We offer your business carefully-designed protection against claims of service failure
If you run a consulting firm, marketing or PR agency, media agency, or accountancy practice, professional indemnity cover is vital should the services you provide fail to meet a client's expectations. Our professional indemnity insurance covers you, senior management and your firm against failure of service, errors and omissions, and negligence claims.
Risks we cover
We protect businesses like yours from these kinds of claims:
Errors or omissions in providing a service
A client your law firm represented doesn’t believe you’ve exhausted every avenue of defence, and is holding you liable for their damages as well as legal fees
Failure to perform a service on time
Your marketing agency missed a deadline to deliver a campaign and now the client wants you to pay for delayed business costs
Misrepresenting a service or capability
A client doesn’t believe that your accountancy practice has delivered on its promise to minimise their tax liability, and is threatening to sue for misrepresentation of your service
Offering misleading professional advice
A client sues your consulting firm after a business decision you advised on leads to a reduction in stock price
Products & Services
Products & Services
Chubb offers both broad and industry-specific professional indemnity products
Professional Indemnity
Coverage for firms operating internationally, with separate products available for our clients in the US and Canada. We cover you for failure to perform professional services or for errors and omissions related to them.
Firms operating in North America and Canada receive protection for failure to deliver a service, or for mistakes made providing a service or advice to clients.
We’re professional indemnity insurance specialists – and we care about your company
Whether your business is big or small, takes you around the world or just around town, Chubb is there for you. Our breadth of experience in professional indemnity cover means we can provide the guidance and service you need, whenever you need it, wherever you may be.
Partnership that’s personal We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.
Creative problem-solving Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.
Unmatched expertise and financial strength We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.
Professional indemnity insurance ensures you stay ahead of claims – real or alleged – that clients could bring against you. You should be able to perform your job with the confidence that, if a client is unhappy with the results or an employee makes a mistake, your business won’t be financially crippled by legal action.
This liability cover protects you against the risk of the professional advice or services you provide causing a client financial harm. That harm could be due to actual or alleged mistakes or a failure to perform a service. Examples include not completing work as expected, providing incorrect advice or guidance, and incorrect forecasting. Professional indemnity covers a client’s losses, as well as your legal expenses and business continuity costs.
HAVE A QUESTION?
HAVE A QUESTION?
Talk to one of our experts
David Filtness Professional Indemnity Underwriting Manager, UK & South Africa david.filtness@chubb.com
