Professional Indemnity Insurance

1800 97 98 99

Compare quotes from leading insurers for professional indemnity coverage tailored to your industry.

PI Insurance - Protection against claims of negligence, error, or omission in your professional service.

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Why choose Shielded

Protect yourself with a policy backed by a reputable and award winning insurance advisor.

Professional

Our team are professional and experienced in professional indemnity insurance.

Highly Reviewed

Shielded is an award winning insurance advisor with thousands of 5 star reviews.

Renewal Management

Our team will manage your renewals and keep you informed and up to date.

24/7 Claims

Notify of a claim 24/7 365 days a year.

Cover Options

Choose from a range of professional indemnity insurance options tailored to your profession.

Professional Indemnity

Covers claims of negligence, breach of duty, or professional error in services or advice.

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Public Liability

Covers injury or property damage caused to third parties due to your business activities.

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Cyber Liability

Protection against data breaches, hacking, and cyberattacks affecting your business operations or client information.

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Management Liability

Covers directors and managers for wrongful acts like mismanagement, employment practices breaches, and regulatory fines.

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Statutory Liability

Covers fines and penalties from unintentional breaches of legislation or regulatory requirements.

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Business Insurance Pack

Bundle cover including property, equipment, theft, business interruption, and liability – ideal for small to medium businesses.

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Frequently Asked Questions

We know professional indemnity insurance and the risks professionals face.

What is Professional Indemnity Insurance?

Professional Indemnity Insurance protects professionals against claims of negligence, mistakes, or omissions made while providing a service or advice to clients.

Who needs Professional Indemnity Insurance?

Any professional who provides advice, designs, or services to clients should consider PI insurance. This includes consultants, accountants, engineers, health practitioners, IT professionals, real estate agents, and more.

What does it cover?

It typically covers legal costs, damages, investigation costs, and settlements related to claims of professional misconduct, breach of duty, or incorrect advice.

What factors affect the cost of PI insurance?

Premiums depend on your profession, business size, turnover, claim history, coverage amount required, and level of risk involved in your work.

Is PI insurance mandatory in my industry?

Yes, in many regulated professions such as law, accounting, finance, architecture, and healthcare, PI insurance is often mandatory by law or by industry body requirements.

How much cover do I need?

The amount of cover depends on your risk exposure, contractual obligations, and industry standards. Most businesses choose between $1 million and $10 million in cover.

Does it cover past work?

Many policies include "retroactive cover," which protects you for work done before the start of the current policy - as long as it's declared when taking out cover.

What's the difference between PI and Public Liability Insurance?

Professional Indemnity covers advice-based risks (e.g. errors or omissions), while Public Liability covers injury or property damage from business operations (e.g. slips and falls).

Which insurers do you work with?

We compare quotes from top insurers like CGU, Vero, QBE, Chubb, Allianz, Specialised Underwriters and Agencies and more - matching you with a tailored solution based on your profession and needs.