Singapore's Provide, Berkley Insurance float indemnity cover for SMEs

Professional indemnity insurance is increasingly in demand.

Singaporean digital business insurance platform Provide and Berkley Insurance Asia will launch a professional indemnity insurance for SMEs, an announcement said.

SMEs can get quotes, purchase the plan and report their claims online.

Professional indemnity insurance is increasingly in demand amongst SMEs as it protects firms from third-party claims arising from allegations of negligence, errors and omissions.

Moreover, the partnership allows SMEs that require professional Indemnity protection to access comprehensive and competitive offerings for most types of businesses in Singapore.

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