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Professional Indemnity Insurance for Project Managers
Project managers coordinate budgets, timelines and multiple professional teams — and carry liability when clients allege that negligent oversight caused delay or loss. Professional Indemnity covers claims arising from your project management advice and decisions.
Why it matters
Why project managers need Professional Indemnity
- Clients increasingly require project managers to carry adequate PI cover as a condition of appointment.
- Programme and budget disputes are a common source of claims against project managers.
What does Project Manager PI cover?
- ✓Claims arising from alleged negligent project management advice or oversight.
- ✓Defence costs in responding to professional negligence allegations.
Common exclusions
- –Deliberate or fraudulent acts.
- –Liability better suited to Public Liability.
Real scenarios
Common Project Manager PI claims
Programme delay disputes
Claims alleging negligent scheduling or delay management.
Budget overrun disputes
Claims linked to failure to manage or report on project budgets.
How much PI cover does a project manager need?
Limits should reflect the value of projects you manage and any client contractual requirements.
What affects the premium?
- Annual fee income
- Sector (construction, IT, business)
- Largest project value
- Claims history
What information insurers require
- • Annual fees
- • Sectors managed
- • Largest project value
- • Claims history
Retroactive cover
Retroactive date should reflect when you began providing project management services.
Run-off cover
Run-off cover protects against claims notified after you stop trading.
FAQ
Frequently asked questions
Yes — most client contracts for independent or contract project managers require adequate PI cover.
Get your Project Manager PI quote
One simple online application, tailored to how project managers actually work.
Related professions
Related covers
- Public Liability →
For site-based project management roles.
- Cyber Liability →
For project managers handling digital project data.