Design & Construct Professional Indemnity

Product Design & Construct Professional Indemnity
Product Manufacturer Joint Carrier & MGAM
Carrier Arch

Product Approval Process

This product has been reviewed by MGAM’s Product Oversight Group (POG) which concluded that the product risk review was sucessfully completed, including consideration of the wording, and did not identify any concerns or require any further actions. The product is suitable for the target businesses and responds to their exposure to losses arising in relation to legal exposures due to acts of negligence. The POG did not identify characteristics in relation to the various areas of potential risk.

Who this Product is suitable for:

The target market will be contractors with turnover of under £10m, unless they are a specialist contractor with a large design exposure. The product protects against the failure to exercise reasonable skill and care in provision of professional or advisory services and protects firms by providing a legal defence and covers the cost of damages from a clients claim.

Who this Product is not suitable for:

Multi national contractors, major housebuilders and those involved with sports stadia, hospitals or schools. This products is not suitable for Consumers. Exclusion would be for cladding. Basement and fire safety hazards.


Product Suitable Distrubution Strategy

Distribution Method Yes/No
MGAM Delegated Authority (Transactional) Yes
MGAM B2B2B Quote & Bind Platform No
MGAM B2B2C Quote & Bind Platform (first party system) No
MGAM B2B2C Quote & Bind Platform (third party system) No
Sub Delegated Authority (Coverholder) No
Coverholder B2B Quote & Bind Platform No
Coverholder B2C Quote & Bind Platform No

For more information contact

Oliver Lawton
Head of Underwriting Support Services

T:+44 (0)203 946 9102
M:+44 (0)788 129 9867