Mining and Resources Consultants can face Professional Indemnity claims when a client alleges that professional services, advice or documentation caused financial loss, delay, rework or another adverse outcome.

Services that can create exposure #

• engineering and design
• environmental consulting and reporting
• project or construction management
• surveying and spatial services
• safety, risk and compliance advice
• geotechnical or technical consulting

Claims can arise from alleged errors, omissions, inaccurate reports, inadequate specifications, failure to identify a risk or failure to meet an agreed scope. Even an allegation that is ultimately unsuccessful may create defence costs.

Contracts and notification #

Mining contracts can contain broad indemnities, fitness for purpose obligations, warranties or liability that is greater than the consultant’s normal professional duty. These terms should be reviewed before signing.

Professional Indemnity policies are generally written on a claims-made basis. Circumstances that may lead to a claim should be notified promptly and in accordance with the policy, even if no formal demand has been received.

Accurately describe every professional service, client sector, project type, contract value and overseas exposure when arranging cover.