For a Design and Construct Professional Indemnity quote, insurers need to understand both the construction work and the professional services for which the contractor is responsible.

What business information is required? #

This commonly includes:

• Business activities and annual turnover.
• Years operating and relevant experience.
• Employee numbers and professional qualifications.
• Required Professional Indemnity limit.
• Current insurer, expiry date and retroactive date.

What project information may be requested? #

Insurers can ask for:

• Largest and typical project values.
• Current and recently completed major projects.
• Types of buildings, infrastructure and construction work.
• Geographic location of work.
• Project delivery methods.
• Maximum design and construction periods.
• Work undertaken for overseas clients or outside Australia.

What design information is required? #

Explain which professional services are performed internally, by related entities or by subcontracted consultants.

Provide details of the architects, engineers, designers and other consultants used, together with their qualifications and Professional Indemnity arrangements where requested.

Will contracts need to be reviewed? #

Insurers may request sample or major contracts, particularly where they include broad indemnities, fitness-for-purpose obligations, warranties, departures from proportionate liability or unusual assumptions of responsibility.

Webber Insurance can provide a high-level insurance review and arrange referral for a detailed contractual insurance review where required.

What claims information should be provided? #

Disclose previous claims and circumstances, design disputes, major defects and significant rectification matters. Include open matters as well as resolved claims.

Complete and accurate information helps us present the risk clearly and reduces delays in obtaining terms. Additional information may be required depending on the contractor, projects and insurer.