Engineers
Powered by our Navacord Partnership
Local Touch. National Strength.TM
Our Local Touch ensures your Advisor is invested in your community with offices in Saskatoon, Regina, and Moose Jaw.
Our Navacord partnership empowers our expert Advisors, and provides opportunity to enrich the clients and communities we serve by providing you:
Deep Industry Specialization – Exclusive Products & Services – Client Advocacy – Market Access & International Reach
Evolving Practice in a Rapidly Changing World
HK Henderson has been instrumental in raising insurance and risk management standards within Saskatchewan’s engineering sector. Our proactive, education-driven approach has helped engineering firms gain a clarity around their exposures. Through tailored advisory services, seminars and market insights, we support our clients in navigating complex risks with confidence.
Our presence in the market has introduced healthy competition, encouraging improved value, transparency, service, and accountability. By fostering open dialogue and collaboration—with clients and new insurers entering the space—HK Henderson is playing a key role in enhancing risk awareness and elevating the quality of insurance solutions available to Saskatchewan’s engineering community.
Industry Leadership & Commitment
As a member of committed industry associations like the ACEC-SK, we turn obstacles into opportunities, ensuring your business stays ahead in a constantly moving landscape.
Trending Risk Examples
Talent Acquisition
Attracting and retaining skilled professionals is difficult in a tight labour market.
Evolving Contractual Risk
Complex contracts can create uninsurable exposures.
Tariff Uncertainty and Cost Escalation
Fluctuating tariffs drive up material costs and complicate budgeting.
Contractual Liability Creep
Increasingly complex contracts often demand obligations that exceed what’s covered by insurance. Aligning contract terms with insurable risks prevents costly disputes.
Duty To Defend Clauses
Contracts may require firms to defend others before fault is determined, creating cost burdens not always covered by standard policies. Careful review of these clauses is essential.
Design-Build Risk Allocation
Integrated project models can shift construction risks to professionals. Clear role definitions and risk transfer strategies are crucial.
Delayed Discovery and Latent Defects
Liability claims may arise years after project completion. Extended reporting periods and thorough documentation are necessary safeguards.
Cyber Risk in Project Management
Digital tools expose firms to cyber threats that many standard policies don’t cover. Dedicated cyber insurance and strong cyber practices are important.
Regulatory and ESG Obligations
Evolving standards around the environment, Indigenous consultation, and climate resilience require proactive risk management and ongoing regulatory awareness.
Our Response
Our Advisors work with you to identify, assess and prioritize your risk exposures. They assess the impact and likelihood of risk to develop an overall strategy to reduce your total cost of risk.
Risk Strategy
From succession to expansion, we help you chart a long term plan aligned with your business goals.
Risk Identification
We proactively uncover and prioritize your risks—insurable and non-insurable—so you can act strategically and curb losses before they affect your bottom line.
Insurance Placement
We turn strategic insights into persuasive, data-rich submissions that secure broader coverage, stronger underwriting confidence, and ultimately lower your cost of risk at renewal.
Risk Education
Through thought leadership, benchmarking, peer forums, and tailored training, we build awareness and capability. Empowering your team to reduce claims and control your cost of risk.
Learn More About Our Services
Enterprise Solutions
Comprehensive solutions for large-scale commercial enterprises.
Our Approach
Our proven IAP methodology for managing risk.
Strategic Risk Advice
Expert guidance to navigate and control complex exposures.
Insurance Placement
Proven insurance strategies, relationships, and solutions.
Your business deserves
a strategic partner
If this sounds different from your experience with insurance,
it’s time to speak with one of our Advisors.