Professional

Indemnity Introduction

This course provides an overview of professional indemnity insurance and is ideal for those with no – or limited – involvement in this class of business.

What's Covered
  • Professional and duty of care – legal liability including breach of contract
     

  • Exposure of different professions
     

  • Claims examples
     

  • Policy cover, conditions and typical exclusions
     

  • Claims made basis of cover, retroactive date and run off cover
     

  • Underwriting factors

Course Outcome
  • Identify the different professions that may have a professional indemnity (PI) exposure
     

  • Explain how professional liability arises
     

  • Discuss the types of claims made against different professionals
     

  • Explain the coverage provided by a PI policy
     

  • Outline the principal extensions and exclusions in a PI policy
     

  • Outline the main underwriting factors
     

  • Enhanced employee knowledge
     

  • CPD event

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