Protect your professional services with comprehensive professional indemnity insurance from Lockton. Tailored coverage for your unique business needs.

PRODUCTS AND SERVICES

Professional Indemnity Insurance

Our experience and market access makes the difference

In a highly litigious world, the advice that professional services businesses provide to their clients is increasingly open to challenge. Our experienced team of practitioners is dedicated to helping you manage and mitigate that risk, offering a range of tailored professional indemnity insurance and risk management services to protect your business.

Our clients come in all shapes and sizes, from small boutique practices to some of the largest in the world. Globally, we work with 30 of the top 100 law firms, eight of the top 20 largest ranked engineering and construction firms, as well as representing industry associations including the Association of Chartered Certified Accountants, The Law Society of Scotland and, our professional peers, British Insurance Brokers’ Association.

Utilising lasting relationships with highly-rated insurers across the globe, we also offer our clients exclusive access to insurance capacity and facilities for a variety of professions, including accountants, insurance brokers, IFAs, solicitors and surveyors.

What we bring

Who we work with

  • Accountants

  • Architects, engineers and contractors

  • Insurance brokers

  • IFA's

  • Recruitment/ umbrella companies

  • Solicitors

  • Surveyors

  • Emerging professions such as IT and business consultancies

Our services

  • Professional indemnity insurance

  • Multi-year single project professional indemnity

  • Cyber liability insurance

  • Management liability insurance

  • Crime insurance

  • Regulatory response insurance

  • Asset protection insurance

  • Package office insurance (Lockton Office Guardian)

  • Risk management advice, training and consultancy

Lockton Professional Indemnity Insurance Contacts

Placeholder image

Sebastian Nergård

Vice President
sebastian.nergard@lockton.com
+47 480 75 463

News and Insights

Lockton Norway continues to strengthen its position within emerging opportunities with the appointment of Stein Halstensen as Biological Risk Specialist.Lockton Norway strengthens its Emerging Opportunities offering with hire of Stein Halstensen

P&I renewals: Economic volatility forces clubs’ tough stance on general increases

The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.

Political Violence Market Update 2026

A softening market for Political Violence (PV) Insurance is a welcome sign for buyers, following a prolonged hard period. An influx of approximately £350m of new capacity via Lloyd’s syndicates and specialist underwriting agencies is driving competition, enabling brokers to market accounts more widely and deliver premium savings to clients.

But it's not all straightforward. While the years prior to 2022 saw a high volume of claims relating to civil unrest, the market has since been dominated by larger-scale incidents of political violence – forcing insurers to adapt their strategies. For buyers, this introduces complexity: S&T policies are now unlikely to offer indemnity against some of the most common threats of the last three-to-five years. This being the case, more buyers may gravitate towards the broader scope of Political Violence cover.A softening market for Political Violence (PV) Insurance is a welcome sign for buyers, following a prolonged hard period. An influx of approximately £350m of new capacity via Lloyd’s syndicates and specialist underwriting agencies is driving competition, enabling brokers to market accounts more widely and deliver premium savings to clients.

But it's not all straightforward. While the years prior to 2022 saw a high volume of claims relating to civil unrest, the market has since been dominated by larger-scale incidents of political violence – forcing insurers to adapt their strategies. For buyers, this introduces complexity: S&T policies are now unlikely to offer indemnity against some of the most common threats of the last three-to-five years. This being the case, more buyers may gravitate towards the broader scope of Political Violence cover.

Dag Sandberg joins Lockton as Client Executive, Energy, Renewables and Complex Risk

Oslo, 16 February 2026 – Lockton, the world’s largest independent insurance broker, has appointed Dag Sandberg as Client Executive, Energy, Renewables and Complex Risk, for Lockton Norway.Oslo, 16 February 2026 – Lockton, the world’s largest independent insurance broker, has appointed Dag Sandberg as Client Executive, Energy, Renewables and Complex Risk, for Lockton Norway.
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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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