Reputation matters. Protect it.
If your advice or services lead to financial loss or damage for a client, your business could face costly legal claims. That’s where Professional Indemnity Insurance (Professional Indemnity) comes in.
At Masbro, we’ve been helping Gibraltar’s businesses protect their professional reputations since 1985, offering tailored insurance solutions that keep you covered when it matters most.
No matter how skilled or experienced you are, there’s always a risk that something could go wrong. Whether it’s a missed deadline, a miscalculation, or an overlooked detail, Professional Indemnity Insurance ensures that your business is financially protected against claims of negligence, errors, or omissions.
It provides peace of mind for professionals across a wide range of industries, including consultants, architects, accountants, and more.
At Masbro, we understand that every profession faces unique risks, and our Professional Indemnity Insurance policies are tailored to suit your specific needs. Whether you’re a sole trader or part of a larger firm, we’ll work with you to ensure you’re protected against the financial impact of claims.
With four decades of experience, Masbro is Gibraltar’s trusted insurance broker, offering expert advice tailored to your business needs.
We know that every professional has different requirements, which is why we offer customised Professional Indemnity policies designed specifically for your industry and business needs.
Our Professional Indemnity Insurance offers comprehensive coverage at competitive rates, ensuring you get the protection you need without straining your budget.
Professional Indemnity Insurance provides coverage for legal claims made against your business due to professional negligence, errors, or omissions. It covers legal fees and compensation payments to clients who suffer financial losses as a result of your services.
Any business or professional that provides advice, consultancy, or services to clients should consider Professional Indemnity Insurance. This includes consultants, architects, accountants, IT professionals, and others who could be held liable for mistakes that cause financial loss to clients.
Professional Indemnity Insurance covers legal fees, compensation payments, and other associated costs related to claims of professional negligence, defamation, intellectual property infringement, and breach of confidentiality.
In certain professions, such as law and accounting, regulatory bodies may require Professional Indemnity insurance. Even if it’s not mandatory, it’s highly recommended for any business providing professional advice or services to clients.
The amount of coverage you need depends on the size of your business, the type of work you do, and the potential financial risk involved. We can help you determine the right level of coverage based on your specific needs.
Many Professional Indemnity policies include "retroactive cover," which means that if a claim is made against you for work carried out before the policy was in place, you may still be covered, provided the policy is active when the claim is made.
If you face a claim of negligence or a related issue, contact us as soon as possible. Our team will guide you through the claims process, ensuring that your case is handled efficiently and effectively.
Yes, Professional Indemnity Insurance can be combined with other policies, such as public liability or employers' liability insurance, for more comprehensive protection. Bundling policies can also offer cost savings for your business.
We can ensure you get the right coverage.
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