Whether you’re a building consultant working with a construction company and would like to ensure that the advice you provide to your clients is protected against claims, or you’re an architect working to produce estimated plans for several different projects – it’s always important to ensure that your work is protected in the event of a mistake or omission of information.
Professional indemnity insurance protects you against legal costs and claims that may arise from an act, omission, or breach of duty in your line of work.
Learn how EWIB can help you
We understand that, while you don’t wish for anything negative to happen to your work, there’s a chance that it may – and while you don’t want to hope for the worst, you certainly can plan for it. Professional indemnity insurance exists to protect you; the hard working professionals.
At East West Insurance Brokers, we work with you to provide the most suitable insurance cover to save you from spending your hard-earned money should you incur legal costs. After all, a claim can come from something as harmless as providing the wrong information or advice, and if your line of work sees you working with a range of clients across various mediums, there’s every chance that you could accidentally slip up.
While the cost of your insurance sits on the credit side of your ledger, having appropriate professional indemnity insurance will be an asset in the event of a potential financial loss, or an exposure out of an error made arising from your business professional services.
While you are providing your clients with creative and innovative ideas with strategic and tactical solutions, we can provide you with a suite of professional indemnity insurance products that will cover your potential financial loss or exposures that may arise out of your or your business professional services.
You’re the expert in putting pen to paper and designing projects that offer solutions that suit your clients. While, we’re the professionals in designing insurance cover that is appropriate for you and your business.
It’s essential for you to make sure you are aware of local rules and regulations when drawing up a plan. Similarly, it’s important that your insurance cover protects you and your business.
As an engineer, you are constantly applying your skill set to provide advice to your clients. Therefore, it’s vital that your professional indemnity insurance is fit for this purpose. Our team at EWIB will ensure you have the most appropriate insurance policy in place.
Management consulting can cut across different industries and provide different services for your clients. With insurance brokers at EWIB who can offer you tailored professional advice means that you have the right professional indemnity insurance cover in place.
Why Is Professional Indemnity Insurance Important?
If a claim is lodged against you for financial damages or any other reason, you don’t want to be facing a claim without professional indemnity insurance. Just imagine what could happen if you’re not insured with applicable insurance, you could be working in fear as a result of misinformed advice you provide to your client and the cost of the possibility of you getting sued by your client or third party can skyrocket.
With professional indemnity insurance, this allows you to run your business with peace of mind knowing that you’re protected against any legal costs that may potentially occur in the event of a claim made against you.
Our brokers are professionals and can guide you through the available options on professional indemnity insurance and can help you find the best solution most suited to your line of work.