Professional Indemnity - Construction

 

Design and Construct Professional Indemnity Insurance 

One of the largest growing areas of our business in 2008 was Professional Indemnity Insurance (P.I.) for contractors requiring cover for negligent acts and technical errors whether it be in design or professional negligence. 

The reason we see so many cases is because the world has become a more litigious place, the down turn in the economy does not help in this regard. Professional Indemnity claims are no longer the preserve of our traditional professionals. Modern emerging professional consultants and main stream businesses that provide advice, design or specification will now find themselves in the firing line of a Professional Indemnity claim.

 

With design software becoming more user friendly and project deadlines needing to be met, companies decide to take on the design element of contracts themselves. Even the smallest design, or amendment to a design could end up in a claim being made against the contractor. This is where Design and Construct Professional Indemnity is required.

If you are a contractor that designs any part of an installation you should ensure that you have Professional Indemnity Insurance cover.

The good thing for you as a contractor is that as a specialist commercial insurance broker we can manage your business insurances to ensure complete protection.

For companies with a small design risk we have an insurer that will allow you to include Professional Indemnity within your combined liability policy. For the larger design risks we have an impressive range of insurers to approach to make sure you find the broadest range of cover at the best price.

For a quotation use the call back button on the mainsite or contact us on 01621 840002.

 

 

Posted on the 21/01/09