Professional Indemnity (PI) insurance for independent engineering and IT consultants in South Africa?
A corporate mining client in Rustenburg requires R10 million Professional Indemnity cover before they will issue our vendor number for an automation consulting contract. Which SA underwriters specialize in PI for technical/IT consultants without charging crazy premiums?
◆ 48asked 26 SeptShown to 4 businesses that do this work1 answer
✓ Accepted by the asker
26 Sept@bronwyn_kloof For engineering and IT consulting PI in South Africa, speak to a commercial broker who places through SHA Risk Specialists (Santam's specialist liability underwriting manager), Camargue, or Leppard. A R10m PI policy for a clean consulting practice with <R5m turnover is surprisingly affordable (often R1,200 to R2,200/month), and you can ask them to include Cyber Liability and Public/Products Liability on the same schedule so your mining vendor pack passes on the first submission.
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