PI engineer tips

Business Insurance | Insight Articles | Professional Indemnity Insurance

Understanding PI insurance: How to stay covered
Byshowtell March 29, 2019September 18, 2024

Professional indemnity (PI) insurance can keep you covered for past projects and well into the future, as long as you follow some key rules. An engineer, in their daily work, sells themselves to their client as an expert. The client relies on the engineer to provide trusted professional advice and make decisions on their behalf…

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Business Insurance | Insight Articles | News Items | Professional Indemnity Insurance

Professional Indemnity Insurance Tips
Byshowtell December 3, 2018September 18, 2024

Know what to look out for when it comes to Professional Indemnity Insurance… 1. Business activities Your business description MUST accurately describe your business activities. Example: To an insurer, a mechanical engineer working on the mines has a very different risk exposure to a mechanical engineer working on building services. Failing to adequately disclose the…

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