Professional Indemnity

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Professional Indemnity Insurance

Professional indemnity insurance, also known as PI insurance, Professional Liability insurance or Indemnity Insurance, can help protect you if claims are brought against you by a client due to a problem with work you have done for them.


A professional indemnity policy will offer cover for compensation you may need to pay to correct a mistake or cover any costs due to negligence (including your own initial defence costs), such as giving incorrect advice or making a mistake in your work.


What does Professional Indemnity insurance cover me against?

  • Claims from clients for financial loss
  • Costs of defending third party/client claims
  • Third Party claims for financial loss
  • Compensation awards made to clients/third parties

  • Legal fees (1st & 3rd party), injury awards, resultant business interruption / financial losses


You may need professional indemnity insurance if you;
  • provide advice to your clients
  • handle data belonging to a client or business
  • are responsible for a client’s intellectual property
  • provide a professional service and could be challenged on your work. You may feel confident in the quality of your work, but any small business is vulnerable to a claim of negligence when professional advice, design, certification, specification or services fail to meet a client’s expectations and cause financial loss


Why choose S.A. Faughnan (Brokers) Ltd. Professional Indemnity Insurance?
  • We offer a range of industry-specific policies to suit the risks you face in your profession
  • We can advise you in choosing from several limits of professional indemnity insurance cover up to €6.5 million each claim with excess layers of cover available for higher limits
  • We deal only with A-Rated financially secure Insurers


What other insurance cover do I need to consider to adequately protect my business?

  • Public Liability
  • Products Liability
  • Cyber Liability
  • Personal Accident
  • Engineering / Inspection
  • Employers’ Liability
  • Office Insurance
  • Directors & Officers Liability
  • Motor Fleet Insurance
  • Corporate Travel cover


If you are unsure of your insurance needs with regard to your Professional Liabilities then please call us on 01 8245555 or submit an enquiry via our simple form.


What Our Clients Are Saying

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    David Faughnan CIP, Director

    You can contact via phone below or click on photo to email directly 01 8245555


    Elisa McKenzie CIP QFA

    You can contact via phone below or click on photo to email directly 01 8245555


    Louise Redmond

    You can contact via phone below or click on photo to email directly

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