Ƶ

Professional Indemnity Proposal Form Template for Ireland

This document serves as a comprehensive proposal form for Professional Indemnity insurance in Ireland, designed to collect detailed information about a business's professional activities, risk profile, and insurance requirements. It complies with Irish insurance regulations, including the Insurance Act 1936 and Consumer Insurance Contracts Act 2019, while incorporating GDPR requirements for data protection. The form enables insurers to assess the risk profile of professional service providers and determine appropriate coverage terms and conditions.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Professional Indemnity Proposal Form?

The Professional Indemnity Proposal Form is a fundamental document used in the Irish insurance market for businesses seeking professional indemnity coverage. It serves as the primary means of risk assessment for insurers and forms the basis of the insurance contract. The form must be completed by any professional service provider seeking protection against claims of professional negligence, errors, or omissions in their service delivery. The document complies with Irish insurance regulations and data protection laws, collecting comprehensive information about the business's activities, risk management procedures, claims history, and desired coverage levels. This information enables insurers to evaluate the risk profile accurately and provide appropriate coverage terms.

What sections should be included in a Professional Indemnity Proposal Form?

1. Proposer Details: Basic information about the business/individual seeking insurance, including legal name, address, registration details, and contact information

2. Business Activities: Detailed description of the business operations, professional services provided, and geographical scope of operations

3. Financial Information: Revenue details, fee income, geographical split of revenue, and largest contracts

4. Risk Management: Information about quality control procedures, contract management, and risk mitigation measures

5. Claims History: Details of past claims, circumstances that could lead to claims, and any current insurance arrangements

6. Cover Requirements: Desired level of coverage, limits of indemnity, and any specific coverage extensions required

7. Staff Information: Details of qualified staff, experience levels, and professional qualifications

8. Declaration: Statement of truth and accuracy of information provided, signed by an authorized representative

9. Data Protection Notice: Information about how personal data will be used, stored, and protected in compliance with GDPR

What sections are optional to include in a Professional Indemnity Proposal Form?

1. Cyber Security Measures: Required for businesses handling sensitive data or providing IT services, detailing cyber security protocols and data protection measures

2. Contractors/Subcontractors: Needed if the business uses contractors or subcontractors, including details of their work and insurance arrangements

3. International Operations: Required for businesses operating across multiple jurisdictions, including details of overseas work and applicable regulations

4. Professional Memberships: Relevant for regulated professions, including details of professional body memberships and compliance requirements

5. Previous Insurance History: Optional section for detailed insurance history including any declined coverage or special conditions

What schedules should be included in a Professional Indemnity Proposal Form?

1. Schedule of Named Insureds: List of all entities to be covered under the policy, including subsidiaries and trading names

2. Claims Experience Appendix: Detailed breakdown of claims history and circumstances for the past 5-10 years

3. Revenue Breakdown Schedule: Detailed analysis of revenue by service type, client type, and geographical location

4. Qualification Schedule: List of key staff members and their professional qualifications

5. Risk Management Procedures: Detailed documentation of risk management protocols and quality control procedures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Ireland

Publisher

Ƶ

Document Type

Insurance Form

Sector

Insurance

Cost

Free to use

Find the exact document you need

Personal Accident Claim Form

An Irish legal document for filing personal accident claims, compliant with local insurance regulations and PIAB requirements.

Download

Professional Indemnity Proposal Form

An Irish-compliant Professional Indemnity insurance proposal form for collecting business risk information and insurance requirements under Irish law.

Download

Insurance Claim Form

An Irish-compliant insurance claim form for formally submitting and documenting insurance claims under Irish law and regulations.

Download

Accident Claim Form

An Irish legal document for initiating personal injury claims through PIAB, detailing accident circumstances, injuries, and losses for compensation assessment.

Download

Medical Claim Form

An Irish-compliant form for submitting medical expense claims to insurance providers, structured according to Irish healthcare and data protection regulations.

Download

Insurance Verification Form

An Irish-law governed document that formally verifies insurance coverage details and validity, complying with local insurance regulations and EU data protection requirements.

Download

Car Insurance Form

An Irish-law compliant car insurance application and contract formation document for establishing motor vehicle coverage in Ireland.

Download

Travel Insurance Claim Form

An Irish-compliant travel insurance claim form for processing various travel-related insurance claims, adhering to Irish insurance and consumer protection regulations.

Download

Travel Insurance Form

An Irish law-governed travel insurance form establishing coverage terms between insurer and traveler, compliant with Irish and EU regulations.

Download

Insurance Opt Out Form

An Irish law-compliant form for formally opting out of specific insurance coverage, including necessary declarations and risk acknowledgments.

Download

Transfer Of Insurance Form

An Irish legal document facilitating the transfer of insurance policy rights and obligations from one party to another, compliant with Irish insurance regulations.

Download

Insurance Proposal Form

An Irish law-governed Insurance Proposal Form used to collect essential information from potential policyholders for insurance coverage assessment.

Download

Insurance Cancellation Form

An Irish-law compliant form for terminating insurance policies, incorporating regulatory requirements and consumer protection measures.

Download

Insurance Declaration Form

An Irish law-governed Insurance Declaration Form that establishes the contractual foundation between insurer and policyholder, capturing essential risk information and mandatory disclosures.

Download

Insurance Affidavit

A legally binding sworn statement used in insurance matters under Irish law, containing verified declarations about insurance-related facts and circumstances.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it