Design & Construction Insurance
Professional Indemnity Insurance Construction Contractors
Our team have decades’ worth of experience broking custom insurance policies for the design and construction industry, providing you with the peace of mind that your business is fully covered by its policy. PI for Design & Construction Insurance is a specialist area of insurance which, if placed incorrectly or poorly, can leave your business at risk of crippling damages if you are exposed to a gap in your cover.
Why do I need Design & Construction Insurance?
In recent years Design & Construction Insurance has become essential to protecting your business. It has become common place for contractors to incur a design liability, either by offering a design service as part of an overall building package or through a design and build contract where the design work is sub-contracted.
The design liability could be architectural, civil engineering and structural engineering, surveying, mechanical and electrical engineering, heating and ventilation engineering, chemical engineering, soil engineering or even nuclear engineering, all of which represent very different to your company and the insurance you purchase.
Cover can include
- Office contents (including multiple locations)
- Directors and officers liability
- Employment practices liability
- Corporate legal liability
- Trustee indemnity
- Public liability
- Employer’s liability
- Product liability
- Business interruption
- Personal accident and group travel
- Tax investigation costs
- Cyber liability
- Overseas offices/staff
- Intellectual property and patent risks
- Kidnap and ransom
- Identity theft
- Medical malpractice