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What is Professional Indemnity (PI)?

Written by Lauren Smith | Aug 15, 2023 12:00:00 AM

Professional Indemnity (PI) is designed to protect businesses and individuals against potential claims caused by professional negligence of advice and services provided in the past. 

It is critical that clients are aware that Professional Indemnity (PI) policies are issued on a claims made and notified basis. Insureds should be looking to maintain policies for continuity of cover, even if they're unable to trade through this difficult time. 

WATCH THE VIDEO HERE  FOR A QUICK REMINDER OF:

 

What is Professional Indemnity (PI)?

Who needs PI Cover?

 

DUAL have 6 Industry Specific PI wordings for the following:

  1. Accountants
  2. Consultants
  3. Designers
  4. Engineers
  5. Finance & Mortgage Brokers
  6. Real Estate Agents
For more information on our Professional Indemnity (PI) policies, please contact your local Underwriter HERE.