Insurance claims against Australian engineers continue to rise

Insurance claims against Australian engineers continue to rise

Engineers assess risks for a living, but the cost of failing to adequately protect your practice presents unexpected problems. Imagine you’re a self-employed civil engineer awarded a tender by a local construction firm to conduct a topographical survey and detailed design to upgrade a private road. Not only is it a fantastic project in your…

Free webinar: How engineers can navigate the PI Insurance storm.
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Free webinar: How engineers can navigate the PI Insurance storm.

Engineers across many disciplines are grappling with skyrocketing Professional Indemnity (PI) Insurance premiums and unprecedented market conditions. The challenge of securing suitable PI Insurance cover only continues to grow. 

With PI Insurance being a legal or contractual requirement for many engineers, market conditions persist to pose a major issue for many practices. Watch our free webinar recording and hear from a leading PI Insurer and engineering legal specialist, who will help you better understand how to combat this PI Insurance storm. 

Is it common for Professional Indemnity Insurance coverage to be changed by the insurer without notice?
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Is it common for Professional Indemnity Insurance coverage to be changed by the insurer without notice?

Under the current insurance market conditions, it is becoming increasingly common for engineers to find their PI Insurance cover has altered in some way at renewal. Below we explain the reasons behind this and some things you can do to assist in achieving the best available insurance coverage for your business.