Smarter business insurance

Engineers Insurance.

Specialist protection for engineering advice, design work and consultancy - backed by expert brokers who understand your industry.

95%+

Retention Rate

National

Coverage

Same-Day

Quotes

Recognition

Industry Awards

CORE COVER MIX

Cover built around how engineers actually work

Most engineering firms combine a tailored mix of the covers below to build a complete protection engine.

Engineering structure detail

CORE COVER

PI

Professional Indemnity

Essential protection for financial loss claimed due to design errors, omissions or professional negligence.

+

ON-SITE RISK

PL

Public Liability

Covers third-party injury, property damage and associated legal defence costs arising from operations.

+

PHYSICAL ASSETS

BP

Business Pack

Tools, portable equipment, office contents, stock and commercial assets, with options for fire & theft.

+

DIGITAL EXPOSURE

CY

Cyber Insurance

Data breaches, hacks, ransomware, system damage, business interruption and forensic IT costs.

+

CORE COVER

PI

Professional Indemnity

Essential protection for financial loss claimed due to design errors, omissions or professional negligence.

+

ON-SITE RISK

PL

Public Liability

Covers third-party injury, property damage and associated legal defence costs arising from operations.

+

PHYSICAL ASSETS

BP

Business Pack

Tools, portable equipment, office contents, stock and commercial assets, with options for fire & theft.

+

DIGITAL EXPOSURE

CY

Cyber Insurance

Data breaches, hacks, ransomware, system damage, business interruption and forensic IT costs.

+

DISCIPLINES WE SUPPORT

Who This Cover Is For

We arrange tailored cover for engineering disciplines across Australia.

Acoustic engineering
Chemical engineering
Civil engineering
Drafting & design
Electrical engineering
Environmental engineering
Geotechnical engineering
HVAC & mechanical services
Hydraulic engineering
Industrial & manufacturing
Marine engineering
Mechanical engineering
Mining engineering
Plumbing engineering
Product design engineering
Safety engineering
Software & systems engineering
Structural engineering
Telecommunications engineering
Traffic engineering
Water, sewerage & flow systems

COVERAGE OVERVIEW

What's Included in Engineers Insurance

Your insurance package is tailored to your discipline, revenue, project complexity and contractual obligations. Common inclusions are:

Professional Indemnity provides financial protection if a client alleges your advice or design work caused them loss.

  • Incorrect calculations or design errors
  • Oversights in reports, drawings, specifications or documentation
  • Advice that leads to project delays or cost overruns
  • Alleged breaches of professional duty
  • Misstatements or omissions in technical work
  • Legal defence costs (even for unproven claims)
  • Some mitigation costs (varies by insurer)
  • Some unintentional IP infringement (varies by insurer)

Tank Insurance works with specialist PI underwriters including: Dual, CFC, Brooklyn, Vero, CGU, QBE, High Street, Woodina, Ocean Underwriting, Newline, Berkley, About Underwriting, Chubb, Arch Insurance, and others.

This allows us to negotiate the right terms for your specific discipline.

Recommended for engineers who conduct site visits, inspections or contract management. Protects against:

  • Third-party property damage
  • Personal injury claims
  • Legal defence costs

Depending on your business setup, this may include:

  • Tools and portable equipment
  • Office contents and electronics
  • Stock and commercial property
  • Fire, theft and accidental damage
  • Business interruption

Engineering practices increasingly handle sensitive data and rely on digital systems. Cyber cover can protect against:

  • Malware and ransomware
  • Data breaches
  • System damage
  • Business interruption
  • Forensic IT and recovery costs

Note: Cover varies between insurers — always check your PDS.

POLICY SCOPE

What's Covered / Not Covered

Here's what Professional Indemnity typically responds to.

Architectural structure detail
Architectural structure detail

Usually Covered

Professional negligence
Design errors or incorrect calculations
Documentation mistakes
Advice causing financial loss
Legal defence costs
Some mitigation or IP cover (varies)

Not Typically Covered

Intentional wrongdoing or fraud
Known issues not disclosed to the insurer
Property damage or bodily injury (Public Liability covers this)
Contractual guarantees beyond reasonable professional duty
Work in excluded jurisdictions
Fines or penalties

