Professional Indemnity Insurance

PROFESSIONAL INDEMNITY INSURANCE

Brian Mullins Insurance Brokers offers Professional Indemnity Insurance in Ireland, giving Irish businesses expert cover against legal and financial risks.

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Why Choose
BMIB?

Cover
Details

Additional Benefits

FAQ

Frequently Asked Questions

1. What is Professional Indemnity Insurance?

Professional Indemnity (PI) insurance protects your business if a client claims you provided negligent advice, made an error, or delivered inadequate services that caused them financial loss.

It is mandatory for certain regulated professions in Ireland, such as solicitors, accountants, insurance brokers, architects, and financial advisers. Other professions may require it under client contracts.

Premiums are based on factors such as: Type of profession, Annual turnover, Level of cover required, Claims history and Risk exposure.

Public Liability relates to physical risks (e.g., a client slipping in your office).
Professional Indemnity relates to financial risks from advice, designs, or services.

Cover may extend to subcontractors if declared and agreed by the insurer. Always confirm this before work begins.

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