The rising cost of cover: a diminished role for the architect and pressure on limited resources could lead to more building failures and increased insurance premiums

Article Abstract:

The way the law considers architects' responsibilities has changed dramatically over the past hundred years. In the 1980s the burden of proof in negligence cases was shifted onto the architect meaning a rise in insurance premiums. Often developers saw the architect as support and insurance if a development profit was not up to expectations. Architects' professional indemnity insurance (PII) is offered by specialised brokers and premiums are affected by the overall insurance market and the number of claims.

---

Covering all angles

Article Abstract:

Professional indemnity insurance is relatively cheap and is particularly suitable for architects who are planning supervisors, appointing professionals such as mechanics and electricians or agreeing to a collateral warranty business arrangement. The insurance form requires careful reading and completion, since there are many areas which can cause difficulty. It is essential that the insurer has the necessary experience to deal with any allegations which are made against the architect.

Analysis, Malpractice insurance

---

RIBA investigates mandatory PI

Article Abstract:

The Royal Institute of British Architects (RIBA) is to inquire into professsional indemnity insurance (PI) and consider making it compulsory for members. RIBA is likely to seek changes to the law on joint liability and time limits before making PI compulsory. However, it might restrict entry to its practice directory to those with PI. PI insurance is compulsory for members of the RIAS.

Similar abstracts:

• Abstracts: Bankers tackle cost of sending. The end of the Gulf war should refocus western minds on putting the east European economies on their feet
• Abstracts: The flying monopolists: Boeing and Airbus should be forbidden to team up to build a super-jumbo. Consortiamania: European aerospace
• Abstracts: Economic investment times for capacity expansion problems. Determination of minimum number of sensors and their locations for an automated facility: an algorithmic approach
• Abstracts: The cost of living the good life. Coming to grips with hedge funds
• Abstracts: Optimal stochastic single-machine-tardiness scheduling by stochastic branch-and-bound. A branch-and-bound algorithm for the location of facilities causing atmospheric pollution

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.