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... £0 and £10,000 are unchanged What will this mean for insurers and PII policholders Claims issued from next week, 9 March 2015 onwards, will require larger reserves to be held for claimant’s costs ...
2. Big Changes to CDM for Construction Projects
(Blog Articles/PI News Related)
... designer in the first instance, and then it will pass to the sub-contractor. All of this will not only involve legal costs, but will carry with it the likelihood of a shortfall when trying to recover costs. ...
3. What is Cyber Liability Insurance
(Blog Articles/PI News Related)
... data subject notification, call management, credit checking for data subjects, legal costs, court attendance and regulatory fines.Multimedia/Media liability cover. Third-party damages covered can include ...
... liabilities incurred from a ‘wrongful act’ whilst acting in the capacity of a "manager" of the charity/association.  Includes cover for damages, own and third party costs and expenses and costs incurred ...
... and so keep its professional fees and insurance costs lower. Net Contribution Clause to For's and Against A professional consultant may argue that a net contribution clause: Is fair, whereas the ...
... against the costs incurred in defending a claim which may be a little unpalatable particularly where the claim is not genuine. Dave Hedgecock December 2014  ...
I have been asked on many occasions why a Professional Indemnity Insurer or their legal representatives may ask the policy holder/insured to pay the VAT element of the legal costs of a claim, whether the ...
8. PI for AGRA members
(Blog Articles/PI News Related)
... to Genealogists or indeed other non traditional professions. This makes comparing PI policies very difficult with phrases like “Civil wording” against “Legal Wordings” or “Costs in addition” against “Costs ...
9. Contractors Insurance
(site sections/Sectors Covered)
... has to satisfy their client. Scheme benefits: £1,000,000 Professional Indemnity £1,000,0000 Public Liability A PI excess of £ Nil Excess not applying to Legal defence costs Specifically ...
10. Small Architects
(site sections/Sectors Covered)
... to the defence costs. Downloads Architect PI Scheme Form Architects Low Fee Earners Scheme Professional Indemnity Insurance We recognise not all Architects earn large fees nor undertake ...
11. Hammond Legal Support
(site sections/Resources)
... for suppliers or employment contracts, if there are none). The standard MOT costs include the provision of template contracts (an NDA, a professional services engagement letter and a consultancy contract) ...
12. Actuaries
(site sections/Sectors Covered)
... the legal defence costs being dealt with in one of two ways, see "The usual cover" below. We would favour a Civil Liability Any one claim policy wording with the excess being excluded from the indemnity ...
13. Accountants (Members of AAT, CIOT and ATT)
(site sections/Sectors Covered)
... Statement of Fact declaration quote and buy arrangement we are able to cut handling costs and so the price. We are using Manchester Underwriting as the insurer for this facility due to their financial ...
14. IFA policy exclusions
(Blog Articles/PI News Related)
... deciding to remain in the IFA market. The next few years could be a very testing time for the IFA’s profession if Professional Indemnity costs do rise as the FSCS also seem likely to introduce increased ...
The FSA are expected to set out its final proposals in May of this year to increase the amount of protection offered by the FOS by raising its award Limit. The proposal has sparked concerns that professional ...
16. Changes to the Tenancy Deposit Scheme
(Blog Articles/Broker)
... being made by a tenant.  This claim can amount to the return of the deposit, the payment of a penalty of 3 times the amount of the deposit and also any court costs. A Failure to provide information about ...
... indemnity insurance) needs to change to provide more incentives for the profession to deal with the small number of poorly run firms by transferring the costs of the ARP more explicitly to the profession. ...
18. Town Planners
(site sections/Sectors Covered)
... are civil liability wordings and what we refer to a legal wordings.  Cover can be offered on an each and every claim or an aggregate basis with the legal defence costs being dealt with in one of two ...
19. Town Planners
(site sections/Sectors Covered)
... a number of ways.There are civil liability wordings and what we refer to a legal wordings.Cover can be offered on an each and every claim or an aggregate basis with the legal defence costs being dealt ...
20. Genealogists
(site sections/Sectors Covered)
... a legal wordings. Cover can be offered on an each and every claim or an aggregate basis with the legal defence costs being dealt with in one of two ways, see "The usual cover" below. Genealogists ...
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