Professional Risks

Professional Indemnity

Giving professionals peace of mind and defending them against allegations of professional negligence.

Professional Indemnity from DOA

We benefit from preferred broker & partnership status with many of our Professional Indemnity Insurers. By reviewing and understanding all submissions, utilising our years of broking and underwriting experience and expert knowledge of the market, we receive prioritised service and competitive terms.

This, combined with our specialised expertise in placing all types of Professional risks enables us to provide our brokers with unrivalled support giving them peace of mind that their clients are getting the outcomes they deserve. We prioritise the best service and prompt turnaround times, often addressing and quoting enquiries within the same day.

Our services also include:

  • Placing or underwriting risks with specialised PI Insurers, MGAs and Lloyd’s syndicates
  • Providing quotations for most enquiries within 24/48 hours (subject to full underwriting information)
  • Comprehensive technical and market support throughout the broking process
  • Full access to the PI market with the ability to underwrite “in house” on our delegated binders
  • Competitive and flexible commission rates
  • No minimum or maximum premiums
  • Place PI limits from £100,000 to £100M

Our Appetite

We excel in organising Professional Indemnity insurance for a diverse range of businesses, encompassing both traditional and emerging professions such as:

  • Accountants
  • Architects
  • Business Consultants
  • Design & Construct
  • Engineers
  • Estate and Letting Agents
  • Fund Managers
  • Insurance Brokers and IFAs
  • IT Professionals
  • Media Professionals
  • Medical Professionals
  • Recruitment Agents Surveyors
  • Solicitors
  • Surveyors

This above list is not exhaustive, we will look at any PI risk, including “distressed” risks.

What Is Professional Indemnity Insurance?

Anyone can make mistakes, it’s human nature. Professional Indemnity Insurance can protect the policyholder and their business if a client or third party alleges financial loss or damage resulting from negligent service, acts, omissions, bad advice and breach of professional duty.

A client could claim against an individual or a business even if the service or advice they offered was for free.

Though Professional Indemnity Insurance is not always a legal requirement, DOA believes that every professional and business providing a professional service should consider their exposure.

Note: Certain professions require Professional Indemnity Insurance by law or to comply with their Governing bodies.

What can Professional Indemnity Insurance cover?

Professional Indemnity / Errors and Omissions Insurance (PI, PII, E&O) covers a policyholder against a variety of different claims made against them by a client or third party which can include:

  • Professional negligence or a breach of professional duty
  • A claim that states a policyholder made a false or misleading statement about a client’s business
  • A third party claiming a statement the policyholder made to be untrue and damaging to their reputation (Libel, Slander, Defamation)
  • Unintentional or accidental private information which has been disclosed without consent as a result of a business activity (Breach of Confidentiality)
  • Unintentional infringement of a third party’s intellectual property rights
  • Dishonesty of employees
  • Loss or damage to documents
  • Breach of contractual obligations (where insurable)
  • Legal defence costs

How can DOA help?

With our expert team of underwriters, brokers, and claims handlers, DOA is dedicated to providing brokers with the right insurance solutions for their clients. We pride ourselves on our prompt, accurate and competitive solutions. Our experienced team has the knowledge and skills to guide brokers throughout the quotation journey and the policy period.

As well as DOA’s exemplary service brokers can rest assured that we will provide your clients with policies placed with leading Professional Indemnity Insurers that all have been vetted by our agency team for their Financial Strength.

Contact us

Contact us for a quotation:

Andy Taylor Professional Risks Team Leader 01371 878558
Steve Knight Professional Risks Senior Underwriter 01371 878530
Work With Us If you do not already have an agency and would like to become a DOA agent, you can apply here:

 Agency Application