Construction Professional Indemnity

Giving advice for a living can be perilous – you are only as good as your last report or project. For architects, engineers, surveyors and associated professional bodies, complete confidence in your insurance is as important as confidence in your own abilities. 

At Howden, we have a range of specialist teams so that you can be assured your policy has been worded by someone who truly understands your industry – and the complex risks you face. 

What does a construction professional indemnity policy cover?

Professional indemnity insurance (PI) is there for you when you make a mistake for which you are sued or investigated (or both).

Defence is vital when allegations are unfounded – your future prosperity depends on it. But if allegations are justified, then insurance is especially important. You will need to assemble an experienced legal team at considerable expense - and even then, you may be liable for damages or need to settle out of court.  

Whether you’re a project manager or consultant, P.I. supports you in two main areas:

1. Covers costs associated with regulatory hearings, including defence costs
2. Pay any damages or settlements

The policies we arrange share the following:

Worldwide cover

Even if the lawsuit comes in a foreign jurisdiction, you will be able to mount a competent defence with lawyers experienced in both the sector and that geographical territory’s legislative arena.

Includes non-remunerated work

It's to have cover in place for advice given on a more informal basis, for which you were not paid.

Full retroactive cover

Including past wrongful acts, errors and omissions. 

It’s really important that your cover goes all the way back to your company’s incorporation date.

You could be held liable for advice you gave a long time ago – buying policies online can easily leave gaps in coverage and potentially financial exposures that could come back to haunt you.

 

We can also arrange the following extensions

• Unintentional infringement of intellectual property
• Restoration costs relating to lost documents
• Cover for liability caused by wrongful acts of subcontractors, consultants or agents.
   

People who sell themselves as having a certain skill set or expertise put their careers on the line every time they meet a client. When you take action on their behalf, you risk being sued.