Professional Indemnity Insurance
Compariqo can arrange complete PII cover for any company or individual professional working within the construction sector to protect against any mistakes or third-party claims.
Are you a Professional working within the Construction Sector?
If your profession requires you to give advice or provide a service as part of your business activity, you may need a level of Professional Indemnity Insurance cover.
Professional Indemnity Insurance cover will protect you from the financial implications of claims against you for accusations of providing an inadequate service or having given improper advice that has caused your clients to lose money.
Who could require Professional Indemnity Insurance?
- Design and Construction
- Risk management
This list is not extensive and anyone who is carrying out work in a professional capacity may be vulnerable to face liability. In today’s claims-centric society, most professions have seen an increase in the potential for being sued for professional negligence.
Legal Costs Covered
Costs for Damages
Limits up to £10,000,000
REQUEST A CALLBACK FOR MORE INFORMATION
How Much Professional Indemnity Cover do you Need?
The price of cover will be affected by the number of employees, annual turnover of the company, and risks associated with the industry, so there is no set cost for professional indemnity insurance.
Every business is different and the cover required can depend on many factors so it’s always best to speak to us about your business activities and the type of cover you need so that we can arrange for a quote.
LIMITS OF INDEMNITY – £250,000, £500,000, £1M, £2M, £5M UP TO £10M
Whether you are a professional individual or an employee of an organisation that gives advice or provides a service, you may be liable for a claim against you if something goes wrong.
“Dear Compariqo, I’m stunned. I’ve never had such a swift turnaround on this – thank you so much for dealing with this for me. I will not only use you again but will recommend you to everyone I know!!”
Regalia Homes Kent Ltd
“From our first contact Compariqo’s communication was excellent. Their requirements were clear and precise and our reply’s actioned immediately, resulting in the issue of a new home warranty, problem free.
Scott was always professional yet friendly, and should the need arise we would not hesitate to use their services again.”
“I approached Compariqo as they offer a broader choice in the market place when it comes to structural warranties. The service was fast and efficient and I would recommend them to other companies needing to source a structural warranty for a new development.”
Developer, Taunton, Somerset
“After struggling for weeks with numerous brokers to find a provider for my structural warranty policy, Alex and Compariqo took complete control of the situation and sourced me a policy which enabled me to complete my remortgage. Alex in particular was excellent and kept me updated regularly. I would highly recommend Compariqo!”
“I used Compariqo after being let down by another company. Alex Flexman dealt with all my enquiries and helped me constantly through all aspects of the service. He was extremely helpful and very professional throughout the process. I would highly recommend Alex and Compariqo to any of my associates needing structural warranties.”
“If you are looking for a one stop shop solution to out of the box and standard borrowing then Compariqo Finance covers it all. Where other lenders have tried and failed Compariqo Finance will find a solution. The level of service from Thomas Naidu and colleagues is second to none. I am so grateful for their effort in finding a bespoke lender, and never gave up until we found what I needed for my complex situation. I have never had such a good experience in 25 years in the business. Thank you so much.”
“I contacted Jacqui to compare quotes on warranty companies for the conversion of the existing house into three flats. The flats all have separate entrances and the basement level has a lightwell. I found Jacqui to be very forthcoming with information, updating me regularly with correspondence she had received from the warranty companies and a delight in general to talk to. We now go to compariqo for comparisons for all warranty companies on any new developments we have coming up.”
Wow thank you for sorting this so promptly. You have saved me a lot of time & anxiety.
CSCL DEVELOPMENTS LTD
Excellent, prompt service and we will definitely be using you again during our next build. Both Steve and myself were impressed from our initial contact with Jaimie through to completion.
Jaimie explained in detail the insurance suitable and immediately emailed the contract for us to read. No sales pressure and responded when answers were required.
So, thank you again to you and your team at Compariqo.
Sandra and Steven Page
I found Compariqo thanks to my monitoring surveyor. This is my first big development, meaning a lot of insurance companies I was approaching directly, wanted to see similar projects I had worked on, but obviously that wasn’t possible. I explained the situation to Armand and the fact we had carried out a lot of work on the site already, but he assured me this wouldn’t be a problem.
Thankfully it wasn’t and the second site visit was carried out this week. Always available to speak if I have any questions and I would definitely recommend using Compariqo as they take the laborious nature of applying for a warranty out of your hands.
Oliver Donovan – O Donovan Properties