Professional Indemnity Insurance (PI Insurance) provides cover for those within certain professions in the event of a claim made by a client due to any negligent services or advice provided by the individual or their business.
You should consider PI Insurance if you provide your skills, advice and knowledge as part of your profession whether you are employed or self-employed.
Some professions are required by their regulators or professional bodies to have insurance in place in order to practise, these include:
Whilst not compulsory there are other professions where Professional Indemnity should be considered and these include:
Supreme Court Judgement in FCA’s business interruption insurance test case
The Supreme Court delivered its Judgement on the 15th January 2021, and has predominantly allowed the FCA’s appeal in favour of policyholders whose policy wordings formed the subject of the Test Case. Whilst some clarity has now been provided by the Judgement, it is extremely important to stress that this
Driving your vehicle in the EU in the event of no-deal Brexit.
In the event of a no-deal Brexit, those of you who intend to drive your vehicle in the EU will need to make sure you have a Green Card issued by your insurance provider. If you currently hold your car insurance with us and you think you may require a
Inside this issue of our Newsletter: Make Cyber Insurance a priority/ Trade Credit: The lifeline Brexit-Era businesses require/ Businesses urged not to be allergic to Public Liability Insurance purchase/ With great power comes great D&O responsibility/ Avoid being one of the 43% of businesses with inadequate business interruption cover. Please