Professional services companies are exposed to disputes with their clients and others, with claims for loss caused by their alleged failure to meet their expectations or their professional standards.
This creates uncertainty – with defence costs and damages potentially payable, exposing the balance sheet.
Professional indemnity insurance (or Errors & Omissions Insurance) can transfer a range of these risks to insurance, providing certainty.
Avatar Brokers have years of Professional Indemnity experience. We work with a broad range of individuals, private and publicly listed companies. We have particular expertise in the innovation and financial services sector.