Professional Indemnity Insurance

SOFIA are pleased to work with Lockton Companies LLP to assist our members.

Lockton is the world’s largest independent, privately owned, global insurance broker.

The Lockton Sport team can offer tailored Professional Indemnity Insurance to SOFIA Members, with an exclusive 15% discount on premiums.

They can also provide specialist Career Ending Protection for your clients with a market leading product and service offering underwritten by certain Syndicates within Lloyd’s of London.

SOFIA Member Benefits

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15% discount on PII Premiums

The Lockton Sport team can offer tailored Professional Indemnity Insurance to SOFIA Members, with an exclusive 15% discount on premiums.

They can also provide specialist Career Ending Protection for your clients with a market leading product and service offering underwritten by certain Syndicates within Lloyd’s of London.

Professional Indemnity Insurance (PII) for Intermediaries and Agents

If you are alleged to have provided inadequate advice or services to a client, PII provides cover for the legal costs and expenses in defending the claim, as well as compensation payable to your client to rectify the mistake.

Regardless of how many years’ experience you may have, there is always the possibility you (or one of your team) could make a mistake. PII covers against a wide range of scenarios, including:

  • Professional negligence (i.e. making a mistake in a piece of work for a client)
  • Loss of documents or data
  • Unintentional breach of copyright and/or confidentiality
  • Defamation and libel
  • Loss of goods or money (your own or for which you are responsible)

Do I need Professional Indemnity?

If you provide advice or a service to your clients, you should give serious consideration to PII. While most companies enjoy good relationships with their clients, a mistake can change working dynamics overnight. The chances are that if a client suffers a significant financial loss as a result of your negligence, they are likely to seek recompense.

How do I obtain a quotation?

Complete the Intermediary Proposal Form and submit to Lockton along with your SOFIA membership details, for a quotation.

Career Ending Insurance for Professional Footballers

Imagine having to face your client after hearing his career has been ended through injury or sickness and knowing there is no protection in place to compensate for the loss of future earnings. You cannot prevent your client suffering a career ending injury or sickness, but you can take steps to limit its impact on their lives. Therefore, your best advice should always be to protect against the unforeseen.

You know that your client will require compensation for loss of future earnings and as your client’s representative you are perfectly positioned to arrange the completion of all necessary forms on their behalf, thus providing the comfort and knowledge that protection has been secured.

An independent and representative voice for authorised football agents & intermediaries