Professional indemnity (PI) insurance is an insurance cover related to businesses and companies designed to protect the businesses if a client deems work produced or professional advice provided as inadequate.
PI is protection for businesses against claims of professional negligence made by unsatisfied customers. PI is an important cover for most people in business in Dubai and UAE, but vital for those companies that provide advice for a living.
Professional Indemnity Insurance covers legal costs and expenses incurred in your defense, as well as any damages or costs that may be awarded, if a company is alleged to have provided inadequate advice, services or designs that cause clients to lose money.
GloboPrime is covered by professional indemnity insurance. This policy covers you as our customers and us as a business against legal liability for breach of duty due to negligent act, error or omission during the policy period.
GloboPrime takes pride in saying that, we work with our clients for mutual benefit without needing to get into unpleasant situations.
The advice and guidance we provide for the attestation services we provide will mostly be correct and to the best of our knowledge.
Since we deal with government entities and embassies, at most times information and processes change without prior notice. This change without prior notice often affects us and our clients indirectly.
In order to ensure our commitment to our clients, GloboPrime is now covered by insurance.
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