Professional Indemnity

Professions like Accountants, Architects, Engineers, Lawyers and Insurance Brokers are highly regulated by local authorities and in many cases these professions are legally required to have professional liability insurance in place.

If you are a professional, your reputation is everything and maintaining this reputation is critical. In the event of a claim, our claims team will conduct the claim process efficiently and discreetly to safeguard our Insured's reputation.

As a consequence of globalisation, when tendering for business overseas companies (especially those in the US, Europe, UK, and Australasia), professional service providers in Southeast Asia and China are increasingly subject to having professional liability insurance as one of the pre-requisite requirements.

AIG’s Professional Liability insurance aims to remove the financial burden for the professional service provider. This helps to minimise the fear of economic loss and provides peace of mind which enables the professional to focus on what’s important – servicing their clients.

A single claim can ruin a business financially since litigation can be expensive, time-consuming and resource-consuming. AIG's Professional Liability insurance will provide protection for you when faced with such claims.

The increasing economic interdependency and culture exchange between the West and the East is contributing to higher claims awareness among professionals like yourself. The rapidly escalating number and size of professional liability claims demonstrate the litigious environment in Southeast Asia and China.