Professional Indemnity insurance provides essential financial protection for Architects and Engineers against potential losses arising out of acts, errors and omissions from a wide variety of professional services.
For architects, this includes the preparation of plans, acting as the client’s advisers, contract administration, building regulation approvals and supervision activities.
Engineering professional services include civil and structural engineering, building services engineering, electrical engineering, mechanical engineering, chemical engineering and a variety of allied work.
Key Exposures
- Inadequate / incorrect / negligent advice, design, specification
- Inadequate supervision
- Inappropriate / incorrect certification
- Planning deficiencies
- Poor work documentation
- Poor communication with clients
- Breach of copyright
Newline Australia provides tailored Architects and Engineers Professional Indemnity insurance policies based on a broad civil liability wording.
Capacity
Up to AUD$25 million
Capacity Use
Primary Layer; Excess Layer; Co-insurance
Coverage
Worldwide (excluding United States of America)
