Design & Construct PI Insurance Market Witnesses Softening, Embracing Higher Limits and Expanding Project Scope

Introduction:

Design & Construct PI (Professional Indemnity) Insurance is an insurance policy that provides coverage for contractors involved in Design & Construct projects. In this type of arrangement, the contractor not only carries out the construction work but also takes on the responsibility of performing the design function, offering a convenient solution for clients who don't need to hire separate design professionals.

The Design & Construct Professional Indemnity (PI) insurance market has undergone a significant transformation in recent years. Insurers, once cautious and conservative, are now showing greater . . .

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