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 one project you can outsource. We can provide multiple quotes from some of Australia’s leading insurers straight to your inbox or over the phone in minutes.

Project manager insurance can cover project management activities undertaken by a variety of occupations 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.  When the result doesn’t go to plan or worse, your plan contains an error, there is a possibility that a claim (including legal action) may be made against you.

Some of the areas of risk project managers may be exposed to include:

• Providing incorrect advice to a client
• Failure to manage the project
• Misinterpreting data or plans

This is where Professional Indemnity is likely to assist you.

It is designed to respond to claims against your business for losses arising as a result of actual or alleged negligent acts or omissions in the provision of your professional consulting service or advice. PI Insurance will also assist with the legal costs associated with responding to or managing claims which are covered by your policy.

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.