Design and construction companies engage in a broad range of disciplines which vary widely from project to project. If something goes wrong, these companies are often the first in the line of fire even if the claim is ultimately the responsibility of a third party. This broad package insurance policy was built specifically for these professions and fills the gaps in cover left by many traditional professional indemnity policies by addressing the real exposures these businesses face on a daily basis. Our modular policy takes the wide range of exposures into account and targets those that are key for professionals working in this sector. Some select coverage features are listed below.
Clear, unambiguous cover for breach of a client contract. We will pay sums which you become legally obliged to pay as a result of a claim by a client made against you, including liability for claimants’ costs and expenses.
Breach of Intellectual Property rights
Our policy covers costs associated with copyright and trademark infringement claims being brought against you, including legal costs, damages, settlements and counterclaims.
Virus & hacking liability cover
Most businesses hold sensitive data entrusted to them by their clients. Losing this data as a result of a hack attack or computer virus can lead to potential liability and significant brand damage. In order to address this emerging risk, we have designed a specific module of cover that provides explicit protection.
Traditional office cover
Our policy includes a comprehensive package of coverage including products liability, employers’ liability, property cover, and our innovative business interruption insurance
Full pollution liability
This feature covers both sudden as well as accidental and gradual pollution, which is an important concern for geologists and environmental engineers and an increasingly important exposure as environmental regulations become stricter and more complex.
Property in transit
We recognise that your property travels with you, so our cover includes worldwide mobile device protection as standard, and can be extended to other property you value.
Business interruption cover
It’s not always possible to foresee where the next business interruption comes from, so our innovative cover is offered on a “flexible first loss” basis, which means whatever type of business interruption loss is suffered, only one sum insured needs to be purchased.
Comprehensive legal cover
Our policy includes cover for suits brought anywhere in the world as standard. We also offer full civil liability coverage and cover costs incurred by attending court sessions in relation to a claims or loss case covered by this policy. Should a case be decided against you, we provide cover for punitive and exemplary damages paid as a result of a lawsuit.
Withheld fees & Claims cover
Claims can quickly spiral out of control and incur a significant cost to the business or individual. That’s why our policy includes the payment of fees withheld by an aggrieved client if this mitigates a potentially larger claim. We also provide cover for claims brought under a collateral warranty.
Reputation & brand protection cover
We will look to pay costs and expenses of up to a specified sub-limit for the services of a public relations consultancy to mitigate damage to reputation and brand following a claim otherwise covered under the policy.