Professional Risks

Posted on Posted in Type B

This incorporates two different types of insurance. Professional Indemnity Insurance is designed for an individual or a company who provides professional advices or services for a fee. It will protect the business against claims for error or omissions and professional neglect for both the principles and their employees.
Directors and Officers insurance provides protection against liability for a wrongful act. Current legislation dictates that a director of a company can be held personally liable for their actions.