Professional Indemnity Overview

As a Lloyd’s Syndicate and a company market, Starr Underwriting Agents offers Professional Indemnity insurance for a wide range of professions, with particular expertise in clients who operate internationally, as well as domestically. At Starr, we specialize in mid-market to large corporate risks and are able to consider these on a Primary or Excess basis. We have an experienced team of underwriters who are available at Lloyd’s or by appointment, with the capability of making immediate decisions for risks in scope.

Target Risks

We are able to consider the below professions on either Primary or Excess on an international basis:

  • Accountants – Particularly if limited exposure to audit plc work and/or tax mitigation work
  • Architects – Generally those specialising in standard builds across commercial and residential sectors
  • Engineers – Generally those specialising in standard builds across commercial and residential sectors but with limited exposure to geo-technical or foundation work
  • Design & Construct – General contractors specialising in standard builds across commercial and residential sectors but no appetite for cladding specialists
  • Insurance Brokers – Considered at minimum attachment of USD 10m for commercial brokers
  • Lawyers – Will consider international law firms but UK firms are exclusively written via facilities with key broking partners
  • Miscellaneous – Any profession outside traditional professions considered
  • Single Project Professional Indemnity – Written solely via specific long term broker partner relationships
  • Highlights

    • Primary or Excess limits available
    • Coverage written on an any one claim basis or aggregate basis, dependent on profession and territory
    • Coverage available for international exposures via our Lloyd’s Syndicate platform
    • Syndicate and company capacity available, dependent on your clients licensing requirements
    • Underwriters who are experienced in meeting clients and are extremely knowledgeable particularly if accounts are challenging
    • Dedicated and experienced claims expertise, confident in client and broker partner meetings
    • “A” (Excellent) A.M. Best Rating

    Excluded Classes

    • Medical Malpractice
    • Primary Property Surveyors or Valuers
    • Independent Financial Advisor’s
    • Actuaries
    • Excess of 40% US Work