In today’s dynamic business environment, providing advice or services comes with inherent risks. Errors, omissions, or accusations of negligence can not only damage your reputation but also impact your financial well-being. At WTW, we understand the critical nature of these risks and offer Professional Indemnity Insurance (PII) designed to provide complete confidence and peace of mind.
Professional Indemnity Insurance
Our professional indemnity insurance solution protects your business from the financial impacts of claims related to errors, omissions, or professional negligence. Ideal for consultants, project managers, or businesses operating within complex sectors, our PII offers comprehensive support by:
- Covering costs for regulatory hearings: Provides coverage for defence costs incurred during regulatory hearings. These hearings involve proceedings held by a regulatory body investigating compliance with laws and regulations relevant to your professional activities. Please note that while PII covers defence costs, regulatory fines, and penalties themselves are not insurable.
Tailored to your industry
Our policies are drafted by specialists who possess an in-depth understanding of various sectors, ensuring your policy is precisely worded to meet the unique risks you face. We cover a wide range of professions, including but not limited to:
- IT and tech companies
- Legal services
- Engineering and construction
- Healthcare and medical professionals
- Accountants and auditors
- Architects and designers
Why choose WTW for your Professional Indemnity Insurance?
Robust expertise
Our global team brings together it's unique expertise, with dedicated specialists for each sector we serve. This collective knowledge ensures that your policy is drafted with a keen understanding of the specific challenges and risks of your industry. We're with you every step of the way, from setting up your policy to helping you when you need to make a claim.
WTW is not your average insurance broker
What truly sets us apart is our approach to client relationships. We're approachable and professional, we listen, we're flexible, and we focus on making a real difference where it counts. We share your commitment to success, offering steadfast support and the reassurance you need when you need it most.
Comprehensive support
- Claims advocacy: Our in-house claims team is dedicated to defending your interests with rigor and expertise. We are committed to the efficient handling and settlement of claims, leveraging our industry knowledge and procedural proficiency to support you throughout the claims process.
- Risk management: We offer innovative solutions and strategic advice to mitigate risks. Integrating our industry knowledge with exclusive claims data and expertise, we equip our clients with the tools and resources to make informed decisions.
- Bespoke solutions: From Cyber Liability to Asset Protection Insurance, our offerings are comprehensive. If there’s a unique risk you face, we’ll tailor a solution specifically for you.
- Trusted insurer relationships: Our established relationships with a network of leading insurers worldwide are a testament to the trust and confidence they place in our expertise. These connections provide us with the capability to navigate complex markets and advocate effectively on your behalf. This access helps us to explore a range of protection options tailored to meet your unique needs.
Global reach with local presence
Our significant footprint allows us to negotiate robustly with insurers on your behalf, ensuring you receive the best possible terms. With specialists in all major regions, we offer the convenience of local service backed by global expertise.
Driving innovation for your protection
WTW continually drives innovation within Professional Indemnity Insurance (PII), staying abreast of industry advancements to enhance your protection. Our services evolve in tandem with the dynamic needs of the industries we serve, ensuring proactive risk mitigation strategies tailored to your specific requirements.
Our approach is supported by direct access to a vast network of leading insurers, enabling us to offer diverse coverage options tailored to your unique circumstances. While we diligently explore emerging trends and technologies, we recognize the competitive landscape and strive to differentiate our offerings through personalized service and strategic risk management insights.
Our commitment to you
- Transparent advice: We operate with your best interests at heart, offering clear, unbiased advice.
- Adaptable solutions: Our solutions adapt to your industry's evolving needs, ensuring your coverage remains relevant.
- Continuous learning: Access our client portals for expert advice, industry guides, and educational materials to support your professional development.
Get started with WTW
Your reputation and financial security are paramount. Partner with WTW for a Professional Indemnity Insurance solution that gives you the confidence to focus on what you do best. Contact us today to discuss how we can tailor protection for your business.