Professional indemnity insurance covers the cost of compensating clients for loss or damage resulting from negligent services or advice provided by a business or an individual. This can include the provision of advice or by providing design services for products or systems.
At Financial Affairs we have in depth knowledge and experience in all aspects of Professional Indemnity Insurance, which can be complicated and onerous. Combining our internal expert knowledge and strong relationships with industry experts we can explain and detail your exposures before packaging a product to suit your individual needs.
Having confidence that your business risks are correctly covered and being looked after is paramount to you running a successful business.
You’ll be assigned a dedicated account handler who will facilitate your policy throughout the policy year and future renewals – they will look after everything from policy changes, claims, surveys, risk management and general day-to-day advice. This constant, professional, face-to-face approach means we get to know your business and can protect your exposures whilst ensuring your premiums are relative to the current market conditions through our regular policy reviews.
Should the worst happen, our specialist team will guide you through the entire claims process. You will receive a dedicated claims handler who will look after your claim from reporting to the insurance company and then working with you and the insurance company to progress the claim.
Every claim and circumstance is different. Your dedicated claims handler will keep you updated without you having to contact the insurance company directly, guiding you through any technical problems you may face during the claim and helping you carry on running your business.
Products & Services
- Accountants (ICAEW, ICAI, ICAS, ACCA, CIOT, ATT)
- Creative, marketing and media professionals
- Business consultants
- Architects (ARB)
- Engineers, surveyors and estate agents (RICS, NALS)
- IT professionals