Professional Indemnity Insurance
Professional Indemnity insurance covers businesses and professionals against claims of negligence, errors, or omissions in the given services. It helps to safeguard a company against financial losses caused by lawsuits or claims resulting from mistakes or advice that causes a client to face a financial or reputational loss.
- Canopius’ expert underwriters provide practical and bespoke Professional Indemnity insurance solutions to address the specific demands of your organisation and its operations.
- Professional Indemnity insurance protects you from client or third-party claims for damages or losses caused by negligent services or advice, providing defence for your business by covering legal bills, expenses, and compensation charges.
We specialise in:
- Primary and Excess Professional Indemnity
- Direct and Facultative placements
- A broad range of industry groups
- Coverage for SMEs to large global corporate risks
- Trade through both the Open Market and Delegated Underwriting
Our Professional Indemnity insurance covers a wide range of risks, ensuring your business is protected from potential liabilities. We offer both Legal and Civil Liability policies, including but not limited to:
- Confidentiality breach: protection for unintentionally disclosed sensitive information
- Copyright breach: coverage for unintentional use of intellectual property without having permission
- Defamation: protection from claims of libel or slander towards your business
- Document and data loss: compensation for lost or damaged documents or data in your care
- Employee dishonesty: coverage for claims arising from fraud or dishonesty by your employees
We provide Professional Indemnity Insurance to a wide range of industries, including but not limited to:
- Accountants
- Architects
- Consultants
- Contractors (Design & Construct)
- Engineers
- Independant financial advisors
- Insurance brokers
- Lawyers
- Miscellaneous
- Surveyors
Our capacity
We can offer capacity up to $15m (USD) or currency equivalent.
What sets us apart
At Canopius, we pride ourselves on providing exceptional service and expert guidance.
- Leading specialised underwriters: in a recent broker 2023/2024 survey, our team scored highest amongst our peers for both proactivity and commitment. Unlike other carriers, we have stayed in the market during high volatility, providing long-term security and stability for brokers and clients.
- Quoting quickly and always available: we understand the value of face-to-face conversations to better solve your insurance problems. A Canopius team member is always available for in-person discussions with our broker partners. Once the necessary information is received, we can turn around terms and offer solutions within 24 hours.
- Staying ahead of the market: our underwriters and claims team actively participate in executive market committees to glean intelligence and insights which help us stay ahead of the market curve. We understand how important it is to develop an insurance solution that is tailor-made to suit client’s needs.
- Technical capabilities: we have a vast array of experience, coupled with emerging talent. Our team is empowered to make decisions, and we are structured so complex solutions are practical, innovative, and delivered quickly.
Speak to one of our specialist underwriters
