Professional Indemnity Insurance also known as Omissions and Errors, is an insurance that protects the insured professional against claims that a professional service provided, resulted in financial loss to the client due to errors or omissions or failure to perform or complete a service. This type of protection is not part of any general liability insurance.

Even the most diligent professional runs the risk of making mistakes. Professional Indemnity insurance allows you to continue practicing your profession and at the same time have a  peace of mind.


The policy covers

 The Insured’s legal liability from his negligent acts or omissions in relation to his professional activities


The policy is addressed

 To all Chemists and Chemistry



The Insured’s legal responsibility for paying compensation to his clients and other persons for claims related to his breach of professional duties due to his negligent act or omission

Defense Expenses authorized by the Company


Frequent questions

 Is Professional Liability Insurance mandatory?

 Mandatory is an insurance that a law or regulation imposes on individuals or businesses. In Cyprus, Professional Liability insurance is mandatory for the following occupations.


For the issuance of their license to practice their profession:

Insurance intermediaries

Real estate agents



Based on the manual of the Association of Chartered Accountants of Cyprus (SELC):




Based on decision of the Health Insurance Organization (GESY):

Health care service providers

In addition to:

Research companies

Insolvency consultants



The above information may differ from one Insurance Company to another. Depending on the insurance policy that will be proposed to you, you will get all the relevant information you need, so that you can decide on your own choice. Request our offer today. Based on your own insurance needs and budget, we will choose the right insurance for you.