- Maidenhead, SL6 5LW
- Mayfair, W1J 6BD
When your business offers advice, designs, or professional services, even a small mistake can lead to significant financial loss — and potentially, legal action. At Penshurst Insurance Services Ltd, we provide Professional Indemnity Insurance to protect your business and your reputation from the risks that come with delivering expert guidance or consultancy.
Professional Indemnity (PI) Insurance covers your business against claims of professional negligence, errors or omissions, or breach of duty of care arising from the services you provide. It can cover legal defence costs as well as compensation payments if you’re found liable.
Typical cover includes:
Professional Indemnity Insurance is essential for businesses that provide advice or services to clients for a fee. This includes:
Talk to one of our specalist team about your situation and see how Penshurst can help you.
A small architectural firm was contracted to design a commercial office refurbishment. Part of their design involved alterations to the building’s internal load-bearing walls. Unfortunately, a miscalculation in the structural plan resulted in the contractor halting the build due to safety concerns.
The client brought a claim against the architect for professional negligence, seeking recovery of additional structural engineering costs, project delays, and lost rental income.
Thanks to their Professional Indemnity policy arranged through Penshurst Insurance Services Ltd, the firm’s legal defence costs were covered, and the insurer paid out a settlement of £175,000 — preventing the issue from escalating further and helping the business recover its reputation and momentum.