Professional Indemnity Insurance

With Howden's range of specialist teams, you can be assured that your Professional Indemnity Insurance is managed by someone who truly understands your profession and industry - and the complex risks you face.

If you sell yourself as having a certain skill set or expertise, you are putting your career on the line every time you meet a client. When you take action on their behalf, you risk being sued.  

For accountants, fund managers, financial services, independent financial advisors and consultants architects, complete confidence in your insurance is as important as confidence in your own abilities. 

Whether you're a project manager or consultant, Professional Indemnity insurance will protect you when you make a mistake (or breach) for which you are sued or investigated. Defence is vital regardless whether allegations against you are founded – your future prosperity depends on it. You will need to assemble an experienced legal team at considerable expense - and even then, you may be liable for damages or need to settle out of court.

Professional Indemnity insurance will protect you in 2 main areas:

At Howden, our specialists will ensure your Professional Indemnity insurance will minimally include:

Worldwide cover
Even if the lawsuit comes in a foreign jurisdiction, you will be able to mount a competent defence with lawyers experienced in both the sector and that geographical territory’s legislative arena.

Non-remunerated work
It's to have cover in place for advice given on a more informal basis, for which you were not paid.

Full retroactive cover
This includes past wrongful acts, errors and omissions. It’s really important that your cover goes all the way back to your business incorporation date.

Customised protection for your professional needs

We understand that every profession has its complexities, so our specialists can also arrange extensions in your policy to cover:

• Unintentional infringement of intellectual property
• Restoration costs relating to lost documents
• Cover for vicarious liability caused by wrongful acts of subcontractors, consultants or agents.