Insurance for Engineering Business Owners

Engineering Insurance NZ

Exclusive Insurance helps engineering business owners protect their work, people, equipment and income. We arrange practical business insurance for consulting, design and project-based firms, and explain your options in plain language.

Request an Insurance Review Call 09 307 1295

Protecting Your Engineering Business

Whether you run a consulting practice or work on site, your business carries real risks — a design or advice that a client says cost them money, an injury or damage during a project, a fire or break-in at your office, or a cyberattack on your systems. Exclusive Insurance works with engineering firms across New Zealand to put the right business insurance in place, match your cover to the contracts and projects you take on, and help you through a claim if you ever need to make one.

What Insurance Does Your Engineering Business Need?

Every firm is different, so the right mix depends on the work you do and the contracts you sign. The types below are the ones engineering businesses most often ask us about. We help you choose what fits, and explain what each may help protect against — in simple terms, with no obligation.

Cover Types

Professional indemnity — helps cover claims that your design, drawings or advice contained a mistake that caused a client a loss (often required by your contracts)

Public liability — helps with claims if someone is injured, or their property is damaged, because of your work or on your site

Building & business contents — helps repair or replace your office, equipment and contents if damaged by events like fire, storm or theft

Business interruption — may help replace lost income and cover ongoing costs like wages and rent if insured damage stops you working

Cyber insurance — support if your systems or client data are hit by a hack, ransomware or a data breach

Contract works — helps cover the work, materials and plant on a project site while it is being built

Employment-related insurance — helps with the costs of certain employment disputes or claims brought by staff

Business vehicle insurance — cover for vehicles used to get your team and equipment to and from site

Who Is This For?

Consulting engineering firms

Structural and civil engineers

Mechanical and electrical engineers

Geotechnical and environmental engineers

Project managers and quantity surveyors

Engineering contractors and sole practitioners

Why Exclusive Insurance Services?

Personalised insurance advice for your engineering business

Access to a wide panel of insurers

Clear explanations in plain language

Cover levels matched to your contracts and projects

Practical assistance if you need to make a claim

Ongoing support as your business grows and changes

Talk to an Adviser

Get specialist advice tailored to your situation. No obligation, no pressure.

Start Insurance Review 09 307 1295

Frequently Asked Questions

Do we need professional indemnity insurance?

For most engineering businesses, yes. Professional indemnity helps cover claims that your advice, design or drawings contained a mistake that caused a client a financial loss. Many clients and contracts also require you to hold it before they will engage you.

How much professional indemnity cover do we need?

It depends on the size and type of the projects you work on and what your contracts require — many New Zealand contracts set a minimum, often somewhere between $1 million and $5 million. We help you work out a sensible level for your business rather than guessing.

What happens if our work damages property or injures someone?

Public liability may help with claims if a person is injured or their property is damaged because of your work or on your site, subject to the terms of your policy. For damage to the project you are building, contract works cover can also be arranged.

Are we covered if we are hit by a cyberattack?

Cyber insurance may help with the cost of responding to a hack, ransomware or data breach, restoring your systems, and meeting your privacy obligations. Cover and limits vary between insurers, so we help you choose a level that suits your firm.

We lease our office — what do we need to insure?

Usually the landlord insures the building, while you insure your own contents and equipment, plus cover like business interruption and liability. The details depend on your lease, so we help you check what you are responsible for and arrange cover to match.

Can you review our existing insurance?

Yes. We can review your current policies, explain in plain language what they do and do not cover, and suggest options where there may be gaps or savings — with no obligation to switch.