In an increasingly litigious business environment, professionals in a range of knowledge-based industries are exposed to risks including claims for alleged negligence, breach of duty, misleading or deceptive conduct in their professional capacity.
Liberty recognises professionals’ need for comprehensive protection from litigation, and offers a suite of products to suit a range of situations.
Liberty’s Professional Indemnity (PI) suite includes a civil liability protection product catering to a diverse range of general professions (Civil Liability PI), as well as indemnity products for construction-specific professions (Construction Projects PI, Construction Consultants PI and Design & Construct PI).
Our innovative Principal-controlled PI product is designed to give project principals improved control over their cover, and our under-one-roof PI/Combined General Liability (CGL) product is ideal for professionals in small to medium enterprises with a need for PI cover as well as incidental liability protection.
Liberty’s Civil Liability PI protects clients across a wide range of professions against claims arising from injury, property damage or financial loss.
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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.
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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.
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Providing multidisciplinary services exposes design and construct (D&C) firms to a host of liability risks. Liberty has the solution.
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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) cover 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 product hands control back to the principal.
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