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Andreea Tigau

Andreea Tigau

Senior Liability Underwriter

Mobil: +40 72 807 3569

Professional Liability

Professional Indemnity Insurance protects individuals and companies against negligence claims made by their client.

Underwriters of professional Indemnity also bear the legal costs of defending the policyholder in a lawsuit and ultimately any damages awarded by the courts.

It is compulsory by law for certain professions in Romania and Bulgaria to carry Professional
Indemnity insurance and in certain cases with minimum limits of indemnity. Such professions include: doctors, surgeons, notaries, lawyers, financial auditors, IT auditors, insurance agents and brokers.

CertAsig currently insures companies with a diverse range of business activities.

Advantages :

  • Policy wordings adapted to suit specific nature business activity and associated risks
  • Legal expertise and financial support to defend claims of negligence against policyholder
  • Flexibility in offering quotes with different event and annual aggregate limits of cover
  • Add-on policies including Public Liability

Covered risks :

Professional Indemnity protects your company from claims if your client holds you responsible for errors or the failure of your work to perform as promised in your contract.

Coverage includes legal defence costs – no matter how strong the allegations might be.
Professional Liability insurance will pay for any advance payment for legal expenses ( lawyer’s fees) resulting judgments against you, including court costs, up to the coverage limits on your policy.

Petitions/complaints lodged against the company CERTASIG SA and lodged with the Financial Supervisory Authority last 3 months are total of 1 (one). Their structure can be found by visiting the dedicated page here

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