Understanding the Type of Insurance a Surveyor Needs

July 5, 2023 Guest Author

In the varied landscape of the insurance industry, surveyors are unique professionals who are regularly exposed to a range of risk factors due to the nature of their job. A surveyor such as Techsol can be likened to a diligent detective, meticulously examining properties, lands, and buildings to ascertain their condition, boundaries, and value. The process often involves navigating physically challenging environments, undertaking complex measurements, dealing with sensitive information, and making critical judgements. These activities inherently carry the potential for errors, omissions, physical harm, and even legal issues, which underpin…

Eco-friendly construction increases professional liability risks

August 21, 2011August 20, 2011 Nordstrom

Insurers and risk managers are facing all new challenges in developing coverage for errors and omissions (E&O) for eco-friendly construction projects, which are similar, but still quite different from the risks associated with typical construction projects. This has lead to new trends and developments which are affecting purchasers for specialty lines of insurance such as E&O, directors and officers (D&O), cyber risk, employment practices liability, transportation, marine, and surplus. The reason for the difference between “green” and standard construction project risks is in the materials and technologies that are used,…