Why professional indemnity can become difficult to place

Complex services, large contract values, overseas work, claims or notifications, design responsibility, broad contractual assumptions and emerging service areas can all influence insurer appetite.

What insurers commonly consider

Underwriters may review qualifications, experience, revenue by activity, largest contracts, client types, jurisdictions, subcontractors, standard terms, claims history and risk-management procedures.

Professional indemnity and other covers

Depending on the firm, a broader program may include professional indemnity, public liability, management liability, cyber and other relevant classes.

Contracts and insurance

Insurance requirements in contracts can affect the requested program. We provide insurance information about policy implications; legal interpretation of contractual terms should be obtained from a qualified legal adviser.