Yes, Professional Indemnity Insurance for Digital Professions insures all consequential damages such as claims for compensation, reimbursement of unsuccessful expenditures and lost profit: due to negligence in contract negotiations due to non-performance or poor performance of a contractual obligation, or the breach of an ancillary contractual obligation; due to damage caused by delay (in the case of gross negligence, the compensation can be reduced in proportion to the severity of the policyholder’s fault); due to claims for compensation, if there is no fault-independent liability for the deviation from the agreed quality (within the framework of, for example, service level agreements) of goods, deliveries or services. This co-insurance of “consequential damages” is a special feature of Professional Indemnity Insurance for Digital Professions. Insurance policies based on general liability conditions usually exclude this type of damage, as it is classified as a first-party claim. Consequential damage from non-performance is also excluded. This also applies to the co-insurance of “contractual liability”. This is also a special feature of our Professional Indemnity Insurance for Digital Professions from Markel, since conventional general liability insurance only insures claims based on “statutory liability”.