Professional Indemnity, sometimes referred to as PI, provides financial support for legal costs, as well as any resulting compensation payments, if a client takes you to court for an alleged mistake you have made when providing professional services or advice.
The number of businesses that require professional indemnity insurance is far-reaching. If your business provides advice or handles data then it really is critical. It’s a fact of life that mistakes can happen, and even small errors can lead to significant claims which can have serious financial and reputational issues for a business. We will work with you to understand all your risks and provide a policy and level of cover that’s appropriate for your business.
- What’s typically covered?
- Professional negligence or breach of duty of care
- Unintentional copyright infringement
- Unintentional breach of confidentiality
- Loss of documents or data
"Miles Smith staff are friendly, extremely approachable, responsive and very much work with us, allowing us to get on with the day-to-day running and growth of our business"
Group Finance Director, Belfield Group
We were first introduced to Miles Smith in 2014 by our financiers. Miles Smith were able to demonstrate that they could streamline our Insurances and in so doing, reduce our premiums considerably, we, therefore, transferred to them mid-term and immediate savings were negotiated with the holdings Insurers.Read more
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Does my trade fit within Miles Smith's appetite?
Please call us to discuss your specific needs and we will be happy to assist.
Where is Miles Smith located?
Miles Smith’s head office is based in the City of London, the address is: One America Square, 17 Crosswall, London, EC3N 2LB. There are two additional offices, one in Ampthill, Bedfordshire and one in Sudbury, Suffolk.