Insurance policies for projects of all sizes
High contractual requirements, increasing competition, traditional barriers, and diverse roles.
Many challenges lie at the practical engineer's doorstep, and you need a solution that allows progress on any project of any size.
One that removes obstacles and sees insurance as a tool, not a goal. Professional liability insurance for practical engineers at Itzik Simon Insurance Agency is done with recognition of the important and critical role of practical engineers in the industry.
We will lead you with characterization of the office's needs, dealing with high contractual requirements through effective negotiation with the client and their consultants, and tailoring a professional liability policy for practical engineers that is no less comprehensive than the policy we issue to the largest engineering firms. We will strive to create an exact balance between the cost of professional insurance for practical engineers (which is not among the lowest) and your economic capabilities, while preserving your reputation and financial stability.
Professional liability insurance for engineers is the only tool that allows you as an engineer to be protected. Knowing that you are equipped with an adequate envelope against negligence claims of huge amounts, which may appear even many years after the work is completed. |
Professional Liability Insurance for Practical Engineers
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Itzik Simon - The Leading Agency for Construction Insurance and Engineering Fields
The connection between construction work and insurance aspects requires specific and multi-disciplinary expertise. Itzik Simon Insurance Agency has specialized in construction insurance for about 40 years and is considered the leading insurance agency in Israel in these fields.
The agency has rich experience in contractor works insurance as well as liability insurance, including professional liability insurance for architects, professional liability insurance for engineers, and professional liability insurance for practical engineers.
Building Professional Liability Insurance for Practical Engineers
Building professional liability insurance for practical engineers at Itzik Simon Insurance Agency is done from a perspective that sees practical engineers as an important force in the construction industry.
We make precise adjustments to the policy for practical engineers, including relevant coverages and extensions such as maximum liability limit, Run-Off coverage, insurance for defamation, fraud and employee dishonesty, criminal proceedings due to negligence, extended discovery period, loss of documents, intellectual property, employer's liability, and more.
Professional liability insurance for the engineering industries, with an emphasis on engineers
The Itzick Simon Insurance Agency specializes in assisting with the purchase of insurance coverage for architects , engineers and civil engineers. We believe that civil engineers are also entitled to a comprehensive insurance policy that will protect them perfectly on the day of the accident, and that their rights are no less than those of engineers or architects. Architectural engineers receive a tailor-made solution from us, just like a professional liability policy for architects , and so do civil engineers, whose conditions are no less than those of civil engineers in compiling a professional liability policy.
Building a professional liability policy against claims over many years
Claims for professional liability are filed even after many years, and sometimes even when the professional is no longer active (and possibly after his death and against his estate). Building a professional liability insurance policy is a task that looks ahead to the future. Professional insurance for civil engineers , civil engineers, architects and architectural engineers, including coverages that provide a solution to this, including run-off coverage, liability limit, incoming/outgoing partners, extension of the disclosure period, and more.
