PIB Insurance have several markets that offer business insurance packages to suit engineering businesses, with insurance products designed for civil engineers and other groundworks industries to cover the risks your firm may face day to day.
We completely understand the needs of civil engineering firms, including other trades which are involved in concrete placing, directional drilling, haulage, paving, piling and other associated trades.
They often experience many risks associated with those involved with working at height, extreme depth, working with asbestos or working at other high-risk locations. This can result in insurance premiums being a considerable expense, or sometimes not being available at all. With our network of insurance companies and underwriters, we have a range of markets that we discuss tailoring a package with to suit your demands and needs.
What Insurance do Civil Engineers Need?
Our experienced brokers know a number of different insurance products which might be suitable for civil engineering firms, depending on the individual risks your business faces. The following tend to be popular with civil engineers:
- Professional Indemnity insurance cover: to give protection if a client sues you because you have made a mistake in your work. Professional indemnity can cover the cost of legal fees and compensation payment.
- Public liability insurance cover: to protect you against compensation claims made by a third party for injury or damage. This is essential for any business which comes into contact with members of the public, as a compensation claim can be made by clients, suppliers or even passers-by who are affected by your business have the rights to claim!
- Employers’ Liability cover: is a legal requirement for businesses who employ staff. It pays the compensation, should an employer sue you for work related injury or illness.
- Directors and Officers Insurance: protects your management against direct claims and the loss of their income.
There are other types of cover you may be interested in to add to your civil engineer insurance policy, such as business buildings insurance, business contents insurance or business legal protection insurance.
Why Choose PIB Insurance?
We are a leading insurance broker for businesses working with a number of insurance partners to offer a range of insurance products to suit differing specialist businesses and industries. Our modern, hands-on approach allows us to keep on top of industry changes and focus on developing long term relationships with our clients. With our head office in Leicester and offices in both the North and South of the country, we have a national reach, helping us to maintain our position as an Insurance Times Top 100 Brokers company.