Then, now and tomorrow...
Professional Indemnity insurance covers you for the financial consequences of your professional negligence.
It operates on a 'claims made' basis - it is the cover in place when a circumstance is first notified to insurers that is triggered - and not the cover in place when the alleged negligent act occurred. Maintenance of cover into the future is therefore, important.
An understanding of the Professional Indemnity insurance market is in this context particularly significant. The market place is complex and has experienced significant fluctuations in both availability and cost over the years.
Access to full article
For access to the complete 'Professional Indemnity (PI) insurance market' article, with topics including:
- Claims culture
- The Professional Indemnity insurance cycle
- Case study - The Independent collapse
- Where are we now?
- What does the future hold in store?
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