Insurance for professional advice, services and specialist liability.
Professional practices and businesses whose work, advice or expertise creates specialist liability exposures may need a more considered insurance structure. Acrusure can assist with reviewing the risk and approaching suitable specialist markets where appropriate.
Professional indemnity starts with understanding the services provided, the practice and the circumstances around the professional risk.
Professional risk needs to be understood before it is placed
Acrusure considers the nature of the professional practice, its activities, existing insurance arrangements and areas of liability before recommending an insurance structure.
Understanding the professional practice
The nature of the practice, its activities and the way it serves clients are important parts of the risk review.
Reviewing the wider exposure
Existing arrangements, policy structure, changes in circumstances and potential gaps are considered before placement.
What we help you review
Professional services
Review the nature of the professional services and the activities that create the exposure.
Existing arrangements
Consider current insurance, policy structure, limits, exclusions and areas requiring further investigation.
Liability exposure
Identify areas of professional liability and risk that may need specialist consideration.
Changes in circumstances
New services, clients, staff, locations or contractual requirements can change the insurance requirement.
Market access
Where appropriate, suitable insurers and specialist underwriting markets can be approached.
Ongoing review
Professional risks can change over time, so arrangements should be reviewed as circumstances change.
Our approach to professional indemnity
Acrusure follows a structured insurance journey, with the particular risk, underwriting requirements and client circumstances considered throughout.
Understand
We begin by understanding the client, their assets, activities and areas of risk.
Review
Existing insurance arrangements are reviewed to identify gaps, duplication, inappropriate structures or areas requiring further investigation.
Source
Where appropriate, suitable insurers and specialist underwriting markets are approached.
Compare & advise
Available options are considered in relation to cover, price, excesses, limitations, exclusions and the client’s requirements.
Implement
Once the client has made an informed decision, we assist with implementation and policy administration.
Maintain
We assist with amendments, policy administration, renewals and changes in circumstances.
Claims assistance
When a loss occurs, we assist the client in navigating the claims process and engaging with the insurer where necessary.
Professional indemnity FAQs
What is professional indemnity insurance?
Acrusure’s specialist offering includes Professional Indemnity Insurance for professional risks. The exact suitability, structure and protection depend on the particular risk and insurer underwriting requirements.
Can an existing professional indemnity policy be reviewed?
Yes. Acrusure can review existing insurance arrangements, policy structure, changes in circumstances, potential gaps, duplication and areas requiring further investigation.
Who should consider specialist professional cover?
The need depends on the nature of the professional practice, its activities and liability exposures. Acrusure can assess the particular requirement.
Can Acrusure approach specialist underwriting markets?
Where appropriate, Acrusure can approach suitable insurers and specialist underwriting markets, subject to insurer appetite and underwriting requirements.
Need to review a professional risk?
Speak to Acrusure about your existing arrangements or a new requirement. We can assess the risk and consider appropriate markets where available.
Speak to Acrusure