Professional Indemnity Insurance
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Is IT Liability the same as Professional Indemnity Insurance?
Last Updated: September 17, 2026IT Liability Insurance can combine Professional Indemnity with Public and Products Liability for technology businesses, but it does not automatically replace Cyber Insurance.
When do I pay my excess in a Professional Indemnity claim?
Last Updated: September 15, 2026When a Professional Indemnity excess becomes payable depends on the policy wording, including whether defence costs are included within the excess and whether different excesses apply to particular claims.
How long does a Professional Indemnity claim take to resolve?
Last Updated: September 16, 2026There is no standard timeframe for resolving a Professional Indemnity claim. Timing depends on factors such as complexity, evidence, negotiations, experts and legal proceedings.
When should I notify a Professional Indemnity claim or circumstance?
Last Updated: September 19, 2026Professional Indemnity claims and circumstances should be notified as soon as reasonably possible, including complaints, demands or known issues that could reasonably lead to a future claim.
What happens during a Professional Indemnity claim?
Last Updated: September 16, 2026A Professional Indemnity claim can involve notification, insurer assessment, investigation, defence, negotiation or litigation depending on the circumstances and policy.
How do I notify a Professional Indemnity claim?
Last Updated: September 19, 2026To notify a Professional Indemnity claim, contact Webber Insurance promptly with a summary of the issue and available contracts, correspondence and project records.
Can I change Professional Indemnity insurers mid-policy?
Last Updated: September 15, 2026Changing Professional Indemnity insurers mid-policy may be possible, but claims-made continuity, retroactive dates, known circumstances, cancellation terms and replacement cover should be reviewed first.
Do I need Professional Indemnity Insurance if I have never made a mistake?
Last Updated: September 16, 2026A clean claims history does not remove Professional Indemnity exposure. Claims can arise from allegations, and cover may also be required by contracts, licensing or professional obligations.
Does Professional Indemnity Insurance cover subcontractors or consultants?
Last Updated: September 16, 2026Professional Indemnity Insurance can respond to liabilities arising from subcontracted professional work, but whether the insured business or subcontractor is covered depends on the policy wording and engagement arrangements.
How long does it take to get a Professional Indemnity Insurance quote?
Last Updated: September 16, 2026Professional Indemnity Insurance quote timeframes depend on the occupation, insurer, complexity of the risk and whether additional underwriting information or referral is required.
What is a claims-made Professional Indemnity policy?
Last Updated: September 16, 2026Professional Indemnity Insurance is commonly written on a claims-made basis, so the timing of the claim, notification, retroactive date and prior circumstances can all affect cover.
Is Professional Indemnity Insurance mandatory?
Last Updated: September 16, 2026Whether Professional Indemnity Insurance is mandatory depends on the occupation, jurisdiction, contractual requirements, registration conditions and professional body rules.
I have an open Professional Indemnity claim. Can Webber Insurance still assist?
Last Updated: September 16, 2026An open Professional Indemnity claim does not automatically prevent Webber Insurance from assisting, but it can affect insurer appetite, pricing, exclusions and continuity considerations.
What limit of Professional Indemnity Insurance do I need?
Last Updated: September 16, 2026Professional Indemnity limits should be considered against professional services, potential claim severity, contracts, project exposure, regulatory requirements and policy structure.
What is the difference between Management Liability and Professional Indemnity Insurance?
Last Updated: September 16, 2026Management Liability and Professional Indemnity Insurance address different business risks. One does not generally replace the other.
What is the difference between Professional Indemnity and Public Liability Insurance?
Last Updated: September 16, 2026Professional Indemnity and Public Liability Insurance cover different business exposures. PI focuses on professional services and advice, while PL focuses on certain injury and property damage claims.
What is Professional Indemnity Insurance?
Last Updated: September 16, 2026Professional Indemnity Insurance can respond to certain claims arising from professional advice or services, including defence costs and insured liabilities, subject to claims-made policy terms.