What does PII Cover?
Incorrect Valuations
You’re accused of over- or under-valuing a property, leading to financial loss for a lender, investor, or purchaser.
Negligent Building Surveys or Condition Reports
A failure to identify key defects or risks leads to costly remedial work or disputes.
Cost Overruns or Budget Failures (Quantity Surveyors)
Allegations that your cost plans, interim valuations, or final accounts were inaccurate or mismanaged.
Project Management Failures
Claims related to poor contract administration, delay management, or coordination failures on site.
Lease & Dilapidations Disputes
Claims arising from service charge apportionments, misadvice on lease obligations, or incorrect dilapidations assessments.
Professional Negligence in Advisory Roles
Claims brought due to advice given in acquisition, feasibility, or asset management that later results in loss.
Surveyors
At WK Professional Risks, we specialise in insurance for surveyors. We understand the diverse risks facing modern surveying practices — from valuation and building surveys to cost consultancy and project management.
Whether you’re an independent RICS-regulated firm or part of a multidisciplinary consultancy, our goal is simple: to provide robust, tailored cover that protects your business and reputation — and to help you understand the fine print that could leave you exposed.
What we offer
01
London Market Access
We place surveyors’ risks directly into Lloyd’s and the wider London market, giving you access to specialist underwriters who understand the nuances of valuation risk, lease advisory work, project management roles, and more.
02
RICS-Compliant Wording & Insight
We work with wordings that align with RICS requirements and can advise on the implications of your professional standards — including valuation disclaimers, red book compliance, and lease advisory roles.
03
Contract Reviews
Whether you're taking on a PM role, signing a framework agreement, or issuing a schedule of dilapidations, we review contracts to ensure you’re not accepting obligations that fall outside your policy cover — such as fitness for purpose or unlimited liability.
04
Fire Safety & Dutyholder Risk Guidance
For surveyors involved in project management roles or building surveys on higher-risk residential blocks, we provide clarity on how your cover applies under the Building Safety Act.
05
Responsive Claims Support
Should a claim arise, our team ensures you’re represented clearly and accurately from first notification through to resolution.