2020 Insurance represents a strategic partnership between 2020 and Professional Indemnity Ltd, offering effective Professional Indemnity Insurance solutions to Accountants, Solicitors, Independent Financial Advisers and other UK & Irish based service professionals.
As a service professional you will realise the importance of providing the most accurate information possible when advising clients on issues related to your respective area of expertise. While the intentions of these consultations always aim towards the benefit of the client, there may be occasions when this advice leads to undesired outcomes. In some circumstances, the client may wish to make a claim against the service professional to compensate for their misfortune. PI Insurance exists to protect advisers when faced with such claims, ensuring that they are covered against any legal costs as well as any compensation charges which may need to be paid.
Professional Indemnity Insurance can cover against other potential mistakes, including:
- Any negligent act, error or omission
- Loss of professional documents / data
- Unintentional infringement of intellectual property rights
- Unintentional breaches of confidence, confidential duty or misuse of information
- Unintentional libel, slander, defamation
Ensure you speak to an expert to ensure all your requirements are covered. Some professions require PI Insurance by law, particularly those in the legal, financial and medical industries. However, anyone who provides knowledge and advice as part of their business should consider taking out cover to protect against liability for a client's misfortune.
Why Choose 2020 Insurance?
By partnering with Professional Indemnity Ltd, 2020 Insurance have extensive knowledge of the market and have strong relationships with many professional firms. With over 25 years of experience you can be sure that your insurance will be handled with the highest levels of professionalism and expertise
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See how we can help you with your Professional Indemnity Insurance cover
