Gallagher Professional Indemnity Insurance

Gallagher is the industry-approved supplier of insurance for Propertymark, providing specialist insurance products and services to Propertymark members for over 35 years. To offer further support, Gallagher and Propertymark have partnered to offer a specialist Professional Indemnity Insurance policy, specifically designed for estate and letting agents.

The Professional Indemnity Insurance cover is included as a benefit of Propertymark's Company Advantage offer

When enrolling onto Propertymark’s Company Advantage package, you will be required to complete an application form, which includes a series of questions relating to your business activities and Professional Indemnity Insurance requirements. The information you supply will determine whether your firm meets the standard acceptance criteria to ensure you are eligible under the scheme.

The acceptance criteria for this Professional Indemnity Insurance includes the following:

  • You must be an estate/letting agent under Propertymark’s Company Advantage package
  • You do not require more than £1,000,000 limit of indemnity
  • Your business total fees/turnover does not exceed £1,500,000
  • You do not undertake any Block Management activities on buildings over 5 storeys and/or more than 20 units and/or you are not directly/indirectly responsible for the Fire Safety measures
  • You do not undertake any valuations, other than market valuations and/or fire reinstatement valuations and/or probate valuations
  • You have not declared bankruptcy, insolvency, or gone into liquidation or have outstanding CCJs
  • You do not undertake more than 20% of Rent-to-Rent activities in relation to your total fee income
  • You are not aware of any circumstance or occurrence which may give rise to a claim against you

If you have any questions regarding your eligibility for the Professional Indemnity Insurance benefit under Propertymark’s Company Advantage package, please contact Propertymark directly on (01926) 496 800.

What is Professional Indemnity Insurance and how can letting and estate agents benefit from it?

Professional Indemnity Insurance is designed to offer financial protection against claims made by clients or third parties for losses incurred due to alleged negligent acts, errors, or omissions in the services they provide.

This insurance can be crucial for letting and estate agents because it can cover legal costs and compensation that may be awarded if a client claims that the agent's professional advice or services caused them financial loss.

Key benefits included with Professional Indemnity Insurance for Company Advantage subscribers

Through your Propertymark Company Advantage package, you can benefit from having suitable cover to help protect your business from a range of financial risks.

Key benefits of this Professional Indemnity Insurance include:

  • Indemnity cover up to £1,000,000
  • Fidelity cover included as standard up to £250,000
  • No restriction to the number of claims in a year, but each claim has a maximum limit)
  • Complies with the PI requirements of Propertymark to maintain membership
  • Breach of duty and statutory obligations cover
  • Simple process to top-up additional insurance requirements
  • Concise and clear documents that are easy to understand
  • Dedicated account management team to support

You are covered for:

  • Civil liability claims
  • Breach of professional duty
  • Fidelity - £250,000 aggregate sub-limit
  • Court attendance
  • Reputation management
  • Libel and slander
  • Unintentional breach of confidentiality
  • Unintentional infringement of intellectual property rights
  • Loss of or damage to documents
  • The Property Ombudsman/The Property Redress Scheme awards
  • Breach of statutory obligation defence costs
  • Data protection cover

Policy limits and exclusions may apply, please see the policy wording for full terms and conditions.

Contact Gallagher

If you are a Propertymark member and would like to discuss your insurance requirements, or if you are subscribed to a Company Advantage package and have questions about the cover included in your Professional Indemnity Insurance benefit, please contact the Gallagher Propertymark team at [email protected] or call 0800 288 4921.

Why Gallagher?

  • Partnered with Propertymark for over 35 years to provide specialist insurance solutions for estate and letting agents, including: Professional Indemnity Insurance, Office Insurance, Public and Employers’ Liability Insurance, Directors’ and Officers’ Liability Insurance, Cyber Insurance and Cyber Defence Centre Risk Management Services
  • Trusted by over 100,000 businesses across Gallagher in the UK*
  • Rated ‘Excellent’ on Trustpilot, with over 6,000 reviews*
  • All Propertymark Protected Companies have access to support from a dedicated account management team

* Correct as of August 2025

Terms and conditions
Propertymark Ltd is an Appointed Representative of Arthur J. Gallagher Insurance Brokers Limited which is authorised and regulated by the Financial Conduct Authority (Reference number: 311786) and which is permitted to arrange general insurance contracts. Registered address: Arthur J. Gallagher Insurance Brokers Limited, Spectrum Building, 55 Blythswood Street, Glasgow G2 7AT.

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