Professional Indemnity Insurance
Overview
With Delta’s Professional Indemnity insurance, you’re covered for providing professional services involving specialist knowledge or expertise and if a complaint is made against you to a professional body. You’re also covered against civil liability for professional negligence, breach of contract, misrepresentation, breach of the Fair Trading Act, defamation, unintentional breach of intellectual property rights, and dishonesty of directors and employees. So that you can defend yourself, our policy includes a separate limit for defence costs
Coverage Benefits
Nil Excess on Defence Costs
Uncapped defence costs with no excess payable on a successful defence (i.e. you only pay the excess if you’re liable)
Affirmative Cyber Liability
Including cover for cyber terrorism
Proactive Loss Mitigation
Helps to cover you through a crisis
Unlimited Reinstatements
The full policy limit is available for each claim, even if you’ve already had a claim that year.
Vicarious Liability
We cover you for your liability arising from the actions of sub-contractors and others working for you.
Fee Refund
For claims made against you for a refund of fees paid to you.
Optional Add-on Policy
Our Pursuit and Defence Legal Costs Policy provides funding to pursue a legal case, as well as defend litigation that comes your way. It covers you for property disputes, data protection, employee breach of restrictive covenants, commercial contract disputes and Statutory Licence.
Territory/Jurisdiction
NZ and Pacific Islands domiciled risks
Worldwide Jurisdiction can be provided
Target Segments
Architects, Engineers and Construction risks
IT, Telecoms and Media companies
Management Consultants
Quantity Surveyors
Excess Liability for Solicitors and Barristers (in excess of $10m)
Educational institutions
Travel Agents
Recruitment Firms
Capacity
Up to $30m, any one claim
Primary & Excess
