Professional indemnity: why it’s essential for every business

For any business operating within the UK, professional indemnity insurance is something that is good to consider.

Designed to protect enterprises from the costs and damages associated with legal claims, it covers not only negligent acts on your part, but also breaches of confidentiality, accidental defamation, and more.

Many people erroneously consider it to be unnecessary for their venture, and some never expect to do something so wrong that they have to defend themselves in a court of law. This doesn’t mean that it won’t happen to you.

In fact, anyone who performs some level of professional service as part of their employment could be at risk of being sued, and this is an increasingly common phenomenon in our compensation claim society. Thanks to the ‘no win, no fee’ culture that has found its way to the UK, there are many who will claim whenever they can.  You don’t want to be the one shouldering the fallout from this.

It could be a simple issue that you have overlooked with quite unforeseen consequences, maybe you had an ‘off day’ and provided poor advice to a client in your field of expertise. If these then caused your client some form of financial loss, they could very easily claim against you.

Similarly, one of your employees could lose documents or data belonging to a customer, and the outcome could be the same.

In these instances, proper cover can be the difference between the survival and destruction of your company, and that’s why personal indemnity insurance is so important. Its remit is wide, and extends far beyond a negligent act, to issues such as breach of confidentiality, accidental defamation, and even dishonesty on the part of your employees that results in a claim against you.

It’s for these reasons that we believe professional indemnity insurance is something for every enterprise to consider.

If you would like some help to decide whether or not you need it please do not hesitate to contact us.

Contact us on 0207 648 4343, email us on or complete our contact form below:

Your Name (required)

Your telephone

Your email address

Renewal month

Leave a Comment

We’d love you to stay in touch with us in whichever way you prefer