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Engineering insurance

We have engineers like you to thank for a lot. Keep up the innovation with engineering insurance arranged by Marsh.

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Why should engineers consider insurance?

The engineering industry involves risks like any other. But no two engineers face exactly the same risks. Small engineering companies might be more dependent on key clients, exposing them to sudden financial strain if a client goes dark. Medium-sized companies have more staff to manage and look after – potentially complicating risk management. Regardless of your company’s size, you should consider professional indemnity insurance and public liability insurance. We can arrange engineering insurance that packages both under one policy – helping to keep you and your company protected.

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Professional indemnity

Helps cover costly legal fees if a client is unhappy with your work – or claims your advice or services lost them money.

  • Professional indemnity cover limit to fit your business

    The limit of liability is the maximum amount that can be provided under the insurance policy.

  • Coverage New Zealand-wide

  • Tailored insurance solution depending on your industry

    Certain minimum qualifications may apply. 

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Public liability

Helps protect your company against claims if your activities cause a third party – or their property – harm. 

  • Public liability cover limit  for your business needs

    The limit of liability is the maximum amount that can be provided under the insurance policy.

  • Coverage New Zealand-wide

  • Tailored insurance solution depending on your industry 

    Certain minimum qualifications may apply. 

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Additional cover we can arrange

Product and services

Business insurance

Need a range of covers to suit your business needs? Explore Marsh’s business bundles for glass, theft, contents cover and more.

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Product and services

Cybersecurity insurance

Cyber attacks are becoming increasingly common. Help protect your small business with cyber insurance solutions arranged by Marsh.  

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Product and services

Management liability cover

Help protect your business – and your team – against management and operational risks with management liability cover.

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Why Marsh?

Why should you choose Marsh to arrange your insurance solutions?

In business, we've got your back

From mum and dad’s dairy, to national pizza chains, Marsh has a 60+ year history of supporting New Zealand’s business community. Our award-winning brokers are fluent in the latest global and Kiwi market insight and risk, but cut through the jargon to speak your language.

Local expertise

Our New Zealand-wide network of brokers have spent years at the forefront, supporting business owners manage their unique risks in a fast-changing market. Our brokers keep ahead of the latest market insights, both local and global, and break down complex terminology

Claims support

Our New Zealand-wide network of brokers have spent years at the forefront, supporting business owners manage their unique risks in a fast-changing market. Our brokers keep ahead of the latest market insights, both local and global, and break down complex terminology

Single project cover

We can arrange cover for individual projects – on a case-by-case or ad hoc basis – when you need it most. Large-scale projects and those in natural catastrophe zones may suit this form of cover well..

Risk management plans

Our dedicated construction brokers are experts in your industry. We can offer you risk management and insurance advice that’s tailored to your needs – and put a risk management plan in place.

Large and complex projects

Our specialist brokers work with builders on projects of all sizes, types and complexities. Whatever your project, we can tailor your cover to the risk exposures involved.

Why use a broker?

Choosing business insurance means navigating through products, coverages and policy terminology – with a sales pitch as your only guide. At Marsh, our brokers will spot your unique set of risks, match you to the right choice, and advocate for you on price.

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Frequently asked questions

The cost of engineering insurance can vary from business to business and risk to risk. A number of factors can impact the premium of an individual policy, including:

  • Size and turnover

  • Geographical location

  • Claims history

  • Services and goods sold.

Different insurers may also have different pricing structures. Insurance providers can base a policy’s premium on the risks they take on – and having a high number of exclusions can reduce these risks, which may result in a lower premium.

We strongly recommend reviewing the policy wording or product disclosure statement beforehand to make sure the cover you are arranging meets the specific risk requirements of your business.

Both can be key for engineers for different reasons.

Professional indemnity helps cover claims made against you and your employees on the basis of poor advice or services. Specifically services that led to financial loss or physical loss.

Public liability helps cover the costs incurred if a third party is injured or has their own property damaged as a result of your activities.

Comprehensive engineering insurance packages both in a single policy – such as the kind we can arrange at Marsh.

Even if you run your engineering business from home, you’re still exposed to certain risks. 

Accidents can still happen in your own space, as well as allegations of improper advice, professional negligence and more.

Consider whether professional indemnity insurance and public liability insurance can help protect your business.

A certificate of currency is proof that you hold a current insurance policy.   

Please contact us once you have accepted your policy and we will arrange for a certificate of currency to be sent to you from your insurer. 

The answer depends on how often your business changes.

As a rule of thumb, we recommend you review your policy at least once a year. This will ensure your business’s current risk exposures are covered.

But major changes – like business growth, greater work complexity or expanded services – should always prompt an insurance review.

Some insurers need to know about certain changes in accordance with your duty of disclosure. If your business has changed recently, contact the Marsh motor trades team to update your policy. 

Yes. We can arrange monthly instalments* with a premium funder provided you meet certain criteria.

To arrange monthly payments, talk to one of our dedicated Marsh insurance brokers.

Related insurance solutions

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Professional indemnity cover

Protect your business against claims of misleading advice, breach of duty and negligence with professional indemnity cover.

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Insurance premium funding

Insurance can be a lifeline. But lump sum premiums can be a hindrance. Pay in monthly instalments with premium funding arranged by Marsh.

Learn more

Business interruption cover

A storm, cyber attack or machinery breakdown can grind your business to a halt. Arrange business interruption cover to keep things moving. 

Learn more

Contract works insurance

A construction project can’t be rushed – but it can be derailed unexpectedly. Let our expert brokers arrange your contract works cover.

Learn more

Subcontractor insurance

Subcontractors aren’t always covered by a builder’s insurance – even if the building site is. Let us arrange cover to help protect you.

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Valuers insurance

It doesn’t take a valuer to see the value of insurance. Stay focused on providing quality service with cover arranged by Marsh.

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Forms and documents

*Interest and additional fees are applicable. Terms and Conditions apply.

LCPA 23/150

Marsh Ltd (NZBN 9429040918792)(“Marsh”) arranges insurance and is not an insurer. This webpage contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings and/or product disclosure statements available from Marsh on request.