Multi-Year Construction Risk

Vero Liability offers multi-year professional indemnity insurance for a range of single projects, including Public Private Partnership agreements and traditional Principal and Head Contractor agreements.

About

Multi-year Single Project Professional Indemnity insurance responds to claims arising from Wrongful Acts (which includes negligent acts, errors and omissions) in the conduct of the insured’s professional activities in relation to the insured project. The contractual obligations in relation to the insurance and liability limitation provisions governing the project often require the period of insurance to extend to multiple years.  The insurance covers liability to the claimant and the costs of defending the claim. 

Who should consider this product?

• Alliances 
• Public Private Partnerships
• Principals and Head Contractors