Professional Indemnity
Protects professionals and service providers against the financial consequences of negligence, errors, or omissions, and having to bear the full cost of such liabilities arising from their professional duties.
Leppard’s Professional Indemnity (PI) cover is designed to ensure that an unexpected error does not compromise your business. Our product goes beyond basic indemnity cover, offering comprehensive protection backed by over 30 years of technical expertise and exceptional service delivery.
As a recognised PI market leader in the Financial Services Provider (FSP) sector, Leppard is proud to extend its offering to both FIA and non-FIA members. The FIA PI Scheme is arranged as a sub-set of the Marsh facility, with the following qualifying criteria:
- Active FIA membership
- Maximum annual revenue of R75,000,000
- Maximum Limit of Indemnity of R100,000,000
- No CAT II (A) activities
All risks that do not fall within the scope of the scheme will be classified as Open Market placements. This also applies to FIA members who elect not to participate in the Marsh SA facility.
Please note that Leppard will no longer engage directly with brokers on FSP PI risks, such risks must be placed with an independent broker.
Our Team
