Geotechnical and structural engineers are a crucial part of any project, offering advice that’s critical to its success. With many clients relying on their expertise, it’s also a high-risk job that exposes them to lawsuits, financial losses, and reputation damage when things go wrong.
Everyone makes mistakes, but for engineers, these mistakes can be costly. During a project, misunderstandings or inadequate professional advice to clients can be costly. The lawsuit that ensues can also be detrimental to an engineer's professional career and financial standing.
Professional indemnity insurance covers engineers in worst cases, keeping them safe from significant financial harm. With limited insurers providing coverage and some only entertaining existing engineering clients, finding the right cover can be challenging.
CIA supports geotech and structural engineers by delivering comprehensive PI insurance policies that protect your assets and brand. Our team is here to source the right cover for your needs and ensure you have a range of options to choose from.
In the event of legal action, we’re here to support you by strongly advocating and managing your claims on your behalf. Whether you’re a sole trader or contractor, we’re here to help.
It is strongly recommended that all engineers have professional indemnity insurance. With the right insurance policy, you can be assured that your reputation is safeguarded against any unwanted incidents, enabling you to take on any projects with confidence.
CIA has worked with many engineers in the industry, such as:
How Does Professional Indemnity Insurance Protect Engineers?
Professional negligence and its following lawsuits
Libel and slander cause by other parties
The costs of defending a claim and inquiry by a regulatory body
Direct financial losses faced by the business as a result of dishonest or fraudulent employee conduct
Any additional costs and expenses incurred during a claim
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Contact CIA to get a quote or review your existing insurance policy.
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