Your clients rely on you to provide professional advice or designs because of your knowledge and expertise in your chosen field. All professional advisers could suffer financial consequences as a result of their mistakes or negligent advice to clients. Professional indemnity insurance is liability insurance that protects businesses and individuals in the event of a client claiming to have suffered a loss as a result of negligence.
Aon’s professional services team devises and places professional indemnity and related insurances for large professional firms to cover the financial consequences of negligence and also to meet the cost of defending claims made against the professional adviser. Often the policies we place are more advantageous in terms of premium and scope than those that can be secured locally.
We focus on providing innovative products for the complex risk issues facing large professional firms and work with our clients and insurers to identify needs and develop new products for major issues facing our customers. Clients have quick and easy access to our resources and the London insurance market.
Your firm can benefit from our ability to benchmark your insurance programme against peer firms, enabling performance comparisons in areas such as rating, risk retention and policy wordings. This enables the development of efficient and cost effective insurance programmes.
We can provide bespoke, cutting edge wordings, reviewed by legally qualified experts, which give you the confidence that your policies will respond should a claim occur. Aon Elite is widely used by our large law firm clients and provides some of the broadest coverage available to law firms in England and Wales.
Aon in the UK shares industry knowledge gained from our experience with an extensive list of professional sector clients across the entire global network. We offer clients bespoke services with a single point of contact for all professional indemnity, management liability, employment practice liability and pension fund trustees insurance needs.
Last updated 1 August 2016
Aon UK Limited is authorised and regulated by the Financial Conduct Authority. FP001.FPS.08-16.SH