Professional Indemnity Insurance
Professionals owe a duty of care to their clients. Professional Indemnity Insurance protects you against the costs of legal action and claims arising from an alleged loss based on a professional error by yourself or your staff.
Our professional indemnity insurance covers you if you provide any professional service involving specialist knowledge or expertise, including advice, design, consultancy, opinion and analysis. Our coverage protects against civil liability including professional negligence, breach of contract, misrepresentations, Breach of the Fair Trading Act, defamation, unintentional breach of intellectual property rights and dishonesty of directors and employees. We will also cover complaints against you by a professional body. To ensure that you are able to defend yourself, our policies includes a separate limit for defence costs.
Coverage Benefits
Significant expertise means that we can provide tailored solutions
- Broad civil liability policy
- “Any one claim” limit
- Excess exclusive of defence costs
- Defence costs are provided in addition to the policy limit
Territory
NZ and Pacific Islands domiciled risks
Worldwide Jurisdiction can be provided
Target Segments
Architects, Engineers and Construction risks
IT, Telecoms and Media companies
Insurance Brokers and Agents
Management Consultants
Surveyors
Accountants
Solicitors and Barristers (excess of $10m only)
Educational institutions
Travel agents
Recruitment firms
Many other miscellaneous risks
Capacity
Up to $30m, any one claim
Primary & Excess
Want to know about Professional Indemnity Insurance?
We’d love to hear from you. Get in touch with us to learn more.
