Professional indemnity insurance
Designed for businesses that provide advice, expertise or professional services to clients and customers.
- Cover for alleged errors & omissions
- 24/7 emergency claims team
- Monthly payment plans
- Fast Certificate of Currency
- Over 35 years supporting Australian businesses
What is professional indemnity insurance?
Professional indemnity insurance protects businesses and consultancies against legal action and financial losses such as legal costs and damages claims resulting from alleged malpractice or professional misconduct, or any failure of duty in providing a professional service. It is also a mandatory requirement for some occupations or industry sectors. If you provide advice, consultancy or a service to clients or customers, professional indemnity is a critical consideration.
What can professional indemnity cover?
Professional misconduct
Breach of professional duty
Copyright and intellectual property disputes
Legal defence costs
Alleged negligence, errors or omissions
Privacy and confidentiality breaches
Consumer and fair trading matters
Settlements and damages (where covered)
*The inclusions depend on the specific insurance cover you select. To learn more, submit an enquiry or contact our team on 13 IMAR or 1300 540 156. Refer to the Product Disclosure Statement and policy documents for full terms and exclusions.
What is the difference between professional indemnity and public liability insurance?
Professional indemnity insurance generally relates to claims arising from the advice, recommendations or professional services you provide. Public liability insurance generally relates to third-party injury or property damage arising from your business activities. Depending on the nature of your business, you may require one or both types of cover.
Industries we cover
Whether you're on the tools, running jobs or managing projects, explore insurance solutions designed for the day-to-day realities of working in the trades.
Every business is different. We build solutions for businesses across a wide range of industries, from beauty and wellness through to retail, professional services and specialist trades.
Frequently Asked Questions
Professional indemnity insurance is not typically a legal requirement. If you provide professional advice to clients for a fee, it is highly recommended that you consider getting professional indemnity insurance to protect your assets and business that might get caught up in a legal case.
If a client takes legal action against you, it can take up a large amount of time in preparing documents and appearing in court whereas if you had professional indemnity insurance, it can help you avoid an expensive legal bill.
Finally professional indemnity insurance covers public relations costs which help restore your reputation.
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