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Professional Liability

Professional liability, or professional indemnity, insurance is widely purchased by individuals and corporate entities that provide professional services to third parties. Any entity providing a service (as opposed to making a physical product) should consider professional liability insurance; however, the most commonly acknowledged professions include:

  • Accountants

  • Actuaries

  • Architects & Engineers

  • Consultants

  • Insurance Brokers

  • Lawyers

  • Surveyors, Real Estate Agents and Property Managers

Other types of entity that buy professional liability insurance include business process outsourcing companies, professional associations, security and law enforcement agencies and educators.