Professional Liability Insurance for Architects and Engineers
The exercise of the profession of architect or engineer is governed by the regulations of the Scientific Technical Chamber of Cyprus ΕΤΕΚ. Architects and engineers have enormous responsibilities. Their customers now have higher expectations than ever before. The works become more complex and require a lot of originality. Time limits are now tighter. Even the most diligent professional is at risk of making mistakes. No office can afford to be without insurance. We are aware of the type of protection you need and that is why we have developed the ideal solution to meet your insurance needs. Professional liability insurance allows you to continue practicing your profession and at the same time have peace of mind.
Who can be insured?
- Architects
- Civil Engineers
- Mechanical Engineers
- Electronic Engineers
- Chemical Engineers
- Mining Engineers
- Surveyors
- Quantity Surveyors
- Town Planners
Insurance coverage
Breach of Duty: Covers actual or alleged breach of duty, negligent act, error, omission, inaccurate statement, misleading statement, breach of warranty or authorization committed in good faith, or breach of confidentiality of performance, performance of service performed during the execution or breach.
Bodily Injury / Property Damage: When resulting from actual or alleged failure to achieve the legally required level of skill and specialization in performing professional services.
Intellectual Property: Covers copyright infringement.
Defamation: Covers libel and verbal defamation.
Dishonesty of Employers: Covers claims arising from fraud or dishonesty of the insured’s employers.
Clarification
The information above may vary from Insurance Company to Insurance Company. Depending on the Insurance plan we will propose, we will give you all the relevant information required by the legislation so you can make your decision. Ask us today for an offer and, we will choose the most suitable package for your needs and budget.
