Professional Indemnity (PI) insurance for architects in Hong Kong

Designed exclusively to provide the best benefits to members of the Hong Kong Institute of Architects (HKIA). Tailored to protect your professional practice and project needs.

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Why is Professional Indemnity insurance important for architects?

Professional Indemnity (PI) insurance protects your practice by covering legal costs and compensation claims arising from allegations of negligence, errors, or omissions that could lead to financial loss.

In Hong Kong, government standard service contracts as well as many private and non-profit clients require consultants, including architects, to maintain sufficient PI insurance coverage throughout the project and the maintenance period. However, PI insurance can often come with high premiums, complex application processes, limited policy flexibility, and uncertainty around local compliance.

Leveraging our deep market and regulatory expertise, Marsh offers a tailored and affordable scheme for members of the Hong Kong Institute of Architects (HKIA).

Key benefits of Marsh’s HKIA PI insurance scheme

Competitive premiums: Enjoy preferential rates secured through Marsh’s placement capabilities.
Streamlined application process: Apply via a guided process to obtain standard coverage over a 12-month period with common expiry dates.
Comprehensive coverage: Meet the minimum requirements of major principals and employers in Hong Kong, including government departments and large corporations.
Flexible policy options: Coverage can be extended to other group entities involved in architectural and consulting engineering activities. Higher limits (up to HK$50 million), deductible options, and policies in other jurisdictions, including China, are also available.
Fulfilling contract documentation requirements: Project-specific certificates and Letters of Undertaking aligned with contract requirements, issued in collaboration with insurer Allied World.

Why choose Marsh’s PI insurance for architects?

We have a deep understanding of the local regulatory and legal requirements to support members with insurance solutions that meet the demands of today’s architectural landscape.

Protect your professional practice with the right coverage

Fill out the form below for a quote on our HKIA PI insurance scheme.

FAQs

1. Are you eligible for Marsh’s PI insurance scheme?

To qualify for coverage under the HKIA PI insurance scheme, applicants must meet the following criteria:

Registered practice with HKIA
The applicant must be a registered practice of the Hong Kong Institute of Architects (HKIA), with an annual turnover not exceeding HK$50 million and no business income generated from the USA, Canada, Europe and sanctioned countries.¹

Operational restrictions
No business income generated from facade, mining or nuclear engineering.

2. What is the cost of Professional Indemnity (PI) insurance for architects?

Our PI insurance for architects starts at HK$16,000 per firm per year. However, the final premium is dependent on factors such as the size and complexity of projects, the scope of coverage, claims history, specific risk exposures, and market conditions.
Indemnity limits are available at HK$10 million, HK$15 million, HK$20 million, HK$30 million, and HK$40 million per claim, inclusive of costs and expenses, with one reinstatement.

Premium indication table

Please note that the table below is for reference only. The final premium may fall outside the range depending on the final assessment of each application.

Limit of liability: HK$10 million
	Average fee income HK$0 to ≤ HK$20 million	Average fee income HK$20 million to ≤ HK$40 million	Average fee income HK$40 million to ≤ HK$50 million
Indicative premium	HK$16,000 to HK$31,000	HK$23,000 to HK$45,000	HK$33,000 to HK$54,000

Limit of liability: HK$15 million
	Average fee income HK$0 to ≤ HK$20 million	Average fee income HK$20 million to ≤ HK$40 million	Average fee income HK$40 million to ≤ HK$50 million
Indicative premium	HK$20,000 to HK$38,000	HK$29,000 to HK$55,000	HK$41,000 to HK$66,000

Limit of liability: HK$20 million
	Average fee income HK$0 to ≤ HK$20 million	Average fee income HK$20 million to ≤ HK$40 million	Average fee income HK$40 million to ≤ HK$50 million
Indicative premium	HK$23,000 to HK$44,000	HK$32,000 to HK$62,000	HK$46,000 to HK$75,000

Limit of liability: HK$30 million
	Average fee income HK$0 to ≤ HK$20 million	Average fee income HK$20 million to ≤ HK$40 million	Average fee income HK$40 million to ≤ HK$50 million
Indicative premium	HK$32,000 to HK$61,000	HK$45,000 to HK$87,000	HK$65,000 to HK$104,000

Limit of liability: HK$40 million
	Average fee income HK$0 to ≤ HK$20 million	Average fee income HK$20 million to ≤ HK$40 million	Average fee income HK$40 million to ≤ HK$50 million
Indicative premium	HK$40,000 to HK$78,000	HK$58,000 to HK$112,000	HK$83,000 to HK$133,000

3. Which are the countries on the sanctioned list?

The sanctioned countries are Afghanistan, the Western Balkans (Albania, Bosnia and Herzegovina, Croatia, Montenegro and the Republic of Macedonia), Belarus, Burma (Myanmar), Burundi, the Central African Republic, Cuba, The Democratic Republic of the Congo, The Democratic People’s Republic of Korea (North Korea), Egypt, Guinea Bissau, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, Republic of Guinea, Russia, Somalia, South Sudan, Sudan, Syria, Tunisia, Ukraine, Venezuela, Yemen, and Zimbabwe.

¹Please see question 3 in the Frequently Asked Questions (FAQ) for the list of sanctioned countries.