Providers of professional services can find themselves in disputes with their clients and others claiming damages allegedly caused by their services’ failure to meet their expectations or the legal standard of care. Even when these claims have little or no merit, professional firms must pay for a defence against such allegations, and may even find that a settlement is preferable to the uncertainty and expense of protracted litigation.

— PRODUCT

Professional Indemnity

Professional Indemnity

Share

Providers of professional services can find themselves in disputes with their clients and others claiming damages allegedly caused by their services’ failure to meet their expectations or the legal standard of care. Even when these claims have little or no merit, professional firms must pay for a defence against such allegations, and may even find that a settlement is preferable to the uncertainty and expense of protracted litigation.

Wide Array of Clients

Lockton works with a wide array of clients in the professional liability arena, including (but not limited to):

  • Accountants

  • Architects

  • Construction & engineering firms

  • Design professionals

  • Healthcare workers

  • Insurance brokers

  • Independent financial advisors

  • Management consultants

  • Physicians

  • Solicitors

  • Surveyors

Unparalleled Knowledge

Lockton is one of the leading advisors on professional indemnity insurance. We have unparalleled knowledge of the coverage available under professional indemnity insurance policies, and strong relationships with a wide array of top professional indemnity providers

Adding Value

Lockton also offers our customers comprehensive online insurance quote, claim and policy management alongside a wealth of benchmarking and customer information. For an example, please visit www.locktonlaw.com (opens a new window) or www.locktonsolicitors.co.uk (opens a new window)

Key Contacts

Donald
Yeo
Senior Vice President - Singapore, Deputy Head of Global Professional & Financial Risks
+65 8869 8591
Email
Kevin
Wong
Vice President - Global Professional and Financial Risks - Greater China
+852 2250 2886
Email

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Talk to our team

Latest News & Insights

IT outages such as the one involving CrowdStrike are likely to occur more often in the future. Businesses can prepare for such events by quantifying their cyber risk, creating plans that minimize the downtime of critical functions, and securing effective cyber insurance coverage.Protecting your business from IT outages

Protecting your business from IT outages

article
IT outages such as the one involving CrowdStrike are likely to occur more often in the future. Businesses can prepare for such events by quantifying their cyber risk, creating plans that the downtime of critical functions, and securing effective cyber insuran ...
Protecting your business from IT outages

Unlocking the Power of Synthetic W&I Insurance: Navigate the M&A Landscape with Confidence

In the ever-evolving world of insurance, new and innovative products continuously emerge to meet the evolving needs of businesses. One such product that has been making waves in recent years is Synthetic W&I insurance. This groundbreaking form of insurance provides a suite of warranties under a W&I policy, revolutionizing the traditional approach where sellers give warranties under a Sale and Purchase Agreement (SPA).In the ever-evolving world of insurance, new and innovative products continuously emerge to meet the evolving needs of businesses. One such product that has been making waves in recent years is Synthetic W&I insurance. This groundbreaking form of insurance provides a suite of warranties under a W&I policy, revolutionizing the traditional approach where sellers give warranties under a Sale and Purchase Agreement (SPA).

Microsoft/CrowdStrike IT Outage

Microsoft/CrowdStrike IT OutageMicrosoft/CrowdStrike IT Outage

Future-Proofing Tech Deals: The Role of M&A Insurance

Are you up to date with the latest trends in the fast-paced world of Technology M&A? The start of 2024 has brought some exciting developments as buyers and sellers navigate the new market environment. While macro factors like rising interest rates and tightening credit have impacted leveraged dealmaking, there's been a notable shift in focus among private equity (PE) players.Are you up to date with the latest trends in the fast-paced world of Technology M&A? The start of 2024 has brought some exciting developments as buyers and sellers navigate the new market environment. While macro factors like rising interest rates and tightening credit have impacted leveraged dealmaking, there's been a notable shift in focus among private equity (PE) players.
More Articles news and insights

With a global footprint of over 100 offices, there’s sure to be one near you.

Find an office
*100+ Lockton offices and partner offices worldwide
Lockton blue globe