Professional Indemnity Insurance
Protect Your Business from Costly Claims With Professional Indemnity Insurance
If your business provides professional services, advice, or consultancy, you could be at risk of legal action from clients due to errors, negligence, or financial loss. Even the most experienced professionals can face unexpected claims, which can be costly and damaging to your reputation.
At ABA Insurance, we offer comprehensive Professional Indemnity Insurance tailored for consultants, contractors, and business professionals. Our policies provide financial protection against claims for professional mistakes, ensuring peace of mind and business continuity.
What You Get
Liability
Fleet
Plant
Professional Indemnity
Legal
And more…
What is Professional Indemnity Insurance?
Professional Indemnity Insurance is a specialist business insurance policy designed to protect professionals who provide advice, services, or expertise. It covers legal fees, compensation claims, and settlement costs if a client alleges that your work has caused them financial loss or reputational damage.
This insurance is essential for:
- Consultants, freelancers, and contractors
- Architects and engineers
- Accountants, financial advisors, and legal professionals
- Marketing and IT consultants
- Healthcare professionals
- Surveyors and property professionals
Many industries and regulatory bodies require Professional Indemnity Insurance as a condition of practice. Having the right cover helps you meet legal and contractual obligations while protecting your business from unexpected claims.
Why Do You Need Professional Indemnity Insurance?
Protection Against Legal Claims
If a client believes they have suffered financial loss due to errors, omissions, or professional negligence, they can take legal action. Professional Indemnity Insurance covers defence costs, settlements, and compensation payouts, so your business remains financially secure.
Contract and Industry Requirements
Many clients, contracts, and industry bodies require businesses to have Professional Indemnity Insurance before starting a project. Having cover ensures compliance and increases your credibility.
Safeguard Your Reputation
Even a false claim can damage your business reputation. With the right insurance, you can defend your company without the stress of unexpected legal costs.
Financial Security and Business Continuity
Defending a claim can be expensive and time-consuming. Without insurance, the financial strain could severely impact your business. Professional Indemnity Insurance ensures that legal costs and compensation claims do not affect your cash flow.
Get The Right Business Insurance
What Does Professional Indemnity Insurance Cover?
Negligence and Errors
Covers claims if a client suffers financial loss due to mistakes, poor advice, or professional oversights.
Breach of Contract
If your business fails to meet contractual obligations, this insurance helps cover legal fees and settlements.
Defamation and Libel
Protects against claims related to accidental defamation, libel, or slander in your work or communications.
Intellectual Property Disputes
Covers legal costs if a client accuses you of infringing copyright, trademarks, or intellectual property rights.
Loss of Documents and Data
If you misplace, lose, or damage important client documents or sensitive data, Professional Indemnity Insurance covers related claims.
Misrepresentation and Dishonesty
Covers claims if a client accuses your business of misleading statements, dishonesty, or professional misconduct.
How Do I Get The Right Professional Indemnity Insurance?
Worried About Legal Claims from Clients?
Even if a claim is unfounded, the legal costs alone can be significant. ABA Insurance provides financial protection and expert legal support to defend your business.
Unsure if You Need Products Liability Insurance?
If you provide advice, consultancy, or professional services, you are at risk of liability claims. Our team will assess your business and recommend the right level of cover.
Concerned About Affording Insurance?
We offer affordable and flexible policies tailored to your budget. We also provide guidance on reducing your premium without compromising protection.
Need Fast and Hassle-Free Claims Processing?
Our efficient claims handling team ensures that if you need to make a claim, you get quick support to keep your business running smoothly.
Why Choose ABA Insurance for Professional Indemnity Insurance?
Industry Expertise
We specialise in business and professional liability insurance, offering expert advice tailored to your profession.
Customised Cover
Our policies are flexible and tailored, ensuring you get the right protection for your industry.
Competitive Pricing
We compare policies from multiple insurers to find the best coverage at the most affordable rate.
Fast Quotes and Simple Application Process
We provide quick quotes and an easy sign-up process, so you can get covered immediately.
24/7 Support and Legal Assistance
We offer round-the-clock support, ensuring you receive expert legal guidance whenever needed.
How Much Does Professional Indemnity Insurance Cost?
The cost of Professional Indemnity Insurance depends on several factors, including:
The type of services you provide – High-risk industries such as finance, legal, or construction consultancy may have higher premiums.
Annual turnover – The larger your business, the greater the financial risk, which may affect your premium.
Level of cover required – Many contracts specify minimum coverage limits, impacting the cost.
Previous claims history – A history of professional liability claims may influence your premium.
At ABA Insurance, we offer tailored policies at competitive prices to ensure you receive the right protection at the best value.
Client Testimonials
I cannot recommend this company highly enough. I have been a customer since April 2018 and the service I have received is outstanding. The staff are friendly and extremely helpful. Nothing is too much trouble. I would just like to say an extra thank you to Isabella for her customer service and commitment
Chris Baker
CEO/ Founder
Your Questions Answered
How do I know what level of cover I require?
Speak to one of our expects today who can guide you through understanding the levels of cover limits you may require. Call 01474 833 322.
What does Public Liability actually cover?
In short, this covers any damage you cause to any Third Party Property &/or Persons.
What does Professional Indemnity actually cover?
In short, this covers any claim that can come from any losses you may have caused your client or third party caused by the negligence of your professional services & advice you offer.
What is the difference between (BFSC) and (LOSC)?
A Bonafide Subcontractors is a supply and fit contractor that provides their own tools and materials. A Labour Only Subcontractor is pretty much an employee who you pay on a day rate and is under your supervision, direction & control.
What does Contractors All Risk actually cover?
Also referred to as Contract Works, this covers any damage/losses to your works in progress (on going works).
How can I get a quote from you?
Simple call us on 01474 833 322 and one of the team will assist you through a quick and easy experience.
Who do I contact if I have questions?
If you already have a policy with us, you can contact your account manager or alternatively call us on 01474 833 322 and a member of the team will be happy to help.
Why should I choose ABA Insurance?
We are a specialist brokerage within the Construction and engineering industry which means you only deal with a broker that understands your business. We advise on the best insurance solutions to help you in every way possible from advice, claims handling to any questions throughout your policy.
Who will deal with me at renewal?
The same person you delt with at the start. Our team want to make sure they know you and your business inside out. They are dedicated to you from new business all the way through to your renewal.
One Point Of Contact, Countless Ways To Help.
Get a Quote for Professional Indemnity Insurance Today
Protect your business and reputation with reliable Professional Indemnity Insurance from ABA Insurance. Get a fast, no-obligation quote in minutes, or speak to our expert team for tailored advice.