What it helps protect
Advice & servicesIt’s mainly for financial loss claims connected to professional work — advice, services, plans, designs, reports, or deliverables.
Professional indemnity insurance helps protect your business if a client claims your advice, service, design or work caused them financial loss. It’s commonly used by consultants, contractors and service-based businesses — and it’s often required by clients or contracts.
Professional indemnity insurance (often called PI insurance) is designed to help protect your business if a client claims your work caused them financial loss. That can include allegations of negligence, errors, omissions, or miscommunication — depending on the policy terms.
It’s mainly for financial loss claims connected to professional work — advice, services, plans, designs, reports, or deliverables.
Consultants, IT contractors, designers, engineers, marketers, accountants, coaches, surveyors — anyone paid for expertise.
Many clients and contracts require minimum PI cover before you can start work — especially for contractors and B2B services.
Policies vary, but professional indemnity insurance commonly helps with legal costs and compensation if you’re accused of causing financial loss through your professional work.
PI is different from:
If clients rely on your expertise, and you’re paid for professional services, PI is worth considering — and it’s often requested in contracts.
If you work B2B and sign contracts, PI is frequently required to start work — especially in IT, engineering and consulting.
Design, marketing, web work, content and strategy can lead to disputes about outcomes, deadlines, or scope.
Financial, technical, compliance or professional guidance carries higher perceived risk — PI is often expected.
We’ll make it simple. First, check what cover fits your situation. Then compare quotes from top providers and get a quote when you’re ready.
These are plain examples to show the type of situation PI is designed for (exact cover depends on your policy).
A client claims your work didn’t meet the agreed scope and seeks costs to “put it right”.
A client says your advice led to a financial loss and wants compensation.
A delayed deliverable triggers contractual penalties or loss of revenue claims.
Quick answers that help visitors (and help SEO).
Tell us a bit about your work and what you need. If appropriate, we may introduce you to regulated partners to provide quotes.
PI is often combined with other covers depending on how you work.
For claims from the public (injury or property damage) connected to your work.
Often needed if you employ staff or use certain labour-only arrangements.
For claims if products you make, supply, or sell cause injury or damage.