Archive for the 'Protection and indemnity insurance' Category

Professional Indemnity Insurance – Managing Risk For Profit


The constant demand for professional advices and services has propelled experts to offer their specialized services to clients from different disciplines. Today, taking a professional help has become mandatory for every company to bring efficiency and effectiveness in its operations. For example, a doctor is needed when you are sick, an engineer helps you to [...]

Professional Indemnity Insurance Why Needed


Professional Indemnity Insurance is a kind of insurance where the insurer is protected or covered against claims from mistakes that he makes in his business where he may find himself in a dispute with his customers.
The demand for PI insurance is increasing day by day. Whether you work in a company, or you are a [...]

Professional Indemnity Insurance – Advantages and Limitations


Professional indemnity insurance (PII) is a liability insurance and protects your business when there is claim for compensation due to any loss (financial/image damage) as a result of your professional negligence. Earlier accountants, surveyors, engineers, solicitors and architects were the major buyers of these insurance policies. However, the changed definition and dynamics of professionals now [...]


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