Professional Liability Insurance

Professionals in every industry need the freedom to act and advise in the best interests of their clients and business without the fear of unintended consequences.

Allianz Global Corporate & Specialty's (AGCS) Professional Liability Insurance (also known as Professional Indemnity Insurance) provides that freedom by protecting managers and professionals from losses arising out of a breach of their professional duties.

Product description

Part of our suite of Financial Lines solutions, our Professional Liability Insurance (also known as Professional Indemnity or PI Insurance, or Errors and Omissions insurance) provides robust and flexible protection for a variety of professionals, including architects, engineers, business consultants, estate agents, lawyers, and translators, as well as those working in communications, new media, and digital.  

We can offer Professional Liability limits of up to €20 million, backed up by industry-leading financial strength, as shown by our ratings. What's more, we're able to offer truly global reach, with AGCS teams in underwriting and claims centers around the world as part of a global network servicing customers in more than 200 countries and territories.

Risks covered
  • civil liability actions as a result of negligent duty or omission
  • mitigation (covers costs to mitigate a claim)
  • unintentional breach of intellectual property rights
  • unintentional breach of confidentiality
  • libel or slander
  • dishonest, fraudulent or malicious acts or omission by any former or present employee
  • innocent non-disclosure
  • joint ventures
  • loss of documents
  • fitness for purpose (construction policies)
Allianz Global Corporate & Specialty provides comprehensive and tailored professional indemnity solutions for a wide range of clients, with a particular focus on:
  • From small to large size companies with international subsidiaries
  • Offering across all professions
  • Primary and excess positions
  • Ability to offer multi-product solutions in the construction industry
  • Commercial PI (includes accountants, architects, engineers, insurance brokers, solicitors, surveyors)
  • Special projects PI
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.

Allianz Risk Barometer

  1. Cyber incidents (45%) - 2022 rank: 1 (45%)
  2. Macroeconomic developments (26%) - NEW
  3. Changes in legislation and regulation  (21%) - 2022 rank: 2 (27%)
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.