Professional Indemnity Insurance for Architects, Engineers, Project Managers and Quantity Surveyors

PROFESSIONAL INDEMNITY INSURANCE SPECIALLY DESIGNED TO PROTECT YOU AND YOUR BUSINESS                                    

Shackleton Risk has developed a deep understanding of the needs of Professionals practising in the Built Environment and the unique legal risks and exposures they face on a daily basis. Plus, the demands of Clients and Regulators in the challenging times we are going through.

What is PI Insurance?

Professional Indemnity (PI) Insurance is indispensable for safeguarding the personal and business assets of architects and Built Environment Practitioners. Without it, they risk crippling legal expenses and compensatory damages due to the escalating legal costs and court awards in recent years.

What does it cover?

A PI policy provides coverage for individuals and businesses against legal costs incurred in defending against allegations of negligence or breach of professional duty, as well as any compensatory damages payable to another party.

Who Needs It and Why?

Despite best efforts, professionals are susceptible to claims or allegations of negligence if their advice or services fail to meet client expectations or contractual obligations. Legal action by a client necessitates access to top-tier legal resources for defence, as the consequences of losing such cases can be dire. Expert legal defence comes at a significant cost, highlighting the crucial need for PI coverage.

For further information or to arrange a consultation, please contact our Head Office:

Tel: 011 784 5373

Email: info@srisk.co.za