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Professional indemnity

Professional Indemnity (PI) protects professionals and organisations against claims of negligence, errors, or omissions in the delivery of their services. Stakeholders in construction projects, including contractors, consultants, owners, and financiers, seek the protection of PI coverage that can pay legal defence costs and damages arising from claims.

Why choose Marsh for your professional indemnity insurance?

At Marsh, our dedicated construction PI team specialises in placing both annual and single project PI policies for a range of companies, from mid-size firms to global corporations with multi-billion-dollar turnovers.

Our strong, long-standing relationships with PI insurers worldwide, combined with our reputation and deep experience, enable us to deliver the insurance solutions that best suit your needs.

Key benefits of Marsh professional indemnity insurance solutions:

  • Access to significant insurance capacity for large and complex construction projects.
  • Development of policy wordings that provide the most favourable protection for your needs.
  • Specialisation in both annual and single project PI polices.
  • Direct engagement with insurers during policy placement and claims processes.

Professional indemnity insurance solutions offered by Marsh

Marsh has a full suite of PI insurance offerings designed to meet the needs of construction professionals and organisations, including:

  • Annual practice PI
  • Annual single project PI
  • Multi-year single project PI (with appropriate Extended Reporting Period coverage, depending on jurisdiction)
  • Contractors Protective PI (CPPI)
  • Owners Protective PI (OPPI)

Data and Analytics for Construction

Using Marsh’s innovative data and analytics tool, construction clients can better understand their professional indemnity risks and make informed decisions about their insurance and risk management programmes.

The tool enables us to analyse historical and current market trends, including premiums, retentions, exposures, and limits, providing a comprehensive view of your insurance programme relative to the market.

It offers detailed insights into individual construction projects, allowing for granular risk assessment and tailored insurance solutions.

Using anonymised and aggregated data, our analytics team benchmarks your insurance programme and identifies opportunities for improvement ahead of renewal discussions.

With deep expertise in construction risks and market dynamics, our team leverages these tools to develop strategic risk transfer and insurance solutions that help you manage exposures effectively and gain a competitive advantage.

Our robust dataset covers:

165+

global clients

30+

countries

120+

underwriting partners

14+

years’ Marsh placement data

FAQ

Professional indemnity insurance protects individuals and organisations from the financial impact of litigation. It generally covers legal liabilities arising from claims made by third parties for losses caused by a breach of professional duty or negligence in delivering professional services.

Marsh’s experienced claims team specialises in construction-related PI insurance claims. We work closely with underwriters, legal teams, and loss adjusters to manage complex claims efficiently. Our relationships and deep expertise deliver effective support throughout the claims process, helping to resolve disputes promptly and satisfactorily.

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