WhyYouNeedThisCover
Professional services are built on expertise, judgement, and trust.
Clients rely on that expertise when making important business, financial, legal, technical, or operational decisions. When things do not go as expected, professionals are often the first to be questioned and this can lead to compensation costs, legal expenses, reputational concerns, and disruption to normal business activities.
Professional Indemnity Insurance helps reduce that financial exposure, allowing professionals to focus on their work while having protection in place when disputes arise.
ProfessionalIndemnityInsuranceissuitablefor:
Consultants
Architects and Engineers
Accountants and Auditors
Lawyers
Insurance Brokers
Consultants
Architects and Engineers
Accountants and Auditors
Lawyers
Insurance Brokers
WhatDoesthePolicyCover?
Professional negligence
Errors and omissions
Breach of professional duty
Financial loss suffered by clients
Claims arising from employee negligence
Legal defence costs
Damages awarded against the insured
Why Businesses Choose NEM Insurance
Over 75 years of insurance expertise
Protection against professional liability claims
Cover for legal defence costs
Flexible policy limits
Support for a wide range of professions
Support for a wide range of professions
Experienced claims handling
Trusted insurance expertise
Over 75 years of insurance expertise
Protection against professional liability claims
Cover for legal defence costs
Flexible policy limits
Support for a wide range of professions
Support for a wide range of professions
Experienced claims handling
Trusted insurance expertise
Frequently asked questions
Professional Indemnity Insurance protects professionals and businesses against claims arising from alleged negligence, errors, omissions, or breaches of professional duty.
Yes. Subject to policy terms and conditions, cover may extend to claims arising from professional errors committed by employees acting within the scope of their duties.
Many organisations require proof of Professional Indemnity cover before awarding contracts because it demonstrates that the professional has financial protection in place should a claim arise.
Yes. Legal defence costs may be covered in accordance with policy terms and conditions.