Professional indemnity

What is professional indemnity?

The insurance covers pure financial losses (pecuniary losses) that a client suffers due to errors in your advice, calculations, or strategies. This applies regardless of whether physical damage has occurred or not.

Why professional indemnity insurance is important

For advisers (engineers, architects, accountants), this insurance is often a requirement. An error in a calculation or an incorrect legal assessment can lead to gigantic compensation claims that far exceed your fee.

The error often arises when the limit of indemnity does not match the value of the projects you advise on. If you advise on a construction project worth DKK 50 million, but are only covered for DKK 2 million, you have a massive problem in the event of an error.

How Leaf helps

• Contract analysis: We ensure that the limit of indemnity always matches the projects you have in your order book (e.g., in relation to ABR18).

• Risk assessment: We find the complex gaps in your professional liability and close them.

• Broker power: In the event of a claim, we handle the negotiation so you get the right coverage and legal support.

Let us analyse your professional indemnity insurance and check if your coverage actually matches the contracts you sign