construction professionals

We have the experience and expertise to match a solution to other professional risks.

For any enquiries about purchasing, renewing or making a claim on an AIG business policy, please contact your insurance broker or find a broker here.