Tailored Professional Indemnity Insurance for Businesses in Ireland
Your Professional Indemnity Insurance policy may well be your “last line of defence” protecting you and your firm from actions resulting from allegations of Negligence, Error or Omission in the conduct of your business.
It is not a “one size fits all” business insurance product and requires a thorough understanding by the placing broker of the exact nature of the clients business. Furthermore, the communication of this understanding to insurers is key to the arrangement of suitable policy cover. O'Leary Insurances are a specialist Professional Indemnity Broker and have a Professions Team established to cater for this important area.
Why choose O'Leary's PI cover?
We work to develop an understanding of the particular requirements of a profession recognising the fundamental importance of PI cover in the ultimate protection of a sole practitioner, partnership or firm from allegations of error, omission or negligence.
The change in economic circumstances over the past number of years in Ireland has led to an increased level of focus on all professions with a resultant increase in the number of PI claims generally.
It is therefore vital that a PI broker has a deep understanding of the relevant policy wording allied with the expertise to deal with circumstances notified which may give rise to a claim. You must have choice!
The recent trend of brokers providing quotations on behalf of one insurer only is clearly unhelpful to any profession.
This creates a “tied agent” type situation and must compromise the broker in all claims circumstances with that insurer – put simply – whose side will the broker be on if he is acting for one insurer only ? Will his clients best interest be served?
O'Leary Insurances always provide quotations to every profession from a panel of insurers thereby offering choice to their clients and maintaining a healthy level of competition between insurers at all times.
Professional Idemnity insurance quotation
For more information, contact our professional team of insurance brokers at your nearest O'Leary Insurances office for a full range of Business Insurance policies such as Cyber Liability and Credit Insurance.
Other types of insurance for business
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Contact one of our nationwide offices for more information and a quote.Request a call backor contact your nearest branch: