Professional Indemnity Insurance for Construction Managers
Covers financial losses that a construction manager may cause to his clients in the course of his work.
Viðskiptavinir okkar fá afslátt á ýmsum öryggisvörum
Covers financial losses that a construction manager may cause to his clients in the course of his work.
Professional Indemnity Insurance is designed to compensate for general financial damages the insured may inflict on their clients in their occupation. Construction managers are required to purchase and maintain professional liability insurance according to the Constructions Act.
Liability that falls on the insured, when a third person suffers general financial loss, due to the insured's neglect of their duties, cf. Art. 29 of the Act on Constructions no. 160/2010.
Loss or damage attributable to the intention of the insured person or their employees.
Loss or damage that can be attributed to the fact that the insured takes on a greater responsibility than their general liability as construction manager.
Fines and other penalties levied against the insured party or third person.
Personal injury or property damage.
The operation of the insured outside of Iceland or wider liability than the Icelandic law on liability or compensation amounts call for.
Our team consists of specialists with extensive knowledge of insurance and broad experience in analysing the needs of businesses of all sizes and types.
It is important to have the right insurance for your business, whether it concerns your employees, operations, or equipment.
We work closely with our business clients to ensure that their insurance reflects the needs of their operations at all times.