Archive for February, 2012

Architects Professional Insurance

Wednesday, February 15th, 2012

Architects are regarded as one of the traditional professions. The profession as a whole is regulated by the Architects Registration Board (ARB). Architects PI insurance became mandatory for all qualified Architects in 1997.

Whilst the ARB is the governing body for the profession the Royal Institute of British Architects (RIBA) is perhaps the best known organisation representing the industry. All Architects must be registered with the ARB and it is the ARB which lays down the rules for Architects PI (see www.arb.org.uk).

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Consultants Professional Indemnity Insurance

Tuesday, February 14th, 2012

Professional Indemnity (PI) Insurance is an insurance cover designed to protect a business offering professional advice or services.

Traditionally this insurance has been taken out by professions such as Accountants, Architects,  Surveyors,  Engineers etc. However this now includes a wide range of people who also provide a service and are considered to be Professionals. This  includes IT Consultants, Business Advisors, Consultants, Marketing Consultants, Management Consultants, Recruitment Consultants, P R Consultants, Health and Safety Consultants, Training Consultants and many more.

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Architects PI Insurance – Collateral Warranties

Monday, February 6th, 2012

What are collateral Warranties?

Collateral Warranties or Duty of Care agreements are contractual agreements between parties who otherwise might not be in a contractual arrangement.

The Reason for Collateral Warranties.

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