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Why do building contractors need Professional Indemnity . . . What is Construction Professional Indemnity (PI) Insurance? Construction Professional Indemnity, also known as Design and Construct Professional Indemnity, is a policy designed to protect contractors and sub contracted specialists, for allegations relating to errors in their work or incorrect design
Professional Indemnity Insurance Construction | Radius Professional indemnity insurance for construction is made for professionals in the field, like architects, contractors, and engineers When working on projects, this insurance protects against claims of negligence, errors, and omissions in their work Say a client alleges financial loss due to flawed professional advice
Professional Indemnity Design and Construction - AXA Connect Professional Indemnity Design and Construction For construction firms who provide professional services such as design, supervision, specification or technical supervision, professional indemnity insurance has been developed by AXA to provide protection if allegations are made against them relating to their professional work
Professional Indemnity Insurance for the Construction Industry What does professional indemnity insurance cover in construction? In the construction industry, PI insurance protects your business if a client suffers financial loss due to negligent advice, designs, inadequate professional services you’ve provided, or breaches of contract
Project Professional Indemnity Insurance - Marsh PROJECT PROFESSIONAL INDEMNITY INSURANCE The demand for project professional indemnity (PI) is growing as construction project owners often insist a Project PI policy is in place, particularly for the larger, prestigious projects Project owners value the benefits of certainty in the current economic climate and in response, Marsh has launched a Project PI facility
Professional Indemnity Insurance for Construction PROFESSIONAL INDEMNITY: A GUIDE FOR THE CONSTRUCTION INDUSTRY What is Professional Indemnity insurance? Professional Indemnity Insurance (PI insurance) protects against financial losses from liability claims made by a client against an individual for alleged errors relating to their professional work PI insurance typically covers a range of risks including professional negligence, errors in
The Role of Professional Indemnity Insurance in the . . . Who Needs Professional Indemnity Insurance? Professional Indemnity Insurance isn’t just for large construction firms or high-profile architects It’s essential for anyone providing advice, design, or services in a professional capacity within the construction industry