Insurance for Engineers

Why do Engineers need insurance?

Your clients rely on your engineering expertise, but what if a mistake or misunderstanding derails their project? Insurance for engineers, surveyors, and other design professionals has your back when things go wrong.

Engineer insurance is the different forms of cover designed to protect engineers and engineering firms from suffering financial losses caused by lawsuits, work mistakes, and more.

What types of insurance do engineers need?

Professional Indemnity

Professional Indemnity is the most common policy chosen by engineers, as it is mandatory for the profession in most states and territories.

Professional Indemnity insurance* protects engineers against losses claimed by a third party due to alleged or actual negligence in your professional services or advice. Subject to applicable limits, your Professional Indemnity insurance will meet the associated compensation payable to a third party together with your defence costs (which can include legal costs, investigator costs and expert fees).

Public Liability Insurance

Public Liability insurance* is an essential form of coverage for many engineers, as they often work closely with clients and contractors in various locations.
A Public Liability policy provides protection for you and your business in the event a customer, supplier or a member of the public brings a claim against you due to their being injured or sustaining property damage as a result of your negligent business activities.

Business Insurance Pack

Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage).

It can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, other cover options are also available for public liability, tax audit, employment practices and statutory liability risks.

Management Liability

Management Liability insurance* is designed to provide protection to both the business and its directors or officers for claims of wrongful acts in the management of the business.

Cyber Liability

Cyber Liability insurance* covers losses from claims arising from data breaches, business interruption and remediation costs following an actual or threatened data breach.