Mon - Fri | 8.30am - 5pm
Management & Risk Insurance Brokers
(M&R Insurance Brokers Pty Ltd)
175 Centre Road, Bentleigh Victoria 3204 Australia
Phone +61 (03) 9557 7400
Fax +61 (03) 9557 7355
Archicover Group Master Insurance Policy
Whether you’re starting a new architectural business or preparing to wind down your business, our Group Policy offers a flexible insurance solution designed to meet your needs.
Who Is Eligible?
- Annual revenue under $200,000
- Up to two employees
- Sole practitioners
- Small architectural practices
- New ventures
- Architects transitioning towards retirement
- Architectural businesses with smaller teams
What's Included
Our Group Policy provides a combination of Professional Indemnity and Public Liability protection.
Professional Indemnity Insurance
Professional Indemnity Insurance can help protect your business against claims arising from your professional services.
Cover may include claims relating to:
- Professional negligence
- Errors and omissions
- Breach of professional duty
- Incorrect professional advice
- Design errors
- Documentation errors
- Failure to meet professional obligations
- Defence costs
Public Liability Insurance
Public Liability Insurance can help protect your business against claims for personal injury or property damage arising from your business activities.
Available Limits
- $5 Million Professional Indemnity / $10 Million Public Liability
- $10 Million Professional Indemnity / $20 Million Public Liability
Policy Features
Our Group Policy includes a range of features designed to provide broader protection for architectural practices.
- Contractual Liability
Cover for certain liabilities assumed under contract. - Proportionate Liability
Protection relating to proportionate liability legislation. - Extended Continuous Cover
Protection for certain circumstances where continuous insurance cover has been maintained.
- Defence Costs in Addition to the Limit
Legal and defence costs may be payable in addition to the policy limit, subject to the policy terms and conditions. - Automatic Reinstatements
The policy provides multiple automatic reinstatements of the Professional Indemnity limit. - OH&S Defence Costs
Cover for defence costs associated with certain Occupational Health and Safety proceedings.
Why Choose Archicover?
Specialists in Professional Indemnity Insurance
Archicover specialises in insurance solutions for professionals, including:
- Architects
- Designers
- Engineers
- Draftspersons
- Landscape Architects
- Urban Planners
- Access Consultants
We understand that every professional business is different and can help identify an insurance solution suited to your individual circumstances.
Need More Than the Group Policy?
The Archicover Group Policy won’t be suitable for every business.
If you require more complex insurance requirements, we can also provide access to stand-alone Professional Indemnity Insurance solutions.
This may be suitable for businesses requiring:
- Higher Professional Indemnity limits
- Larger business structures
- Higher revenue limits
- More employees
- Broader insurance requirements
- More complex professional services
Frequently Asked Questions
Is the Group Policy suitable for a new architectural business?
Yes, our group policy is a suitable option for architects starting a new business, subject to eligibility and underwriting requirements.
Is the Group Policy suitable if I am winding down my architectural practice?
Yes, if you are approaching retirement or winding down your business, our Group Policy may provide an appropriate insurance solution. We can discuss your circumstances and the cover you may require.
Does the Group Policy include Public Liability Insurance?
Yes, public Liability cover is available with limits of $10 million or $20 million.
What types of professional services are covered?
Architectural services including the provision of associated contract administration, drafting, landscape architecture, interior design, town planning, space planning, expert witness services or green energy rating system assessments for the built environment.
Can I increase my level of cover mid-term?
We understand that circumstances change, you can change your limit within the group policy, or we can explore a stand-alone policy. Our team can discuss the options with you.
What happens if I have an existing Professional Indemnity policy?
We can review your existing cover and discuss whether the Group Policy is suitable for you before you make any changes to your current insurance arrangements.
Does the Group Policy cover previous work?
Yes, our group policy can provide cover for claims arising from work undertaken in the past, subject to the policy terms, conditions, exclusions and your claims history.
Can I join the group policy mid-term?
Yes, you can join the Group Policy at any time during the policy period. The Group Policy has an annual renewal date of 15th of March each year.
What if I'm not eligible for the Group Policy?
If the Group Policy isn’t suitable for your business, Archicover can explore stand-alone Professional Indemnity Insurance options that may better suit your requirements.
Is the Archicover Group Policy registration compliant?
Yes, Archicover Group Policy is designed to meet the Professional Indemnity insurance requirements applicable to registered architects. We can provide documentation confirming your cover for registration and renewal purposes.
Speak To Our Team Members
Julien O'Brien
- Certified insurance professional
- 25+ years of experience
- Construction iIndustry expertise
- SPA 1 & SPA 2 (Senior Professional Assessment)
Bree Langham
- Certified insurance professional
- 25+ years in Financial industry
- PI Specialist for Architects and Designers