Whether you are one person or 100, if your business provides professional advice or services, you can be held liable for claims arising from errors or omissions in the course of conducting business.
Marsh Advantage Insurance helps arrange professional indemnity insurance that provides protection for professional liability claims.
Even if a claim appears to be without substance, substantial defence and legal representation costs can be incurred in defending your company and its reputation. And with third parties becoming more aware of their legal rights regarding financial loss, there has been an increase in the number and size of claims being brought against professional services companies.
Professional indemnity policies can provide protection for:
- Investigation costs
- Defence costs