Professional Indemnity insurance provides essential financial protection for Construction (Design & Construct) consultants against potential losses as contractors increasingly take on design liability either by employing their own in-house design professionals or by assuming liability where they sub-contract out the design element.
Key Exposures
- Design failure
- Inadequate / incorrect advice, design, specification
- Inadequate supervision / project management
- Inappropriate / incorrect certification
- Lack of experience
- Poor work documentation
- Poor communication with clients
Newline Australia provides a tailored Construction (Design & Construct) Professional Indemnity insurance policy 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)