Insurance for Project Managers

Why do Project Managers need it?  

Bringing projects to life is your expertise. But when it comes to organising your business insurance, this is the one project you can outsource. Let us present multiple quotes from Australia’s leading insurers straight to your inbox or over the phone in minutes. 

Project manager insurance covers a variety of modalities including: 

•  Management consultants 
•  Information technology (IT) / Computer Consulting services 
•  Construction project management services 
•  Architect and Architectural consulting services 

Get the cover that’s right for your project management business

Professional Indemnity* 

Your role as a project manager brings a great deal of responsibility to deliver results on time and without exceeding the budget. When things don’t go to plan and your clients feel you‘re not meeting their expectations and delivering the service that was agreed upon, the risk for legal action becomes a reality. 

Some of the key areas of risk you may be exposed to include: 

• Providing incorrect advice to a client 
• Failure to manage the project 

This is where Professional Indemnity becomes your best friend. It provides protection against potential losses arising from acts, errors and omissions from your project management services. Your policy will cover the compensation awarded to your client as well as legal and defence costs, court costs, and PR costs. 

Public Liability Insurance*

Whether you work from an office or you’re out and about onsite, Public Liability insurance is important to your project management business. It is designed to provide protection for you and your business in the event a client, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.

Management Liability* 

Protect your project management business against the risks and exposures associated with running a company with employees with Management Liability insurance. This policy will protect your business and personal assets against legal costs for allegations of mismanagement, misconduct or legislative breaches in the conduct of the business. 

Cyber Liability* 

Take the time to think about the client data you may be storing and the severe consequences if it were compromised. Cyber Liability protects your business against the associated expenses and legal costs if your network was hacked and sensitive client information is stolen.