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Large contracting companies manage complex projects involving contractors, architects, engineers, and surveyors – each with distinct professional and operational risks. These exposures require carefully structured Liability and Professional Indemnity (PI) solutions.
At Santam, we provide annually renewable construction insurance that typically combines PI, First-Party Rectification, and Broadform Liability into a single, comprehensive policy. Our specialist team leverages hands on sector expertise to assess and underwrite the complex legal and professional risks unique to the contracting and engineering industries.
Expertise
Our team of underwriters and claims specialists combine expert technical knowledge and operational insight to navigate the unique risks of the construction and engineering industries.
Longevity
Construction and project-related PI claims often take years to materialise, and even longer to resolve. With over 40 years of experience in managing complex, long-tail claims, we offer stability throughout the claim’s lifecycle.
Strength
Claims in this space can be significant and unpredictable. Santam, the largest short-term insurer in Southern Africa, has a 107-year legacy of paying claims, giving you the assurance of robust financial backing when it matters most.
Santam’s specialist insurance programme offers flexible coverage for contracting companies in the built environment, with a range of customisable options:
Professional Indemnity (PI)
PI cover for all professional services performed by the insured party and their subcontractors in the built environment.
Prior to handover
Includes First-Party Rectification and mitigation coverage to address and correct losses from errors or omissions before project handover.
Legal Liability
Covers legal liability for third-party injury or property damage resulting from construction activities, with optional extensions for Employers’ Liability and Motor Excess of Loss.
Capacity
The amount of cover (limit of indemnity) Santam provides depends on several factors, which are evaluated during the underwriting process.
Get expert guidance on safeguarding your business with tailored casualty insurance solutions. Request a call back, and our team will assist you in selecting the right coverage options.
Koketso Shabalala
Underwriting Head: Construction and Africa
E-mail: koketso.shabalala@santam.co.za
Tel: +27 78 654 7095
What information is required to get a quote?
Santam works exclusively through licensed insurance brokers. A proposal form – available by clicking on the Downloads button on this page – is required. Please provide any additional information that helps us understand your business, such as brochures, website details, surveys, or other relevant materials.
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