We give you the confidence to carry out your services, safe in the knowledge that we’ll support you if someone brings a claim.
Professional Indemnity (PI) insurance covers professionals for losses and defence costs if they provide inadequate advice, services or designs that cause a client to lose money.
A market leader
We have more than 40 years’ experience and are market leaders in PI. Our customers value the longevity and continuity we bring, as well as our fair approach to pricing. Working with a wide range of businesses – from SMEs to global conglomerates – has given us a real insight into the practical requirements of various professions and the ability to create tailored cover for them.
We have an innovative way of working that makes us refreshingly easy to deal with and flexible in our approach. Our underwriters understand the challenges you face and come up with creative solutions to meet your needs. For instance, offering cover for emerging risks such as cyber crime and data theft or providing tailored wordings.
Our extensive global network and broad licence portfolio – offering the choice of Lloyd’s or QBE paper – allow us to underwrite risks around the world. If you have multiple operations abroad, we can write global programmes that provide comprehensive protection, as well as comfort that all legal and regulatory requirements are being met.
In-house risk management
QBE is one of the few PI insurers with an in-house risk management team. We offer practical support to help you reduce your risks and – unlike smaller insurers – have the ability to share data on claims and trends, as well as offering sophisticated benchmarking against your competitors.
We have developed particular expertise working with the following professions:
QBE has been providing insurance to solicitors and barristers for more than 40 years. Today, we are the leading solicitors’ PI insurer in the UK and we currently lead programmes for 13 of the top 20 law firms.
Our experienced underwriters are ideally placed to help you identify, manage and transfer your risks. Working with QBE, you will also benefit from our market-leading risk assessment tool, QRisk. We find that law firms that use QRisk experience 17 per cent fewer claims than other firms.
View our solicitors’ PI brochure: Protecting the legal profession (PDF 778Kb)
QBE is the leading provider of specialist PI insurance to people working in construction and related industries, including architects, engineers and contractors. Long experience covering a wide range of firms – from those employing fewer than 10 people to leading international companies – enables us to understand your business and the issues you face.
We’ve custom-built our cover to match your precise needs. For example, our ground-breaking Design-2-Deliver product offers medium-sized contractors the same breadth of cover previously only available to top-tier contractors.
View our construction brochure: Protecting construction professionals (PDF 7.3Mb)
View our architects and engineers brochure: Protecting architects and engineers (PDF 4.1Mb)
We work with people in a range of specialist professions, including technology, media, telecommunications, management consulting and recruitment consulting. As these professions play an ever-increasing role in our lives, the potential for claims against people working in them grows accordingly – as does their need for comprehensive PI cover.
Our broad cover includes hardware, bodily injury worldwide, liquidated damages and breach of contract as standard, with limits of up to £25m. We can also package our PI cover with other relevant covers, including Cyber, Public Liability and Employers’ Liability
Technology is a particular area of strength for us; QBE was one of the first insurers in the technology sector and today leads the way in PI solutions for technology firms.
View our guide to Professional Indemnity for ICT companies (PDF 994Kb)
QBE is one of the leading providers of specialist PI cover to people working in traditional professions, including accountants, surveyors and insurance brokers.
Long experience and sector-specific expertise allow us to tailor our policies to the individual needs of firms working in these areas.