Wide access to market
As an independent specialist, our recommendations are based solely on your firm’s best interests; not tied to any single insurer or network.
Independent advice. Uncompromised service.
Dedicated Account Manager
Direct access with one-to-one assistance from a specialist, not a call centre.
Dedicated Claims Advocacy
Our in-house claims support team handles notifications, liaises with insurers and guides clients, providing reassurance when it matters most.
Trusted coverage for Design and Construction professionals
Contractors and construction firms who operate in the built environment have a unique exposure when they work on a “Design and Construct” basis which involves assuming responsibility for advice, design and specification and a range of other “professional” activities such as project management.
These professional activities can either be undertaken by in-house staff or, as is often the case, they can be sub-contracted to specialist consultants but either way the contractor assumes the professional risk under a contract and it is common for such contracts to require the Contractor to maintain professional indemnity insurance (PII). Professional indemnity insurance for the construction industry responds to claims which are brought under contract, either directly by a client or by third parties under duty of care agreements such as collateral warranties and novations.
Construction industry claims can be complex and we often see claims where mud is thrown at all parties to a contract in the hope it sticks somewhere. Resolving these issues can be very costly and time-consuming and one of the key benefits of a professional indemnity policy for a contractor is that the Insurers will help to navigate the claims process and defend against spurious claims. In addition, where a contractor is liable for a professional error made by a sub-consultant, PI insurance will take care of the claim in the first instance, to protect a contractor’s cash flow and reputation, leaving insurers to pursue claims against professional consultants who may have been at fault.
What does professional indemnity insurance cover?
Quite apart from the core cover provided in respect of claims payments, the PII policy will provide cover for the Insured firm’s own costs in investigating and defending themselves against claims and these professional and legal costs are often significant and, even where a claim is successfully defended, there is no guarantee that such costs can be recovered.
The construction industry in particular is exposed to an ever-changing litigation environment and in a post Grenfell era with increased liabilities flowing from the Building Safety Act, as an example, it is important that cover available under a professional indemnity policy reflects the state of the insurance art. Cover for fire safety and cladding claims, which has been subject to exclusions in the past, is now available to varying degrees provided the right insurers are engaged, and the right information is provided.
At Juno, we pride ourselves on having broad access to the market. Coupled with an understanding of the unique risks and the constantly evolving legal framework, we have the tools necessary to find the right PI policy for those in the construction industry
How we arrange competitive PII
Whatever the size or type of firm you are, our dedicated broker and client manager teams will work closely with you to ensure we have a comprehensive understanding of your particular risks and circumstances.
In addition, we provide advice and support during the renewal process; a full market review to ensure your quote is tailored to match your exact needs so your firms secures the best premium and terms with the most suitable insurer.
Approach
We start by understanding our clients and by helping them to understand how the PI insurance market works. The best chance of securing competitive terms revolves around a high–quality presentation which shows the prospective Insured firm in the best light and highlights quality and risk management attributes
Broking
We then match the risk to potential insurers. Different PI insurers have different appetites. It is a waste of time and possibly damaging to a firm’s insurance prospects to simply market to everyone. Instead, we filter out poor matches and focus on those insurers who are most likely to offer the best combination of cover and price
Claims
When the worst happens, we have a dedicated claims team, in addition to each client’s own individual account manager, who will actively engage with Insurers to achieve the best outcome. Claims can cause havoc in terms of cost, stress and distraction and we will do everything we can to secure a satisfactory resolution in the quickest time possible. Most importantly we will advocate for our clients by challenging insurers where necessary and interrogating the exact cover provided by a policy wording which is often complex and nuanced.
Get in touch today and explore your options
Speak with a specialistSpeak to our specialists for more information or a no obligation quotation
Always competitive quotes, no obligation. By providing any details, our managers can appropriately assess your bespoke requirements and offer tailored solutions.
Once your enquiry is submitted, we aim to respond within 24 hours.
Alternatively, you may contact us directly by phone or email.
Available Mon to Fri, 9am – 5pm.
We aim to respond to emails within 24 hours.
"*" indicates required fields