In today’s increasingly litigious environment, companies and individuals face ever more exposure to allegations of breaches of professional duty, the consequence of which can be financially disastrous.
MPW arrange Professional Indemnity Insurance for a wide variety of professions and consultancies. We have considerable experience within this field and offer specialist advice for the construction industry and its associated professional services.
We have developed strong relationships with leading Professional Indemnity Insurance Underwriters and Insurers which enable us to offer some of the most competitive PI terms available taking both premium and breadth of coverage into account.
The policy wordings we negotiate are matched against our client’s specific requirements and the needs of the business. Features may include:
- Selection of type of Indemnity Limit (aggregate, selected reinstatements, unlimited reinstatements or any one claim)
- Costs in addition to Indemnity Limit
- Full Retroactive cover
- Worldwide Jurisdiction (excluding USA and Canada)
- Design & Construct wordings including extensions 1 and 2
- Collateral Warranty Extension endorsements
- No excess applies in respect of Defence Costs and Expenses
Our Services Include
- Assistance in respect of all insurance claims
- The prompt provision of cover notes, policies and all necessary insurance documentation
- Advice and assistance in the completion of proposal and ancillary forms
- Help and advice in respect of collateral warranties and insurance related contractual matters
- A prompt and efficient response to all communications
- A comprehensive, personal yet thoroughly professional service