Close up of a wooden gavel strucking a wooden block by a hand.

Who actually needs Professional Indemnity Insurance?

  Professional Liability or Professional Indemnity (PI) coverage is designed to protect traditional professionals (e.g. physicians; engineers; accountants) and quasi-professionals (e.g. real estate brokers; mortgage brokers) against liability incurred as a result of errors and omissions (E&O) in performing professional services for clients or customers.   Another way of thinking of this is where one…