COMMON QUESTIONS

Common Questions Engineers Ask

Requirements vary across Australia. Many engineers must hold PI to meet RPEQ, NSW DBP Regulation, commercial client requirements or industry standards. We help engineers understand how insurers interpret these obligations when setting terms.
PI is designed to respond when your business is found legally liable for professional services, including work performed by your employees and, in many cases, subcontractors engaged by you. The appropriate level of cover depends on:

  • The types of projects you take on
  • Your exposure to downstream financial loss
  • What your contracts require
  • Typical limits chosen by similar engineering disciplines

The limit is ultimately your decision; we help you make an informed one.
Generally, no. PI responds to civil claims for financial loss, not criminal penalties or regulatory fines.
Policy Basis: Professional Indemnity (PI) insurance is claims-made, meaning the policy that is active when the claim is made is the one that responds — not the policy active when the original work was performed.

Client Success: Our hands-on claims management is a major reason Tank Insurance maintains a 95%+ renewal rate among engineering clients.

REAL-WORLD APPLICATION

Engineering Scenarios

These examples represent the types of situations Professional Indemnity is designed to address.

01

A misinterpreted soil report causing revised foundation works.

02

An incorrect structural calculation leading to redesign.

03

Documentation inconsistencies creating costly project delays.

04

A mechanical services specification that fails to meet performance requirements.

05

Certification disputes under the DBP Act.

06

Software or systems engineering errors resulting in downstream financial loss.

01

A misinterpreted soil report causing revised foundation works.

02

An incorrect structural calculation leading to redesign.

03

Documentation inconsistencies creating costly project delays.

04

A mechanical services specification that fails to meet performance requirements.

05

Certification disputes under the DBP Act.

06

Software or systems engineering errors resulting in downstream financial loss.

WHY ENGINEERS WORK WITH US

Why Engineers Choose Tank Insurance

A specialist brokerage focused on engineering risks, complex PI placement and hands-on support at every stage of your policy.

Engineering crane detail

We place engineering Professional Indemnity regularly and understand how underwriters view different disciplines, project types and contract structures.

We work with a broad panel including Dual, CFC, Brooklyn, Vero, CGU, QBE, High Street, Woodina, Ocean Underwriting, Newline, Berkley, About Underwriting, Chubb, Arch Insurance and more.

One broker plus one dedicated support resource per client, so you always know exactly who to contact and get fast, informed assistance.

Straightforward engineering risks can often be quoted the same day, or within 24–48 hours, once all required information is received.

We personally lodge, manage and negotiate every claim, coordinating underwriters, assessors and panel lawyers so you can focus on projects.

We help you understand what insurers are looking for and how your projects are viewed from a risk perspective, including subcontractor cover, project exposures and how to frame business descriptions for underwriters.

Tank Insurance is led by award-winning broker Marel Pencev, recognised as a top NSW broker by Advisr for his work with SME and specialised clients.

Our engineering clients stay with us because we get the placement right from the beginning, adapt cover as their business grows, and advocate for them at every renewal.

Based in Sydney and servicing engineers across Australia, whether you work locally, interstate or on national project portfolios.

FAQ

Engineers Insurance FAQ

Your PI limit depends on the type of engineering work you do, project complexity, contract requirements and the potential financial impact of an error. Requirements differ across insurers, clients and Australian states. A broker can help assess exposures.
Employee work is often covered. Subcontractor cover varies widely, some insurers include supervised subcontractors, others require subcontractors to hold their own PI. Always check the PDS.
Some policies include overseas extensions, but this depends on the insurer and jurisdiction. Always disclose international work upfront.
Often, yes, for RPEQ, NSW DBP roles, commercial projects and government contracts. Requirements differ by state and engineering discipline.
Financial loss arising from your advice or design work, including errors, omissions, documentation issues and legal defence costs. Cover varies between insurers.
Common exclusions include intentional wrongdoing, property damage/injury (Public Liability covers this), undisclosed issues, work in excluded jurisdictions and insurer-specific exclusions.
By discipline, revenue, project size, claims history, subcontractor use, required limits and excess. View our detailed cost guide for engineers.
PI is claims-made. Notify your broker early, provide documents and let the insurer handle investigation and legal defence.
Yes. Tank Insurance can obtain the Certificates of Currency from the insurer or underwriting agency the same day once the policy is set up.
Most insurers offer run-off cover for retired or closed businesses. Options depend on the PDS and contract obligations.

Secure Your Engineering Business with Specialist Protection

Get tailored Engineers Insurance backed by specialist PI expertise, national insurer access and a brokerage that advocates for you.