Professional indemnity: supporting professionals and companies
In the course of its business, a company or a professional may at any time cause harm to a third party, in particular one of its clients. This is where professional liability insurance comes in, an essential guarantee to secure a company against this risk. Recommended for many activities (in…
In the course of its business, a company or a professional may at any time cause harm to a third party, in particular one of its clients. This is where professional liability insurance comes in, an essential guarantee to secure a company against this risk. Recommended for many activities (in particular service companies, consultancy firms or trustees), professional liability insurance is even mandatory for certain regulated professions. This is the case for lawyers, notaries, estate agents, bailiffs, loss adjusters, insurance agents and health professionals.
Risks covered by professional indemnity insurance
Professional indemnity insurance is directly related to carrying out the company’s business, and covers all damage potentially caused to a client in the course of doing business. For example, an IT consulting firm could be held civilly liable after a service that causes a malfunction in the client’s information system.
This damage, which is often intangible, can be caused by the head of the company themselves, an employee, a subcontractor or a tool or software used by the company.
Whether caused by action, negligence or carelessness, professional indemnity insurance will remedy the injury suffered by the client.
A team of loss adjusters specialising in professional indemnity
The Stelliant group brings together a constellation of loss adjusters capable of intervening on all the guarantees included in the framework of Civil Liability insurance, for individuals, professionals and companies.
As soon as an assignment is received, a loss adjuster specialising in professional liability insurance is appointed to accompany, represent, listen to and answer the questions of the company whose liability is being sought. Thanks to optimised file management, the company or the professional in question can follow the progress of the expertise.
Whether remotely or on site, depending on the complexity of the dispute, our loss adjuster specialises in Civil Liability and analyses the causes, circumstances and events leading to the loss, in order to determine the responsibilities involved, and to determine the quantum of the damages claimed. Aware of the repercussions and the sometimes legal prospects of a dispute between a company and its client, our loss adjuster specialists make it a priority to handle their assignments in an amicable framework to avoid any legal drift.
A set of skills for professional indemnity insurance
In order to provide a clear and detailed response to its professional insurance clients, the Stelliant Group combines technical know-how and legal expertise of its specialist loss adjusters in order to intervene in Professional Liability, whatever the sector of activity and the type of claim: consulting, finance, banking, insurance, IT, telecommunications…
In addition to its expertise, the Group offers a range of complementary services that form part of a global and modular offer covering the entire risk chain. For example, we support insurers, brokers and companies or professionals (a mutualist is an insurer, so there is no need to add them) in managing their volume of cases with a subsidiary dedicated to delegated management, capable of handling each assignment from its inception to its resolution.
From delegation to prevention, from investigation and crisis management to post-loss repair solutions, the Stelliant group offers customised solutions for all types of claims, from simple to complex or high-stakes cases.