Professional Indemnity

An individual approach to protecting your practice’s financial security


AIG has a wealth of experience and knowledge to serve your business. Read our Capability Guide to see how we can help you.


Contractual Obligations

As a consequence of globalisation, professional service providers in Southeast Asia & China are increasingly finding professional liability insurance as one of the pre-requisite requirements when tendering for business with overseas companies, especially where contracts are awarded by clients based in the US, Europe, UK and Australasia. This is driven by the litigious environment that exists in such territories.

Customer Protection

AIG’s Professional Liability insurance aims to remove the financial burden for the 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 client.



Financial Protection

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.

Litigation Environment

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.

Reputation Protection

If you are a professional, your reputation is everything and maintaining this reputation is critical. If a claim does arise, our claims experts will provide assistance in the management of a positive relationship between you and your client so as to mitigate the damage to your reputation.

Who is it for?

        We have the following Insurance solutions that address the Professional Liability exposures faced by professionals in a variety of industries.


  • Accountants                                    
  • Architects and Engineers
  • Business Process Outsourcing/Call Center
  • Employment Agencies
  • Insurance Brokers
  • Management Consultancy Firms
  • Multimedia Firms
  • Property Managers
  • Surveyors and Real Estate
  • Teaching Organisation
  • Technology
  • Telecommunications
  • Travel Agents
  • Others - If you have other profession classes which does not falls within the above listing, please do not hesitate to contact us to find out more

What is covered?*

Professional Liability

Provides cover for any actual or alleged breach of duty, negligent act, error, omission, misstatement, misleading statement, breach of warranty of authority committed in good faith, or breach of confidentiality which occurs in the performance of or failure to perform Professional Services.


Provides cover for any actual or alleged libel or slander committed without malice by reason of words written, spoken or broadcast in the course of providing Professional Services.

Intellectual property rights infringement

Provides cover for an unintentional infringement of any intellectual property right of any Third Party, other than patents.

Loss of documents

Provides cover for the damages due to destruction or damage to, or loss, distortion, erasure or mislay of a Third Party’s Documents for which the Insured is legally responsible, provided that the destruction or damage to, or loss, distortion, erasure or mislay of such Third Party's Documents.

Dishonesty of employees

Provides cover to the Insured (who is not the actual perpetrator) for any fraud or dishonest conduct of an Employee.

Defence costs

Means reasonable fees, costs and expenses incurred by or on behalf of the Insured in the investigation, defence, adjustment, settlement or appeal of any Claim.


- This is not a contract of insurance. All benefits and coverages are subject to the policy terms, conditions and exclusions and to the limits indicated under the selected plan (if any).

- Please ensure you read carefully and understand the insurance coverages and conditions prior to making a decision.