The amount of litigation in the construction industry is constantly on the increase. Professional Indemnity insurance is seen more and more as an essential protection for a firm’s balance sheet.

Levels of indemnity cover are often dictated by contract requirements, we provide limits between £100,000 to £5M to suit your individual circumstances.

All our quotations are individually underwritten so you can be sure the premium reflects your firm’s unique circumstance.

Typical claims:

• Under specification or poor design of M&E services,
• Incorrect design of foundations or other structural elements,
• Inadequate inspection of work by engineering contractors or sub-contractors,
• Delay and disruption to a project due to failures to provide drawings or information when required.

For further information on the cover we provide please click on our ‘Engineers Fact Sheet’ opposite:

All Professional Indemnity Insurance is on a claims made basis, that means you must have an active PI policy at the time a claim or allegation is made against you. It is important to remember that once a PI policy expires you can no longer make any claims against it. Therefore you need to consider maintaining your PI insurance once you cease trading. This is called Run-Off Insurance and provides protection against any claims which may arise from work you undertook in the past. Some professional Institutions require their members to carry Run-Off insurance.

Run-Off is an annually renewable policy, the premiums will usually reduce each year to reflect the reducing exposure to insurers.