what we offer
What is Professional Indemnity (PI) Insurance
Professional indemnity is a type of insurance that covers the cost of compensating a client or customer for loss or damage resulting from negligent services or advice provided by a business or an individual.
what we offer
Do you need Professional Indemnity Insurance?
If you offer advice, consultation or specific skills as part of your profession, then you should strongly consider taking out Professional Indemnity Insurance.
Some professions are required to have professional indemnity insurance by their representative bodies or regulators including:
- Financial Advisors
- Chartered surveyors
How does it protect you?
Professional indemnity insurance protects you against claims for loss or damage if a client or customer makes a claim against you as a result of poor advice or bad service you may have provided.
Compensation claims can be brought against you even if you provided a service or offered advice for free.
Here at DB Wood, we have a wealth of experience in providing the most appropriate Professional Indemnity insurance based on our clients’ needs and potential industry risks.
Contact us today to discuss Professional Indemnity insurance in more detail and we would be happy to provide you with a bespoke quote based on your circumstances.
Our independent insurance broking team centres their expertise around you.
We are committed to taking the time to understand you and your insurance needs
We can be assured we only work with financially secure and service driven insurers
We will review your insurance renewals annually with our insurer panel making sure you get possible outcome
We will always be up front about how we are remunerate for our service
We are here to support your insurance needs every day and not just at renewal time
We will support, advise and guide you in the event of a claim
It’s easy to get started
Whether you’re new to insurance or need a brush up on your coverage options, we’re here to help you
Arrange a first meeting by whichever method will suit you best. Whether that be face to face, over the telephone or via Teams.
After this, we will approach our wide panel of insurers guaranteeing that their service levels and premiums match the needs of you as a client.
We will then arrange a follow up meeting discussing how best DB Wood are able to help you as your insurance broker and also detailing the feedback provided by the insurers.
You will benefit from having a team of experienced industry professionals on hand to deal with any amendments to your business, offer risk advice and help deal with any claims that may arise.
Explore our clients review...
"Andrew Thomas has overseen our portfolio of insurance accounts for the last 5 years+, his professionalism and efficiency builds confidence knowing that you are getting the right insurance products for the best price. His knowledge and experience of navigating the market and subsequently dealing with queries is exceptional. I thoroughly recommend all looking for light in this often daunting arena to utilise his services."
Midland Based Recruitment Company
“At a time when our current insurer was unable to help us, Daniel intervened to ensure our business remained fully protected, alleviating all of our worries”
Midlands Based Windows and Conservatory Manufacturer
“We entrust Daniel with all of our personal insurance policies as he always sources the correct covers for our needs and acts in a timely manner”
Personal Cover Private Client
"Ange at DB Wood has handled our business Insurance needs for a number of years – she is approachable, professional and has always resolved our insurance and claims matters promptly."
Midland Based Electrical and Mechanical Services
We provide truly independent, reliable, high quality insurance services