01270 758056
Professional indemnity Insurance principal designer CDM

Professional Indemnity Insurance for Principal Designer – CDM Regulations

Hensure Business Insurance has developed an on-line quote and buy system for professional indemnity insurance for principal designer – CDM regulations. The facility has very competitive rates for principal designers and you should be able to buy a policy on-line without the need to fill in a lengthy proposal form, subject to certain underwriting criteria.

What will professional indemnity insurers look for in order to assess the risk?

Company size – The overall size of the firm. The Insurers will want to understand the size of your firm in terms of the number of directors and qualified staff who give advice and also the turnover of the firm.

Qualifications and experience – Insurers will most probably want to see a CV which shows that the relevant people within the firm have a minimum of five years’ experience.

Type of work – Insurers will want to understand the nature of the work that you are involved in.

Contract sizes– Insurers will be interested in the total contract values that you are involved in and not just your own fee income for the job. Insurers see a direct correlation between the contract values and the potential exposure that they could face to large claims.

Retroactive exposure – Does the business have an exposure to claims arising from past work, whether in the current business or a previous company.

Overseas exposure – Does the practice carry out work for overseas clients.

Claims experience – The claims experience is an important factor in the assessment of a risk. This information reflects on the type of work carried out by a company. It also reflects the quality of the company’s work, experience, staff & internal risk management.

Get an online quote for professional indemnity insurance for principal designer – CDM regulations today. For further information contact us or call 01270 758056.

Policy Coverage under the Construction Professionals Policy Wording

  • Negligent act error or omission
  • Unintentional intellectual property rights infringement (other than patents)
  • Unintentional breach of confidentiality
  • Unintentional defamation
  • Fraud & dishonesty
  • Loss of third party documents or data
  • Computer virus transmission
  • Negligence of sub-contractors
  • Collateral warranties (limited to 2 assignments)
  • Adjudications under the Housing Grants Construction & Regeneration Act
  • Irrecoverable fees
  • Bodily injury or property damage arising from breach of professional duty
  • Defence costs
  • Court attendance costs
  • Breach of health & safety legislation
button-getaquote

Other Insurance Services

Professional Indemnity Insurance
Public & Employers Liability
Injury & Incapacity Benefit Insurance
Director & Officers Liability Insurance
General Office Insurance
Shops/Retail Insurance
Insurance For Property Owners
Bespoke Business Insurance
Contract Works Cover
Trade Liability Insurance

Copyright © Hensure | Hensure Business Insurance Consultants is a trading name of RK Henshall & Co Ltd. www.rkhenshall.com. RK Henshall & Co Ltd are authorised and regulated by the Financial Conduct Authority. Registration Number: 308865. www.fca.org.uk. Written quotations, policy terms, conditions and exclusions are available on request. Privacy policy, Cookie policy, Complaints Procedure
LinkedIn Twitter Facebook
Call us today on