Professional Indemnity

FOR DESIGNERS & CONSULTANTS

Nsure have over 20 years experience in arranging insurance for the Wet Leisure industry.

The current Professional Indemnity insurance market is extremely difficult, especially in the construction sector including Wet Leisure risks.

This is as a result of a number of insurers withdrawing from the market a few years ago following many years of losing money on Professional Indemnity, and those that remained took ‘corrective’ action by increasing premiums and restricting cover.

Despite this, Nsure still have access to insurers writing Wet Leisure risks, although due to the idiosyncrasies of the market, whether insurers offer terms may depend on their relationship with the broker and may not quote at all if the ‘wrong’ route to market is taken. In short, it is best to contact us early, not as a last resort.

Professional Indemnity insurance for the construction sector can be complicated, in part because of Collateral Warranties that often impose obligations which can leave a policyholder uninsured. Most insurers with whom we place Professional Indemnity cover offer a collateral warranty checking service to identify contract
clauses that go beyond the scope of policy coverage.

Please see our factsheets on Professional Indemnity Insurance and Collateral Warranties.

To speak to one of our specialists call 01903 520200 or email stewart.murray@nsure.co.uk

 

Download the Professional Indemnity leaflet here