Professional Liability Insurance

In every industry, professionals play a vital role in helping their clients and businesses succeed. In order for them to act with confidence and provide expert advice, it is important that they do not have to worry about unintended consequences. Allianz Commercial recognizes this important need and offers comprehensive Professional Liability Insurance (also known as Professional Indemnity Insurance) to protect managers and professionals against potential losses arising from breaches of their professional duties.

Our tailored professional indemnity insurance not only gives professionals the freedom to make informed decisions, but also acts as a robust safety net in the event that they inadvertently make errors or omissions in the course of their work. We know that even with the utmost care and dedication, mistakes can happen and it is our job to protect our clients from the financial consequences of such situations.

What are Professional Liability Insurance solutions?

Allianz Commercial will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions. The products and services described on this page may not be available in all locations. This is for your general information only.

Large businesses

Part of our suite of Financial Lines solutions, our Professional Liability Insurance (also known as Professional Indemnity or PI Insurance, or Errors and Omissions insurance) provides robust and flexible protection for a variety of professionals, including architects, engineers, business consultants, estate agents, lawyers, and translators, as well as those working in communications, new media, and digital.

We can offer Professional Liability solutions backed up by industry-leading financial strength, as shown by our ratings. What's more, we're able to offer truly global reach, with Allianz Commercial teams in underwriting and claims centers around the world as part of a global network servicing customers in more than 200 countries and territories.

Risks covered with the Professional Liability Insurance

civil liability actions as a result of negligent duty or omission
mitigation (covers costs to mitigate a claim)
unintentional breach of intellectual property rights
unintentional breach of confidentiality
libel or slander

dishonest, fraudulent or malicious acts or omission by any former or present employee
innocent non-disclosure
joint ventures
loss of documents
fitness for purpose (construction policies)

Actively growing

From smaller and to large size companies with international subsidiaries
Offering across all Professions

Primary and excess positions
Ability to offer multi-product solutions in the Construction industry

Options of coverage of the Professional Liability Insurance

Commercial PI (includes Accountants, Architects, Engineers, Insurance Brokers, Solicitors, Surveyors)

Special Projects PI

Restrictions in Professional Liability Insurance

Large lawyers, construction and accountants companies
Surveyors

SPPIs

Contact our experts for large businesses

Mid-sized businesses

The Allianz Commercial approach has now been introduced in the first markets (Australia, France, Germany and United Kingdom). With a globally consistent underwriting and product approach, a strong local delivery through one team, a wider risk appetite and a seamless delivery, Allianz Commercial plays the full Commercial market. This approach will be further implemented across other markets globally in the coming months.

Australia

Professional Indemnity Insurance

We provide robust and flexible protection for a variety of professionals of businesses from claims by their own company as well as from third parties. Compliance with the local level of cover in all territories.

Germany

Offered by
Allianz Versicherungs AG

Professional Indemnity Insurance for businesses

We protect professionals such as lawyers, auditors or accountants and their business from the financial consequences of professional errors.

Secure your Professional Indemnity Insurance for businesses now

United Kingdom

Offered by
Allianz Insurance plc

Financial Lines Insurance | Mid-sized businesses

We offer directors & officers and professional indemnity products for UK based mid-sized businesses, traded via our specialist regional hubs.

Get your Financial Lines Insurance

Offered by
Allianz Insurance plc

Digitally traded products | SME customers

A range of products for small to medium UK businesses is available through our trading solution QuoteSME or via imarket and major software houses.

Explore our digital traded products

Report

Allianz Risk Barometer 2024

The most important corporate concerns for the year ahead, ranked by 3,069 risk management experts from 92 countries and territories.

Global I Press release

A cyber event is the top global business risk

Allianz Commercial publishes the 13th annual survey of key business risks around the world, according to 3000+ respondents.

Allianz Risk Barometer 2024 | Expert risk article

Risk in focus: Climate change

Climate change (18%) may be a non-mover year-on year at #7, but this risk’s importance is clearly also reflected in natural catastrophes’ rise in the rankings.

Allianz Risk Barometer 2024 | Expert risk article

Risk in focus: Market developments

Protectionism is one of three paradigm shifts identified as being behind market developments (13%) rising to #9.

Allianz Risk Barometer 2024 | Expert risk article

Risk in focus: Cyber incidents

Cyber incidents is the top global risk in the Allianz Risk Barometer – for the first time by a clear margin (36% of responses, 5 percentage points ahead).