Hera Indemnity
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Hera Indemnity
Hera Indemnity, an independent and specialist Lloyd's broker located in the City of London, provide the professional services sector with Professional Indemnity Insurance, Commercial Insurance, and underwritten specifically for the legal profession, Cyber Risk Insurance. We have developed a strong reputation throughout the UK as specialists in professional indemnity insurance.

We are independent, which sets us apart from our competitors in that we are not contracted to one dedicated insurer, but focus on achieving a tailor-made solution, whatever the size or type of organisation, as we have access to the widest range of rated insurers. With a close eye on personal service each client is supported by a dedicated client manager, from the initial meeting, to answering questions during the year through to annual review and renewal.

This approach gives clients confidence and the knowledge that their best interests are our priority; a level of service consistently recognised in the annual Law Society PII Survey of brokers.
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Our team of client managers has many years' experience working in the professional indemnity insurance sector.
Each takes pride in the personal service and professional support they give clients and the positive feedback they receive in return.
Having access to all participating insurers and one of our client managers to guide you on the merits of one insurer and policy over another is key to why our clients return year after year.
Our knowledge and expertise around the PI market gives clients the insurance cover they need at a competitive premium.
The solicitors' professional indemnity insurance market, has for another year, become very difficult for law firms.
The continued reduction in capacity and increased premiums makes this year a time to be extremely focused on your forthcoming PII renewal.
Hera Indemnity, a Lloyd's broker, have a wide access to market and are the biggest producing broker to three of the main insurers.
We are also currently one of the largest providers to SME solicitors in the country.
We work with all partnership sizes and work splits, and our dedicated broker and client managers will work closely with you to ensure they have a comprehensive understanding of your risks and circumstances.
The Chartered Institute of Legal Executives (CILEx) recommend that members who manage their own firms have an appropriate Professional Indemnity Policy in place.
CILEx members whose firms are regulated by CILEx Regulation are required to take out and maintain Professional Indemnity Insurance in accordance with the CILEx Professional Indemnity rules.
CILEX regulated firms must have PII cover that reflects the work of the firm and their exposure risk to protect the firm's liability in the event of a claim.
All Chartered Surveyors in private practice are required by the Rules of Conduct of the Royal Institution of Chartered Surveyors (RICS) to take out Professional Indemnity Insurance with an 'Approved RICS Insurer'.
These rules require minimum levels of indemnity based on a firm's fee income.
For firms who undertake or have historic exposure to surveying and valuation work, the insurers require information on the numbers, geographical locations and a detailed summary of any on-going client contracts and their size.
It is a compulsory requirement of the Architects Registration Board (ARB), the governing body of the industry, that architects have Professional Indemnity Insurance.
The ARB guideline is that Architects have at least an indemnity of 250,000 of cover.
We can arrange professional indemnity insurance cover to cater for the type of work undertaken by a firm and reflect its exposure to risk.
Hera has been working with Architects across the country for many years.
We understand the business, their specialist expertise, and the insurers with the most suitable and competitive policies.
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