indemnity

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in·dem·ni·ty

(in-dem'ni-tē)
The agreement between an insurance company or other financial entity to underwrite the expenses incurred by a policyholder for covered services.
References in periodicals archive ?
Total Insurance is a commercial insurance broker that specialises in solicitors professional indemnity insurance.
They should also check how long the will writer has been in business, what qualifications they have and whether they have comprehensive professional indemnity insurance.
Being based directly opposite the Lloyds Building gives our Prime partners immediate access to the whole of the professional indemnity market.
Other clients include Royal & SunAlliance, ACE Global Risks and Alexander Forbes and Mr Palmer said: "The unrivalled growth of the department and its recognition as a leading national professional indemnity firm means it is leading the way in winning work for the region from insurers across the UK.
Commenting, Kevin Burke, representative for solicitors professional indemnity insurance brokers Total Insurance, said:
com has added a new market research report: Professional Indemnity Insurance in the UK, Key Trends and Opportunities to 2017 http://www.
Zurich's Professional Indemnity product has been designed to meet the requirements of legal and other professionals working in the region, allowing them to focus on their daily responsibilities, reassured that they have sufficient cover in place to protect their assets and those of their employer should they ever face litigation from a third party.
A former president of Birmingham Law Society has joined Greewoods Solictors to head up its new professional indemnity group.
An accredited mediator, he is also the panel solicitor on most of the leading Professional Indemnity Insurance Syndicates at Lloyds of London and is "highly recommended" by the Legal 500.
Mr Price, who is also a prominent professional indemnity specialist, joins the firm's insurance department as a partner.
Senior partner Ian Evans said: "Our objective is to establish a wider presence in the health care, professional indemnity and employment sectors and national units to service public authorities.
Lines of Business: Auto, marine, aviation, catastrophe, professional indemnity, product liability, theft & extortion, dread disease

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