Professional Indemnity for Accident & Claims
Management Services

Professional Indemnity Insurance

If you are operating in the Accident and Claims Management arena dealing with personal injury claims there is now a legal requirement for you to have Professional Indemnity Insurance cover. We are able to place cover for your Professional Indemnity requirements immediately. 

Our Quick Broker Service

To utilise our Broker Service simply complete our one page professional indemnity insurance quote form or send us your renewal proposal form and we'll quickly check our panel of insurers to obtain the best combination of premium and cover that we can.

Alternatively, just call us on Freephone 0800 074 35 35 to speak to one of our advisors. Don't forget, if you need any other Insurance Cover for yourself or your business, we can help with that too.

Professional Indemnity Insurance Information

The recent Compensation (Claims Management Services) (Amendment) Regulations 2008 (made pursuant to the Compensation Act 2006) make amendments to the Compensation (Claims Management Services) Regulations 2006. The 2008 Regulations come into force in part on the 1st July bringing with it a requirement for authorised persons who provide representation for claimants in the area of personal injury claims to take out and maintain professional indemnity insurance complying with the specified minimum terms. 

Regulation 3 of the Compensation (Claims Management Services) (Amendment) Regulations 2008 amends Regulation 21 of the 2006 Regulations stating the requirements as follows:

"Minimum terms of professional indemnity insurance 
21B. — 
(1) The contract of professional indemnity insurance must— 
(a) comply with the requirements in paragraphs (2) to (5); 
(b) provide cover where an authorised person or an employee — 
(i) represents a client in the course of providing or purporting to provide regulated claims management services; and 
(ii) may be liable for their actions. 
(2) The minimum level of indemnity in the contract of professional indemnity insurance must be– 
(a) £250,000 for a single claim; and 
(b) £500,000 for aggregated claims. 
(3) Where the contract for professional indemnity insurance includes an excess, this must not be greater than £10,000 per claim. 
(4) The contract for professional indemnity insurance must contain cover in respect of legal defence costs. (5) The contract for professional indemnity insurance must provide for continuous cover for all claims — 
(a) first made against the insured during the period of insurance; or 
(b) made against the insured during or after the period of insurance and arising from claims first notified to the insurer during the period of insurance."

(text extracted from The Compensation (Claims Management Services) (Amendment) Regulations 2008)
We are able to provide Professional Indemnity cover that meets and exceeds the 2008 Regulatory requirements. We can take details over the phone and usually provide quotations within 24hrs. Talk to one of our advisors for advice, recommendations and to discuss your requirements. 

Call us on Freephone  0800 074 35 35 for a quotation or, complete our Quick One-Page quotation form which can be found on our Professional Indemnity Insurance Quotation page.