An individual approach to protecting your practice’s financial security
Each day professionals need to make decisions and some of these may be questioned, perhaps as long as years afterwards. In essence, Professional Liability allows whole the practice team to do their jobs without constantly having to look over its shoulder.
Professional liability insurance covers claims that are actually made while the policy is in force, even if the error causing it happened years ago. So it should be kept up to date; otherwise there’s no protection against the undiscovered consequences of work done in the past.
We insure a broad range of professional activities and recognise that the areas of risk or grounds for complaint are often quite different between them. That’s why our policies are designed around the real needs of particular classes of professions – ranging from individual contractors to large firms.
We have a proven track record of defending allegations against professionals. Our claims teams are Professional Liability specialists and understand the value of a rapid response, the sensitivity of commercial relationships and the importance of mounting the strongest possible defence.
As noted, AIG offers solutions across professional classes and business size:
Cover is given for unlawful acts, real or alleged, committed in the exercise of their profession, including: