As an Architect, we understand the complexities of your profession and have architect insurance policies specifically tailored to protect you and your business from risk.
In the event of an error or omission by you as the architect or your consultants, you may be faced with hefty defence costs to cover legal proceedings as well as any compensation payable.
Protect yourself against risk.
Having a Professional Indemnity policy in place may assist you in the event of a claim made against you for allegedly breaching your professional duties.
Types of claims that commonly arise include:
- Breach of contract through failure to provide the professional services set out in the contract
- Failure to comply with the standard of reasonable care and skill
- Failure to operate within the provisions set out in the Trade Practices Act
It is important to ensure you have an adequate level of insurance in place as your duty of care extends beyond your client to include contractors, purchasers of the building or anyone who may be impacted by an alleged error or omission on your part.
In some instances as an Architect, it may also be advisable to take up a Management Liability policy to protect directors and officers personally as well as the company itself from the risks associated with running a business.
As every business is different, we can tailor a Management Liability policy specifically for your needs to provide cover for the exposures your business may face.
To arrange an obligation free quote please click the button below or if you would like more information or have any questions regarding Architects insurance, please call us on 1300 932 237.