Last edited 24 Jun 2021

Professional indemnity insurance in construction

CICV.PII.jpg

In June 2021, the Construction Industry Coronavirus (CICV) Forum published Professional indemnity insurance in construction.

The free guide outlines the state of the insurance market, the precautions firms should take and the pitfalls they face. It covers subjects ranging from extending liability to contractual liability, the nature of PII cover, insurance limits, obligations under ancillary documents and risk management.

It acknowledges that a variety of reasons have contributed to the significant increase in the cost of PII while businesses have experienced reductions in the scope of cover. It explains how market attitudes have changed following a number of incidents, including:

The CICV Forum was established in March 2020 to bring together the main construction trade and professional bodies for the purpose of gathering intelligence, sharing advice and speaking directly to the Scottish Government on issues affecting members during the COVID-19 pandemic of 2020/2021. Its membership includes representatives from 29 trade associations, professional services bodies and companies.

[edit] Related articles on Designing Buildings Wiki

[edit] External resources

Designing Buildings Anywhere

Get the Firefox add-on to access 20,000 definitions direct from any website

Find out more Accept cookies and
don't show me this again
"