Professional Indemnity Insurance

Professional Indemnity Insurance
When your advice, service, or professional expertise is your product—mistakes can be costly. That’s where Angelic Insurance’s Professional Indemnity Insurance (PI) comes in. Our policies protect professionals from the legal and financial fallout of alleged negligence, errors, omissions, or breaches of duty during the course of their work.
Whether you're a consultant, accountant, architect, engineer, or IT professional, we offer tailored PI coverage that aligns with your regulatory requirements, contract terms, and exposure profile—so you can operate with confidence.
How It Works
Here’s what happens when you’re backed by Angelic Insurance:
A claim is made against you
A client alleges your advice caused financial harm, delay, or breach of contract.
Angelic Insurance steps in
Our legal team investigates, responds to the claim, and defends your reputation.
We pay costs
If you're found liable, Angelic Insurance covers court fees, compensation, and settlements (up to your policy limit).
You keep operating
With expert defence and financial cover in place, your business remains stable. Most Angelic policies offer coverage starting from $1 million and can be scaled to match your risk exposure.
Why You Need It?
You don’t need to be wrong to be sued. Many PI claims arise from miscommunication, unrealistic expectations, or simple errors—even when you’ve done everything right.
Common scenarios:
A marketing agency faces a defamation claim over an ad campaign
A financial advisor is accused of providing poor investment advice
An engineer is blamed for project delays due to miscalculation
An IT firm is sued for data loss after a software update
Without cover, legal fees alone can cripple a small business. Angelic Insurance ensures your advice is always backed by the protection it deserves.
How Angelic Insurance Can Help?
Angelic Insurance takes a proactive approach to risk, reputation, and compliance. Here’s what sets us apart:
Tailored cover by industry – engineers, real estate agents, medical, legal, finance, design, IT, and more
Automatic retroactive cover for past services (optional)
Run-off cover if you sell or close your business
Fast policy setup – get compliant in 24–48 hours
Claims support by Australian-based professionals
Multi-policy bundles available with public liability or cyber insurance When things get complex, Angelic Insurance simplifies your response—and strengthens your position.
Challenges Businesses Face Without Professional Indemnity Insurance
Challenges This Product Solves:
Professional Advice Gone Wrong: A single oversight can lead to six-figure claims or litigation.
Contractual Compliance: Many professional service contracts require current PI cover.
Defence Costs: Legal expenses for defending a claim can exceed the actual damages sought.
Reputational Damage: Allegations—even false ones—can impact your business and standing.
Historic Liabilities: Claims can arise years after the original advice or service was provided.
Case Studies: How Professional Indemnity Insurance Helped Real Businesses
Financial Planner Accused of Investment Misguidance
A client alleged a Brisbane-based financial planner caused $80,000 in losses through unsuitable advice. Angelic Insurance covered: $24,000 in legal defence $50,000 in negotiated settlement Full client confidentiality handled professionally 📝 Result: No media fallout, client retained, planner continued practicing.
IT Consultancy Faces Data Breach Allegation
An SME IT firm accidentally exposed client passwords during a platform migration. Angelic Insurance paid for: Crisis communication and notification $18,000 in legal advice $40,000 in data recovery and settlement 📝 Result: Retained contract and reputation intact.