Infrastructure projects can include roads, rail, bridges, tunnels, utilities, ports and other major public assets.
Professional Indemnity insurers may consider:
- project type and value
- the engineer’s scope
- design-and-construct arrangements
- government or major corporate clients
- contractual indemnities
- project delivery method
- subcontracted consultants
- required PI limits
- previous experience on similar projects
Infrastructure projects can involve significant delay, rectification and contractual exposures.
Insurers will usually want to understand whether the engineering firm is acting as a lead consultant, specialist subcontractor or part of a larger design team.
The firm’s experience and the way responsibility is allocated under the contract can be just as important as the total project value.
