NIG launches Professional Indemnity for their Professionals eProduct
Authored by NIG
You asked, we delivered. We know from broker feedback that there’s huge demand for the ability to add Professional Indemnity cover as an optional extra, which is why we’ve made it available as part of our Professionals eProduct.
While Professional Indemnity cover isn’t a legal requirement, it is incredibly important for businesses of all shapes and sizes. Mistakes like releasing the wrong version of new software, or using an image they don’t have permission to use can leave your clients open to costly legal action if they don’t have the right protection in place.
Making things easier for you and your clients
With this in mind, we’ve made Professional Indemnity cover available as an optional add-on with our Professionals eProduct, making things quicker and more straightforward for both you and your clients.
Professional Indemnity is now available across 80 trades including IT consultants, advertising agencies, graphic designers, estate agents and more.
See the full list of trades covered CLICK HERE
It will be easily accessible to all brokers who trade with us via TheHub and Acturis.
Additional peace of mind under one policy – key benefits of Professional Indemnity for Professionals
Add with ease – As an optional extra, Professional Indemnity can be added easily during your usual quote journey, reducing the need to get a quote for PI cover elsewhere and giving businesses one less thing to worry about.
Flexible cover that can be tailored to clients’ needs – Cover is available for clients with annual turnovers ranging from £25,000 to £1 million, and businesses can opt for the specific level of cover they need.
Zero excess – for the majority of trades, excluding estate agents and auctioneers.
Legal defence costs and other expenses will be paid in addition to any indemnity – costs for representation are also covered up to £250,000 aggregate.
For more information about Professional Indemnity cover for Professionals, speak to your usual NIG contact.
About NIG
We’ve been experts in commercial insurance for 125 years.
The National Insurance and Guarantee Corporation (NIG) is a broker only insurer; we believe in getting to know both the brokers we work with and their clients’ businesses, building trusted partnerships that last for the long-term. Our highly experienced underwriting team are focused on working with brokers to identify and understand the risks faced by UK enterprises. Together, with our risk control experts and risk management tools we develop solutions to help UK enterprises reduce and mitigate key exposures. We offer a wide range of products with flexibility to create tailored insurance cover and when clients need us, claims are dealt with quickly and fairly through a proactive claims approach.
Our trading model has been designed to reflect the differing requirements of how brokers like to trade, with regional offices, National Trading Centre, National Schemes Centre, eTrade Centre of Excellence and dedicated experts for specialist sectors.
We’re investing in new technology to make us even easier to trade with. We’re launching an online risk management resource supported by our in-house Risk Control Team and introduced online claims submissions to speed up the claims process, minimising disruption to clients’ businesses. We are also the only insurer two years running with a five-star rating for both TheHub and Software Houses, in the Insurance Times 2019 and 2020 eTrade survey.
We are dedicated to making UK enterprises more resilient.
NIG is a wholly owned subsidiary of Direct Line Insurance Group plc, providing stability and financial strength. Our policies are underwritten by U K Insurance Limited.