Professional Indemnity Insurance

At get indemnity™ we're a specialist PI insurance broker with access to the wholesale market

Get indemnity™ professional indemnity

Benchmark your cover with a specialist professional indemnity insurance broker.
Obtain PI insurance quotations for UK companies with a turnover up to £100m.
Stating at £332 annually or £26.83 monthly for a limit of £1 million professional indemnity insurance.
Complete our online application or give us a call to get professional indemnity insurance quotes.

What is professional indemnity insurance?

Professional indemnity insurance, also known as professional liability insurance, protects against the failure to exercise reasonable skill and care in the provision of professional or advisory services.

As a specialist in your subject matter, clients rely upon your skill, knowledge and due diligence to deliver on the services agreed. Professional indemnity insurance provides financial protection in the course of offering a professional service.  

The business insurance will pay legal costs incurred in defending allegations and pay damages from any award or settlement. We've produced a useful guide called: Who needs professional indemnity insurance? Explained 1O1

    Get indemnity™ UK professional indemnity

    Our get indemnity™ team have access to the wholesale professional indemnity insurance market to identify competitive quotes for any professional in the UK. If you want to talk with an insurance broker, please give us a call on 0345 625 0711.

    At get indemnity™ professional indemnity insurance quotes start from £322 annually or £26.83 monthly for a £1 million limit. Below we provide some background about the product and explain how professional indemnity can offer financial protection.

    To compare professional indemnity quotes from the wholesale market and benchmark whether you purchase the most appropriate protection please arrange a call back or complete our digital onboarding process.

    Who needs professional indemnity insurance?

    Many professions are required to purchase professional indemnity as a regulatory requirement or to meet contractual conditions.

    However, professional indemnity insurance should be considered for any organisation where advice, professional, or technical services are offered to a client. If you're unsure, contact us and we'll happily discuss your individual requirements.

    At get indemnity we're a specialist professional indemnity insurance broker and have the capacity to identify a range of solutions from the wholesale market.


    Compare UK professional indemnity insurance quotes from £332 annually

    How much does professional indemnity insurance cost?

    Professional indemnity insurance cost will vary from to insurer to insurer, so working with a specialist PI broker to access the wholesale market will save you money.

    At get indemnity™ professional indemnity quotes start at £332 per year or £26.83 monthly for a £1 million limit. With a number of factors potentially impacting the availability and pricing we've produced a guide: How much does professional indemnity insurance cost?

    Complete our digital on-boarding process and we can collate information that allows us to negotiate competitive insurance quotes.

    How do professional indemnity insurance policies work?

    Professional indemnity insurance contracts are complicated, so it’s best to use a specialist PI insurance broker to navigate the potential pitfalls.

    The mechanics of a professional indemnity policy can differ, so it’s important to appreciate the difference and whether you're required to purchase a specific type. We’ve produced a useful guide: How does a professional indemnity insurance policy work?

    Watch out for whether the PI quotes you receive are for a ‘negligence’ or ‘civil liability’ cover, or whether the limits operate on an ‘aggregate’ or ‘each and every claim’ basis.

    Professional indemnity insurance definition:

    Professional indemnity insurance offers protection for defence costs and any damages awarded or settlement agreed. Cover can offer protection (subject to the professional indemnity insurance definitions, insuring clauses and exclusions) against:



    Negligence means any act, error or omission which does not meet an accepted reasonable standard, if you owe a duty of care to the claimant.


    Civil Liability

    Civil liability means an act, error or omission under a civil proceeding which you are held to be responsible that leads to the claimant suffering a financial loss.


    Breach of Contract

    Breach of contract means any unintentional breach of contract with whom you have contracted to provide professional service for a fee.



    Defamation means libel, slander, product disparagement, which harms the reputation of a person or organisation, including mental anguish or emotional distress.


    Breach of Privacy

    Breach of privacy means the violation of the rights of privacy of an individual, including the public disclosure of private facts.


    Intellectual Property Infringement

    Intellectual property infringement means unintentional IP infringement, including but not limited to infringement of copyright and plagiarism. 


    Some policies may include Employee Dishonesty and Loss of Documents under an extension. Note professional indemnity insurance definitions and coverage vary from policy to policy, therefore it's worth considering whether the specific cover meets your needs.

    Get indemnity™ professional indemnity insurance guides:


    Accountants Insurance

    Architects Insurance

    Consultants Insurance

    Construction Insurance 

    Designers Insurance

    Engineers Insurance

    IFA Insurance

    Solicitors Insurance

    Surveyors Insurance


    How much professional indemnity insurance cover should we buy?

    The size of contracts you undertake offer an indication of how much professional indemnity insurance you should buy because an unsatisfied customer may seek to claim the contract value.

    However, while you may attempt to limit your liability within any terms and conditions to the size of a contract or multiple of that contract, a court of law may take a different view and award damages over and above.

    It is also worth considering that legal defense costs are on average over half the total cost of the majority of professional indemnity insurance claims.

    Minimum amount of professional indemnity insurance

    The minimum amount of professional indemnity insurance you can buy is £100,000, however you should consider the additional cost of buying an increased limit. The most common amount bought by small businesses is £1 million.

    In addition, to any required contractual or regulatory requirements, the amount of PI cover you purchase will depend on your perception of the exposure and how much you are prepared to spend to mitigate the risk.

    Please note the amount you purchase, may not be suffcient to cover the cost of future claims. We recommend you compare more than one option to appreciate the cost to increase your limit. Get professional indemnity insurance quotes.

    Professional indemnity insurance claim examples:


    Why you should purchase professional indemnity insurance


    Impact of professional indemnity insurance claims

    Professional indemnity insurance claims are by nature, low occurrence but high severity. A potential claim can have significant financial consequences, if you're unfortunate enough to become the target of an allegation. 
    Professional indemnity means financial security from having to pay defence costs and damages as a result of an allegation. We've produced a useful guide: Civil liability insurance - how to protect against professional negligence?

    What is errors and omissions (E&O) insurance?

    Errors and omissions (E&O) insurance is an alternative name for professional indemnity or professional liability, however it is more commonly referred to errors and omissions within North America and certain classes of media liability insurance, such as T.V & Film.

    If you take a closer look at the insuring clauses within the policy wording, the cover will protect against, acts, errors or omissions, hence the alternative name for the insurance protection.

    Who are the leading professional indemnity insurance providers in the UK?

    At get indemnity™ we work with a wide range of professional indemnity insurance providers to ensure our clients can obtain the broadest coverage at the most affordable premium.

    Leading professional indemnity insurance providers include: AIG, Allianz, Aqueous, AXA, Beazley, Chubb, CFC, CNA Hardy, Hiscox, Markel, MPR, Nexus, Tokio Marine HCC, and QBE.


    Leading PI insurance providers include: AIG, Allianz, Aqueous, AXA, Beazley, Chubb, CFC, CNA Hardy, Hiscox, Markel, MPR, Nexus, Tokio Marine, and QBE.

    How to compare professional indemnity insurance quotes from the market?

    Please complete our online application to compare professional indemnity insurance quotes from the wholesale market.

    At get indemnity we continue to see stable market conditions with reductions in premiums for some industries. However, there have recently been signs of a hardening market with a reduction in the number of competing insurers.

    High hazard exposures may come under increasing pressure to accept premium increases. Your professional indemnity insurance broker should engage with you early in the renewal process to ensure sufficient strategic planning.


    About get indemnity™ professional indemnity insurance

    This guide is for information purposes and based on sources which we believe are reliable, the general risk management and insurance information is not intended to be taken as advice with respect to any individual circumstance and cannot be relied upon as such.