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.