Protection against financial loss resulting from a legal liability to a third party.
Professional Indemnity is aimed at providing protection against financial loss resulting from a legal liability to a third party. Anyone who offers services or advice in a specialized field could be held accountable at law for the advice or service to the general standards of their profession or industry.
Some lines of business are therefore legally required to have this cover in place, and this is where Axentra is able to offer insurance solutions for a wide range of modern professional activities.
The legal liability to compensate due to negligence, errors or omissions in performing duties: cover is provided for both damages as well as legal defense.
Insurance brokers, consultants, accountants, engineers, technology providers and other professional service businesses.
Protection where a client alleges that professional advice or services caused financial loss.
Separate or complementary cover solutions for eligible cyber incidents, data breaches, ransomware and related response costs.
Cover may assist with eligible investigation, legal representation and defence costs.
Cover remains subject to declared activities, insurer terms, limits, exclusions and notification requirements.
