Basements are often an important space in a property for architects. Basements can be used for a variety of purposes, including as a living space, a workshop, cinema, gym, storage, and a whole host of others. They make use of the existing or extended footprint of a building or its immediate surroundings without affecting the …
If you are an architect, then you know that your work is important. It’s crucial that you have the right insurance in case something goes wrong and a client sues you. In this blog post, we will discuss professional indemnity insurance for architects and what you need to know about it. We’ll cover topics such …
You may find the term ‘professional indemnity insurance’ (also known as PI insurance) overwhelming or daunting. Whether you are new to professional indemnity insurance or, simply want to find out more , we are here to explain exactly how it works in a way that you can easily digest. If you provide professional services or …
Professional Indemnity Insurance can be a complex subject, and there are a few common misconceptions that arise as a result. Within this blog post, we will explain the most common misconceptions surrounding professional indemnity insurance, which should hopefully provide you with a better understanding of this type of insurance policy. “I have not charged for …
Within the UK construction industry over the last few years, there have been various large-scale disasters, such as the Grenfell catastrophe, COVID-19 and a series of devastating natural disasters caused by climate change. A huge rise in professional indemnity claims has caused a toughened professional indemnity insurance market in the construction sector. It has been …
Management and business consultants are often put under pressure to work miracles, whether that be turning around a weakening business or transforming the operations of an inefficient organisation, there can often be unrealistic expectations. Businesses are frequently inclined to sue their advisors if things do not work out, potentially resulting in costly legal fees for …
Defamation is the action of damaging the good reputation of someone – the umbrella term for libel and slander. A person is said to be defamed when someone else publishes words or matter which have caused, or are likely to cause, substantial harm to a person’s reputation. The use of the term ‘published’, however does …
It is becoming extremely popular nowadays for international business to be conducted on a day to day business as it is all part of our modern global economy. However, it is important to bear in mind that this can have an impact on your professional indemnity insurance – or, more specifically, your professional indemnity insurance …
Concerned about cover for the work you have done in the past? If you are, then you need to make sure that your policy has the correct ‘retroactive date’. Most types of insurance cover you for claims that occur from the start date given on wards only. This has to be the case otherwise insurers …