High-Limit Professional Indemnity Insurance
$5M, $10M and $20M+ PI cover for contract requirements - including limit increases, hard-to-place risks and renewals your insurer can no longer write.
$20M+
Limits Available
Specialist
Underwriters
Often Same Day
Quotes
Recognition
THE SHORT ANSWER
High-limit Professional Indemnity insurance provides $5M, $10M and $20M+ PI cover for engineers, consultants and design firms whose contract specifies a limit their current insurer cannot write. It raises the ceiling on the same PI protection - cover for financial loss claimed from your professional advice, designs or services - by reaching the specialist underwriters with genuine appetite for higher limits.
A decline or a limit your insurer cannot increase reflects one insurer's appetite, not the whole market, so hard-to-place and non-renewed risks can often still be placed with the right specialist underwriter.
A contract asks for a limit your current insurer cannot write. High-limit Professional Indemnity is about reaching the specialist underwriters who actively write $5M, $10M and $20M cover.
Limits That Meet Your Contract
Commercial, government and Tier 1 contracts often specify the exact PI limit you must hold. We read the insurance clause and arrange cover that meets it, on time.
When the Market Says No
A decline or a limit your insurer cannot increase reflects one insurer's appetite, not the whole market. Declined or non-renewed PI can often be placed with the right specialist underwriter.
WHY TANK INSURANCE
Why firms come to us for higher limits
When a contract demands a limit your current insurer cannot write, the answer is rarely the direct market. We map the specialist underwriters with genuine appetite for higher limits, present your risk properly, and compare terms so you are not paying a single insurer's premium for cover that several markets will write.
01
Specialist Capacity
We work with underwriters who actively write $5M, $10M and $20M PI for professional and construction-adjacent risks, well beyond standard direct limits.
02
Contract Clause Review
We read the insurance clause in your contract and arrange a limit, retroactive date and wording that actually satisfies it - not just a higher number.
03
Hard-to-Place & Declined
Declined or non-renewed at a higher limit? We regularly place cover other insurers stepped back from by taking the risk to the right specialist market.
04
Deadline-Driven Turnaround
Contract deadlines do not wait. Straightforward risks can often be quoted the same day, with the market mapping ready when you need to sign.
WHO THIS IS FOR
When you need a higher PI limit
High-limit PI is usually triggered by a contract, a project or a renewal - not by fee income alone. These are the situations we place most often.
POLICY SCOPE
What High-Limit PI Insurance Covers
A higher limit raises the ceiling on the same Professional Indemnity protection - cover for financial loss claimed from your professional advice, designs or services.
Usually Covered
Not Typically Covered
This is a general guide only. What is and isn't covered depends on the terms, conditions, limits and exclusions of your specific policy.
CREATIVE STRUCTURING
More than one way to reach the limit
A single insurer is not the only path to a higher limit. Because we work across a range of insurer securities and binders, we can build the cover you need by layering markets and structuring the excess to suit the risk. When a contract demands a limit the direct market will not write on its own, there is usually a way to construct it.
Excess layers - building a tower
If your primary policy is $5M and you need $10M, a second insurer can sit on an excess layer above it - written as "$5M excess of $5M", or a "5 x 5". The excess insurer responds once the primary limit is used up. Layers can be stacked further to reach $15M, $20M and beyond.
We can place that 5 x 5 with a different insurer to the primary, because we hold access to multiple insurer securities and binders rather than relying on a single market. That access is what makes higher towers possible.
Large self-insured excess for big PI
For larger PI risks, carrying a higher self-insured excess - the amount you contribute to a claim - can open up markets and help manage premium. We can structure excesses such as $10k, $50k, $100k or $200k where it suits the risk and the balance sheet behind it.
We have quoted self-insured excesses up to $500k for large PI programmes. The right level depends on your financials, claims history and the cover you are trying to achieve - and we will model the trade-off with you.
The point is simple: there is rarely just one way to structure high-limit PI. Tell us the limit and excess you need and we will map the options across the market.
CORPORATE ADVISORS & TRANSACTION WORK
High limits for M&A and corporate advisory work
For M&A advisers, transaction advisers, business valuers and capital-raising consultants, the limit is driven by the size of the deal, not your fee income. A single error in a valuation, model or disclosure can flow into a loss many times your engagement fee, which is why advisory mandates routinely call for $5M, $10M or $20M of cover - and why the wording detail matters as much as the number.
The Detail That Matters
Beyond the headline limit
- →Costs-inclusive vs costs-in-addition - whether defence costs sit inside or on top of the limit changes what the cover is really worth
- →Retroactive date - preserving it so past advisory work stays covered when you move insurer
- →Certificate timing - getting the certificate of currency issued before you have to sign the mandate
- →Insurer capacity - reaching markets with appetite for advisory risk at the higher limit
How We Reach It
Capacity for advisory risk
Generalist markets often step back from corporate advisory work, so the higher limit comes from specialist financial-lines underwriters - and, where one market cannot reach the figure alone, from layering an excess policy above the primary. We map that capacity and structure it to the mandate.
- ✓Specialist markets that write M&A, valuation and capital-raising PI
- ✓Excess layers to reach $10M, $20M and beyond
- ✓Wording matched to what your counterparty actually requires
CASE STUDIES
Real high-limit placements we've handled
Limit increases and higher-limit cover from our professional, engineering and corporate advisory book. Different professions, same outcome - the limit sized to the work and placed at a competitive price.
Premiums and outcomes described are specific to each client and indicative only. Your own terms will depend on your circumstances and the insurer.
QUESTIONS
High-Limit PI - Frequently Asked Questions
RELATED COVER & GUIDES
Where high limits are needed most
Speak with a broker who places high-limit and hard-to-place PI for contract requirements.
Contact a Specialist Broker →
Need a Higher PI Limit for a Contract?
Tell us the limit your contract requires and the deadline. We map the specialist markets with capacity for $5M, $10M and $20M cover and come back with competitive terms.