Tiếng Việt
Professional Indemnity (PI) / Errors & Omissions (E&O) Insurance
When advice, design, or services are challenged, PI covers your legal liability for negligence, error, omission, misstatement, or breach of professional duty—including defense costs and damages—so one allegation doesn’t put your firm at risk.
Target clients
- Architects & engineers
- Project/construction managers
- Quantity surveyors
- IT & software/SaaS
- Designers/media/marketing
- Accountants/auditors
- Lawyers, consultants
- Testing/inspection/certification bodies
- Healthcare and other advisory/service firms
Core protections
- Civil liability for professional negligence, errors/omissions, and duty-of-care breaches.
- Legal defense costs, settlements, and judgments (within limits).
- Claims-made wording with retroactive date for past work; optional worldwide territory/jurisdiction.
- Common inclusions: loss of documents/data, unintentional IP infringement & defamation, breach of confidentiality/privacy, and vicarious liability for subconsultants.
Add-on protections
- Project-specific PI, run-off cover after contract or entity closure, extended retroactive date, mitigation/rectification costs, collateral warranty/contract conditions, principal’s/additional insured endorsements, PR/crisis expenses, cyber/privacy extension (where offered), and higher limits for subconsultant vicarious liability.
Results you can expect
- Protect cash flow from defense costs and damages.
- Win tenders and meet client/professional-body requirements.
- Safeguard reputation with fast legal and PR support.
- Confidence to take on larger and more complex projects.
Vietnam Legal Requirements
PI is not universally compulsory. It may be required by law or contract for certain professions (e.g., some construction design/supervision roles and other regulated services). We can confirm the exact requirement for your industry and project.
Property & Casualty Insurance
