Professional Indemnity (PI) Insurance Australia

Protect your business against professional liability claims with Professional Indemnity Insurance.

What is it?

Professional Indemnity Insurance protects your business from claims made by your clients and customers against you as a result of the advice that you provide them. If your business provides advice or service for a fee then you will be deemed to be providing a professional service.

Public Liability insurance policies do not extend to cover claims arising from services provided for a fee so it's crucial you protect your business with Professional Indemnity Insurance.

Who needs Professional Indemnity (PI) Insurance?

If you provide advice or deliver a service for a fee then you should strongly consider professional indemnity insurance.

The type of industries who require professional indemnity insurance is very broad and can include consultants, accountants and lawyers through to architects, building surveyors and beauticians. Trades such as plumbers, roofers and electricians are increasingly requiring professional indemnity insurance for provision of reports advising on the condition of a property.

It is crucial you protect your business against the financial cost of any claim and in particular the legal costs to defend any claim made against your business.

What is covered?

Professional Indemnity Insurance covers your business for your financial loss resulting from a professional liability claim. This can include claims for:

Liability for Damage as a result of negligent advice

Legal costs including any awarded against you

Claim Investigation Costs

Unintentional infringement of intellectual property rights

Public Relations / Crisis Management costs


Professional Indemnity Insurance provides broad protection for your business in the event of a professional liablity claim.

What's not covered?

Professional Indemnity insurance does not cover:

Incidents or claims known prior to the policy commencing

Accidental personal injury or property damage (see Public Liability)

Claims made against directors and officers (see Management Liability)

Claims arising from your digital network / data breach (see Cyber Insurance)

Damage from intentional acts

Your business becoming insolvent

To get a quote that provides you with the right cover it's important you speak with a professional indemnity expert who can advise you on the type of Professional Indemnity Insurance that is right for you.