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"RICS is extremely concerned about the practice of speculative claim letters being sent to property valuers on behalf of banks. For this reason, a working group has been established to assess the problem ...
2. Employees liability
(Blog Articles/Broker)
... the course of the judicial process was whether Mr. Babb, as an employee of the firm which had been engaged to carry out the required work, owed a direct duty of care to Ms Merrett. It was held that Mr. ...
3. Abolition of Expert Witness Immunity
(Blog Articles/PI News Related)
... need to monitor new claims notified and resulting from expert witness work (hitherto considered by insures as low risk in view of the immunity previously in place). Insurers will need to consider the ...
4. Professional indemnity insurance: don't skimp
(Blog Articles/PI News Related)
... contractual liability for their work on the project. How many clients continue to monitor that the cover is kept up once the project is complete? And more pertinently, when renegotiating a cheaper deal ...
5. The RICS Valuer Registration Scheme and PII
(Blog Articles/PI News Related)
In October 2010 and as part of its commitment to protect the public interest and to raise the standards its members work to, the Royal Institution of Chartered Surveyors (RICS) has launched a new registration ...
... policy, as required by the SRA, must allow insurers to set premiums that more accurately reflect the risks of work carried out. The funding of the Assigned Risks Pool (for solicitors unable to get professional ...
7. 1st Timer...
(Newsflashes/Newsflash)
Having used Hammond PI insurance for the 1st time I would be happy to recommend the company, and in particular the consultant i worked with, to other parties. The service and price offered was excellent. ...
8. Town Planners
(site sections/Sectors Covered)
... meet the economic and social needs of the community. Work can cover a broad area and can include include: planning for housing to create affordable, energy efficient homes managing transport growth ...
9. Town Planners
(site sections/Sectors Covered)
... sure plans meet the economic and social needs of the community. Work can cover a broad area and can include include: planning for housing to create affordable, energy efficient homes managing ...
10. Genealogists
(site sections/Sectors Covered)
Professional Indemnity Cover for Professional Genealogists Professional genealogists conduct research for others, publish books on genealogical methods, teach, or may work for companies that provide ...
11. PI Express
(site sections/Quotes)
... least 3 years relevant experience All work is carried out within the UK for UK companies There have been no claims or circumstances within the last 5 years Fee/Turnover Income £300,000 ...
12. Acoustic Consultants
(site sections/Sectors Covered)
... workplace, the home and the environment. Acoustical Consultants are drawn from a wide array of disciplines including engineering, physics, architecture, industrial hygiene, and performing arts, particularly ...
13. Run off PI
(site sections/Sectors Covered)
... which may be made after the practice has ceased trading, in respect of work carried out previously. Run-off cover is actually a standard professional indemnity insurance policy, the only difference ...
14. Online Schemes
(site sections/Quotes)
Hammond PI Consultants are working in association with a number of organisations to ensure that their members benefit from the best professional indemnity terms & services available in the market. ...
15. Advantage Solo Members
(site sections/Quotes)
... only. In other words, if you do not hold PI insurance at the time a claim is made against you, irrespective of whether you had PI when you carried out the work in question, you will not be insured. You ...
16. AGRA Members
(site sections/Quotes)
... PI insurance at the time a claim is made against you, irrespective of whether you had PI when you carried out the work in question, you will not be insured. You should therefore maintain PI insurance for ...
17. V - Glossary
(Glossary/Glossary)
Vicarious liability A vicarious liability can be defined as the liability created by an action or non-action by a person working on behalf of him, when he is responsible for all the ...
18. R - Glossary
(Glossary/Glossary)
...  If a policy is retroactive it provides cover for work undertaken before the inception of the policy. See Retro Date.  ...
19. N - Glossary
(Glossary/Glossary)
... clause, if an architect and a contractor are each liable to a developer for the same defective work, the developer could recover 100% of its damages from the architect, despite the joint liability of ...
20. F - Glossary
(Glossary/Glossary)
... single statutory financial regulator in the UK, having taken over the work of a total of nine previous watchdog bodies with responsibilities ranging  ...
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