Willis Towers Watson
Overview
Professional indemnity

What is it?
Nobody wants to make a mistake in their work and although most professionals strive to provide the best service possible, people can make mistakes. Professional Indemnity Insurance (PII) helps protect professionals from bearing the full cost of defending against a negligence claim made by a client. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are potential causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm.
Who should consider buying this insurance?
PII is designed for those who provide any kind of service that gives advice or consultation to customers. It also applies to any business that handles confidential documents or data, those where there governing body demands PII or sometimes companies working with government contracts.

No matter how large or small a business, without PII cover your financial position could be left vulnerable if a claim is brought against you.
How do we add value?
The coverage offered by insurers can vary significantly. Where necessary we can develop bespoke policy wordings and extensions to ensure that our clients enjoy robust protection which is tailored entirely to suit their needs, maximising the value provided when a claim is made.

As a leading broker in this highly specialised field, we bring together the global resources of Willis Towers Watson with our extensive experience of advising a range of professionals to deliver insurance solutions at the most competitive price.

We have a number of core initiatives which provide tangible value to our clients' risk management process including:
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