When Things Go Pear-Shaped – and it’s your fault
If your work involves selling your knowledge, services and expertise to others, then Professional Indemnity insurance (PI - sometimes also known as Errors & Omissions or E&O Insurance) is a must. It’s an essential piece of armour for anyone who could be sued for making a mistake.
In this everything-by-yesterday world, even the most respectable company can find itself in dispute with a client over an error, a delay or alleged breach of contract.
PI/Professional Indemnity insurance provides indemnity for losses you are legally liable for if you make a mistake or are negligent, or if your product or service is defective, inadequate or fails to perform.
Allegations are unexpectedly made against your business for:
Failure to defend your business adequately could cause irreparable reputational damage - not to mention the financial implications.
Professional Indemnity Insurance helps with:
We can help you review your contractual obligations to identify the extent of indemnities that your clients require.
Colin, Managing Director, Qros Ltd
Specialist & Independent
La Playa's specialist Science & Tech team can help you protect your business with smart, flexible, high-performance insurance - with a friendly human UI. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your business.
We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof
Advice You Can Trust
…from an expert who understands you
Tech-based business is 24/7, global and borderless, exposing you to new risks and liabilities - often in unfamiliar places. As the law struggles to keep pace with technology, insurance can provide a real safety net if you fall foul of changing legislation.