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Professional Indemnity

PI Insurance is the primary insurance purchase for our clients. They value our industry specific knowledge, insurance expertise and ability to create bespoke solutions with competitive premiums.
Professional Indemnity

What we offer

Providing professional advice or services could make you liable for claims from third parties, including clients, shareholders and creditors. Allegations commonly stem from breach of professional duty or trust but can also include breach of confidentiality, defamation and loss of documents.

Professional indemnity claims are proliferating and the cost of defending a claim can be substantial. A Professional Indemnity (PI) policy provides a cost-effective mechanism for transferring your exposure to PI claims.

Cover is mandatory for many professionals including alternative investment managers, mortgage intermediaries and independent financial advisers. It is, also, commonplace for other professionals to purchase this cover both to protect themselves and because it’s frequently a contractual requirement for entering a new trading relationship.

Our clients benefit from our knowledge and expertise and access to a broad range of insurers, including specialist markets. This allows us to create bespoke solutions with competitive premiums.
Professional Indemnity

Key Contacts

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Sebolelo Mhlongo

Relationship Manager
tel: 010 243 0311
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Thuli Ncube

Relationship Manager
tel: 010 409 4015
Professional Indemnity

Why Socovered® Insure

  • Specialist PI broker with a wealth of experience
  • Client concentration allows us to benchmark quotes to ensure competitiveness
  • Ensure your business is considered on its own merits
  • Achieve competitive pricing through insurer relationships