Project Manager PI Insurance
Professional Indemnity cover for project managers - protection for the programming, cost, coordination and contract-administration advice your clients rely on.
$20M+
Limits Available
Contract
Ready
Often Same Day
Quotes
Recognition
THE SHORT ANSWER
Project manager PI insurance is Professional Indemnity cover for the programming, cost, coordination and contract-administration advice your clients act on. It responds when a client alleges your project management work was negligent and caused them financial loss - covering programme delays, cost-plan errors, coordination failures, contract-administration mistakes and the legal defence costs that follow, including for claims that are ultimately unproven.
Project management advice sits in a category insurers treat carefully, because an error can flow into a delay or overrun far larger than your fee - if you've been declined, we map the specialist markets that write mixed advice-and-delivery roles.
Your clients act on your programme, budget and coordination. When something slips, Professional Indemnity insurance protects you from claims that your advice caused the loss.
Contract Requirement
PI is commonly required by client contracts, government panels and head-contractor agreements. We arrange cover that meets the limit your contracts call for.
Advice-Led Exposure
Your exposure sits in the advice: programmes, cost plans, sequencing and coordination. A single error can flow into a delay or overrun far larger than your fee.
WHY TANK INSURANCE
Why project managers work with us
Project management PI sits in a category insurers treat carefully, because the advice can drive losses many times the fee. We work with insurers who understand project delivery risk, tailor the wording to what you actually do, and arrange the limits your contracts require.
01
Project Delivery Risk
We work with insurers who understand programming, cost management, superintendence and coordination - and the claims that arise from them.
02
Contract-Ready Limits
Government panels and head contractors set the limit you must hold. We arrange $5M, $10M, $20M or higher where your contracts require it.
03
Wording That Fits Your Role
Construction, infrastructure, fit-out or IT project management each carry different exposures. We tailor the cover to your actual services.
04
Hard-to-Place Support
Mixed advice-and-delivery roles can be tricky to write. If you have been declined, we map the specialist markets that will.
PROFESSIONAL RISKS
Risks project managers face
Your professional liability sits in the decisions and advice that shape a project's time, cost and coordination.
POLICY SCOPE
What Project Manager PI Insurance Covers
Professional Indemnity for project managers is designed to respond to claims arising from your project management advice and 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.
PI OR DESIGN AND CONSTRUCT?
The right cover follows your scope of works
Project management PI responds to your advice. The moment your role extends into the construction itself, a different policy does the heavy lifting. We look at where your responsibility actually sits on a project before we place anything - getting that line right is what stops a gap opening up later.
Client-Side Project Management
Professional Indemnity
If you are purely managing the project on the client's side - programming, cost control, superintendence and coordination - Professional Indemnity is the cover. It responds to claims that your advice or management caused a financial loss.
- ✓Advice, programming and coordination
- ✓Contract administration and superintendence
- ✓No direct responsibility for the physical build
Involved In Or Responsible For The Build
Design and Construct
If at any point you become involved in the construction itself, or take on responsibility for it, a Design and Construct policy is usually the better fit. It responds to the construct as well, not just the advice, so you are not left with a gap between your PI and the physical works.
- ✓Design responsibility carried into delivery
- ✓Involvement in, or responsibility for, the build
- ✓Cover that responds to the works, not only the advice
Not sure which side of the line you sit on? That judgement is exactly what we work through with you. Tell us what you actually do on a project and we will structure the cover - PI, Design and Construct, or both - around it. Talk to a broker.
REAL-WORLD APPLICATION
Project management scenarios
These examples represent the types of situations Professional Indemnity is designed to address for project managers.
A programme error delays practical completion and the principal pursues a delay claim.
A cost plan understates the budget and the client alleges the overrun flowed from the advice.
A coordination gap between consultants leads to rework and a dispute over who is responsible.
A superintendent's certification or instruction under the contract is challenged.
Tender or procurement advice is alleged to have caused the client a financial loss.
A reporting omission means a risk is not escalated and the client claims resulting loss.
A programme error delays practical completion and the principal pursues a delay claim.
A cost plan understates the budget and the client alleges the overrun flowed from the advice.
A coordination gap between consultants leads to rework and a dispute over who is responsible.
A superintendent's certification or instruction under the contract is challenged.
Tender or procurement advice is alleged to have caused the client a financial loss.
A reporting omission means a risk is not escalated and the client claims resulting loss.
CASE STUDIES
Project managers we've placed
Real project management placements from our PI book - each taken to multiple insurers, including markets that referred or declined, before we found the right one. Follow any case for the full story.
Premiums and outcomes described are specific to each client and indicative only. Your own terms will depend on your circumstances and the insurer.
QUESTIONS
Project Manager PI - Frequently Asked Questions
RELATED COVER & GUIDES
Related professional indemnity cover
Speak with a broker who arranges PI for project managers across construction, infrastructure and IT.
Talk to a Specialist Broker →
PI Insurance for Project Managers
From single commercial fit-outs to government infrastructure programmes, we arrange Professional Indemnity that matches your role and the limits your contracts require.