PROFESSIONAL RISK
Professional Indemnity Insurance for Advice and Service Risk
Professional indemnity responds to claims alleging mistakes, negligence, omissions or breaches in professional services.
Search intent
PI insurance has traps that ordinary business packs miss
Professional indemnity is commonly claims-made, so timing, retroactive dates, continuity, exclusions and notification duties can be just as important as premium.
For professionals whose advice, design, consulting or technical service could lead to financial loss claims.
Retroactive date gaps
A policy may not respond to work performed before the retroactive date, even if the claim arrives today.
Contractual liability
Client contracts can require higher limits, broader wording or cover extensions that are not automatic.
Civil liability wording
Different PI wordings can respond differently to negligence, misleading conduct, defamation or intellectual property issues.
Cover structure
Professional indemnity features we compare
We look beyond the headline premium and focus on policy response, continuity and real professional exposure.
Negligence and omissions
Claims alleging errors, omissions, breach of professional duty or failure to deliver agreed services.
Defence costs
Legal costs and expenses associated with defending covered allegations.
Retroactive cover
Continuity for prior professional work, subject to policy terms and insurer acceptance.
Extensions and exclusions
Review of consultants, subcontractors, documents, privacy, intellectual property and contractual restrictions.
Who it helps
Professionals we commonly help
Broker process
How BOK reviews PI cover
Map professional services
We clarify what advice, design, reports, certifications or services are being provided.
Check continuity
We review retroactive dates, known circumstances and continuity before moving insurers.
Compare wording
We compare policy language, endorsements and exclusions against your contracts and occupation.
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Open pageFAQs
Common questions about professional indemnity
Is professional indemnity mandatory?
It depends on your profession, licence, association requirements and contracts. Many clients require it even when legislation does not.
What is a claims-made policy?
Professional indemnity usually responds based on when a claim is made and notified, not simply when the work was performed. Continuity and notification duties matter.
Can PI cover subcontractors?
Sometimes, but it depends on the wording and the role of subcontractors. We check this where outsourced work is part of the business model.
With B Ok, you'll be OK
Need this cover reviewed?
Tell us what your business does, what you already have in place and what contracts or assets need protecting. We'll help you compare suitable options.