Professional indemnity insurance PII
I would like to add that when choosing a provider for your premium, make sure you speak to the company and try to gauge their knowledge and understanding of the architecture and construction industry. It makes a huge difference if you ever need to make a claim, as a company who are experienced within this field will be a better fit than a provider who specialises in medical indemnity, for example.
Things you need to do
-Every time there is a possible breach you need to notify your insurer there may be a claim against you
-Excessive notifications may impact on the premium but a failure to notify is likely to be more money (you may not be covered)
-Any written warning or threat of being sued must be notified to the insurer.
-If the value goes up or down in the project must notify the insurer (if you're insured per project)
-Make sure sub-consultants have adequate PII coverage, ‘back to back’ with the obligations in the contract.
You must sign in or register to edit or comment on an article
Return to Talk:Professional indemnity insurance PII.
Featured articles and news
Permitted development rights for agricultural buildings
The changes coming into effect as of May 21, 2024.
Biodiversity and the built environment digital series
The nature of building, with CIOB and CWP.
A call for prevention and sensitive re-use.
Risks to the long-term effectiveness of the BNG scheme
National Audit Office publish review of Biodiversity Net Gain.
The CIAT principal designer register
Providing assurance and verification of the capability and competence of registered ATs.
Building Safety recommendations and Northern Ireland
The NI roadmap to improving safety in high rise residential.
Specifying rendered external wall insulation for fire safety
How to interrogate the evidence provided to the specifier.
The benefits of writing articles for your organisation
How to create a profile for your organisation and publish for free.
No Falls Week. The importance of safe working at height
What to expect and what is on offer to avoid accidents.
Scottish Government action to reach net-zero targets
Retrofit expert group highlight critical actions needed.
A forward thinking, inclusive global community of members.
From engineered product life-spans, to their extension.
Circular economy in the built environment
A brief description from 2021. Where are we now?
CLC publishes domestic retrofit competency framework
Roadmap of Skills for net zero.
Understanding is key to conservation.
Open industry engagement survey seeks responses
Institutions and the importance of engagement.