Professional Indemnity Insurance

Professional Indemnity Insurance

When Things Go Pear-Shaped – and it’s your fault

If your work involves selling your knowledge, services and expertise to others, then Professional Indemnity insurance (PI) is a must. It’s an essential piece of armour for anyone who could be sued for making a mistake.

In this everything-by-yesterday world, even the most respectable company can find itself in dispute with a client over an error, a delay or alleged breach of contract. 

PI insurance provides indemnity for losses you are legally liable for if you make a mistake or are negligent, or if your product or service is defective, inadequate or fails to perform.

What if...

Allegations are unexpectedly made against your business for:

  • Negligence or breach of duty of care.
  • Negligent mis-statement & defamation – unwitting or intended comments.
  • Infringement of intellectual property rights including copyright, performance and broadcasting rights.
  • Breach of contract.
  • Dishonesty of your partners, directors, employees or freelancers.

Failure to defend your business adequately could cause irreparable reputational damage - not to mention the financial implications.

Professional Indemnity insurance helps with:

  • Indemnification and Defence costs: legal expenses cover to defend your cause in a dispute - right through to the High Court, if necessary.
  • Rectification: The insurer may pay to rectify the problem to mitigate costs and avoid an expensive liability claim.
  • Outstanding fees: If a dissatisfied client threatens legal action and defaults on fee payment, the policy can cover outstanding fees.

We can help you review your contractual obligations to identify the extent of indemnities that your clients require.

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“Glad we've gone with you - service has been really prompt and professional.”

D. Oliver, Venue

 

Ready to work with us?

You can call us to talk more about your business on +44 (0)1223 200650 or +44 (0)20 3865 0149

What's Covered?

Monthly Payments
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About La Playa Arts & Entertainment

Specialist & Independent

Specialist & Independent

The arts present a very specific set of risk exposures – and now your digital and online risks can expose you globally. We understand the risks and pressures you face - and we speak your language. We’ll support you with great advice - helping you make good decisions for your organisation.

Our exclusive portfolio policies can help streamline costs, and we’ll always help you stay ahead of the game in managing risk. The show must always go on - insurance isn’t just about processing a claim, it’s about thinking laterally to solve challenges and problems fast.

At La Playa, we’re passionate about the arts and creative industries – many of us are practitioners and active consumers; in fact, La Playa founded the first ever corporate art collective!

In-house IFA

We also offer Business Protection (including Key Person Insurance) and Employee Benefits: a joined up approach with a team of advisers working for your best financial interests - all under one roof

Advice You Can Trust

…from an expert who understands you

  • Specialist insurance for entertainment and the arts
  • Independent professional advice
  • Relationship-based service: right beside you when you make a claim
  • “Can do” culture
  • Seamless insurance across UK and US

Premiums start from £560 inclusive of IPT

What does “Boutique Service” actually mean?
La Playa’s Personal Risk Concierge means:

  1. A dedicated adviser so you can speak to the same person each time
  2. Careful listening to really understand your needs and priorities
  3. As much help as you need with completing forms to provide risk information
  4. A discreet and complimentary appraisal* of your property to assess the risks and ensure you have the right cover where you need it
  5. An independent market review - so you don’t have to shop around comparing policies, cover limits, risks covered and smallprint exclusions
  6. Careful monitoring of the insurers’ financial strength, claims and customer service
  7. An independent recommendation of the best policy for you - and, importantly, why
  8. Specialist policy wordings from underwriters who have demonstrated excellence and deep understanding of your risk exposures. We have analysed a wide range of policy wordings and have selected only the best for our panel. Our advisers have a deep working knowledge of these policies 
  9. An intelligently designed portfolio of protection across multiple asset classes and territories
  10. Advice on how best to manage your risks - to keep you safe but also to keep insurance costs down
  11. Expert guidance on valuations, security and risk management, and connecting you with specialist advisers and suppliers
  12. Direct phone, mobile and email access to your adviser for questions and advice. We aim to respond to emails within 60 minutes
  13. Policy documents emailed to you - no logins and passwords to remember
  14. An advocate beside you if you make a claim - thinking laterally to mitigate the impact, making useful connections to get you back up and running; driving through to a swift and fair financial settlement

Oh, and...

  • No call centres
  • No ‘hold’ music
  • No hidden fees

*subject to availability with our insurer panel

 

Photo from Arts & Entertainment
Photo of Catherine Lineham Dip CII

Catherine Lineham Dip CII

ACCOUNT EXECUTIVE

Direct Dial: +44 (0) 1223 200657

Mobile: +44 (0) 7876 825571

Email: catherine.lineham@laplayainsurance.com

Twitter: @CatherineLatLP