Professional Indemnity

Our Professional Indemnity insurance policy provides protection for professional businesses and people in respect of civil liability arising from the conduct of their professional activities.

The Lumley policy is a civil wording and provides cover against claims for third party financial loss arising from:

  • Professional Negligence – where the Insured makes an error or omission
  • Breach of the Fair Trading Act 1986 – where the Insured causes financial loss through potentially deceptive or misleading conduct
  • Breach of Fiduciary Duty – where the Insured fails to act in the best interests of another party with whom they have a professional relationship
  • Defamation – where the Insured unintentionally defames by way of the written or spoken word
  • Intellectual Property – where the Insured unintentionally infringes a copyright or trademark
  • Loss of Documents – where the Insured loses any document (electronic or otherwise) entrusted to them