Professional Indemnity

Liberty’s Civil Liability PI protects clients across a wide range of professions against claims arising from injury, property damage or financial loss.

Cost pressures, tight timeframes and project complexity - project consultants must cope with these while minimising risk and exposure to third-party litigation. Liberty can help.

The global infrastructure boom brings economic benefits for developers and design and construction companies, but there’s a sting in its tail: the exposure to litigation risk.

Providing multidisciplinary services exposes design and construct (D&C) firms to a host of liability risks. Liberty has the solution.

Project principals are vulnerable to a range of potential risks – cost blowouts, missed deadlines, lost revenue, negative press, among others – that may result from a mistake by a contractor or consultant in the performance of their professional services.

Relying on contractors’ professional indemnity (PI) may not be protection enough if: their cover includes loss mitigation or cross liability; they breach their policy conditions or fail to meet their duty of disclosure; and if the limit is eroded or exhausted by other third party claims and legal defence costs.

Liberty’s Principal-controlled PI (PCPI) product hands control back to the principal.