DISTRIBUTOR PRODUCT GUIDE
Complete Professional Indemnity • This guide is for intermediary reference only. • It doesn‘t contain the full terms and conditions of the contract of insurance. • You can find more information about the product within the policy overview. • Full terms and conditions are within the policy documents; you can request to have a copy of these. Product design We’ve provided professional indemnity solutions for over 10 years and work with industry experts such as the Association of British Insurers (ABI), in addition to our global partners across the Allianz Group. We continually draw upon this experience and insight, as well as customer research to ensure our products continue to add value and meet the evolving needs of our professional indemnity customers.
For Intermediary Use Only
This collaboration has helped us to create tailored wordings for our targeted trade sectors which enable businesses to meet regulatory requirements where professional indemnity cover is compulsory, whilst also delivering cover tailored to the needs of other specific trades where cover is optional. Complete Professional Indemnity is a Commercial Lines General Insurance product designed for small and medium-sized enterprises who want who want insurance protection against financial loss claims arising out of negligent advice, design or specification. It also meets the insurance requirements of certain trade bodies, such as the Institute of Chartered Accountants England & Wales (ICAEW) and the Royal Institute of Chartered Surveyors (RICS).
Our Complete Professional Indemnity Product provides tailored cover for 10 specific trade sectors: • • • • • • • • • •
accountants architects construction engineers management consultants media miscellaneous recruitment consultants surveyors technology
The product design provides value as it allows the customer to buy the cover that meets their specific needs, a variety of limits of indemnity, ranging from £100,000 to £2,000,000, along with the trade specific wordings, as detailed above.
ALLIANZ.CO.UK