Owner’s Protective Professional Indemnity (OPPI)
Owner’s Protective Professional Indemnity (OPPI) Insurance protects project owners against financial losses arising from professional negligence, design errors, omissions, or inadequate professional services performed by architects, engineers, consultants, or other design professionals involved in a construction or infrastructure project.
Coverage is designed to provide project owners with direct protection when professional service providers’ errors lead to financial loss, project delays, defects, or third-party claims.
Coverage may also include protection for:
Design errors, omissions, and negligent professional services
Cost overruns, rework, and project delay exposures resulting from professional negligence
Legal defense costs, settlements, and judgments arising from covered claims
Vicarious liability exposures associated with retained design professionals and consultants
Coverage supporting construction, infrastructure, real estate development, and capital project operations
Owner’s Protective Professional Indemnity Insurance is designed to help project owners protect financial stability, manage project-related liability exposures, and support continuity throughout the construction and development process.