Professional Indemnity Insurance (PI Insurance) /
Errors and Omissions Insurance
What you need to know
What is Professional Indemnity Insurance / Errors and Omissions Insurance?
Professional indemnity insurance, often called errors and omissions insurance or PI Insurance for short, extends your general liability cover to incorporate protection for financial damages as a result of professional negligence.
Who needs Professional Indemnity Insurance / Errors and Omissions Insurance?
Professional indemnity cover is important for any company that offers advice or provides services in a professional capacity. Lawyers, accountants, brokers and financial advisers are required by law to carry Professional Indemnity Insurance / Errors and Omissions Insurance. Conventional professions such as architects, engineers, computer consultants and certain other occupations also need this cover for protection against claims for loss or damage by a client or a third party caused by their services.
The Winley Insurance Group solution
Every company makes a mistake at some point. And there is an increasing trend of discontented clients suing when things go wrong. Unfortunately, the financial consequences can be devastating.
At Winley Insurance Group, we help you secure quality errors and omissions cover at affordable rates. Professional indemnity insurance protects against claims arising from:
- Any negligent act, error or omission
- Unintentional infringement of intellectual property rights
- Loss of documents or data entrusted to the insured
- Unintentional libel, slander or defamation
- Unintentional breach of confidence or misuse of confidential information
Contact us for additional information or a quote
If you’re looking for Professional Indemnity Insurance / Errors and Omissions Insurance or you just want to learn more, Winley Insurance Group can help! Contact us at 1300 732 205 or begin our Professional Indemnity Insurance / Errors and Omissions Insurance quote process now. Winley Insurance Brokers service all of Australia.
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