Architects Professional Indemnity Insurance
As an Architect, you will always strive to provide your clients with excellent service, but in the event of an unforeseen error which could result in a financial loss, you could be open to a compensation claim.
It is vital that you protect yourself and your company against such claims, which is why here at Cavendish Munro we aim to provide all Architects with a tailored Professional Indemnity Insurance policy to meet their individual needs.
Why Should You Choose Cavendish Munro?
At Cavendish Munro, we understand the wide range of professional advice that Architects offer, which can vary greatly in the level of risk and cover required. Our extensive experience within the industry means that we can evaluate the work that you undertake and consider any risks that you face, in order to build a specific insurance package tailored to you.
Through our expert knowledge of Professional Indemnity Insurance and the specific regulations for Architects, we are able to ensure that your business is holding the appropriate level of cover for you. We have access to a wide range of insurance underwriters that means that we can help save you time and money by searching on your behalf and securing the best policy for your requirements.
We know the importance of protecting your business and whilst we hope that you never have to use it, we endeavour to keep you and your company financially safe.
What Lever Of Cover Do RIBA/ARB Architects Need?
It is a requirement for Architects who are members of the Royal Institute of British Architects (RIBA) and the Architects Registration Board (ARB) to hold Professional Indemnity Insurance, so that in the case of an unfortunate incident whereby financial loss could be incurred due to work or advice that your company has given, your business will be secure.
The ARB, who regulates the profession, have set specific requirements for Professional Indemnity Insurance for its members, as have the RIBA. While these standards must be met, it is imperative that you get the right level of cover for your needs. At Cavendish Munro, we will help you to assess the specific level of cover you require and tailor our services to meet it.
Collateral warranties/duty of care agreements
It is clearly of vital importance that you do not agree to contracts of an unreasonable or onerous nature that leaves your practice with little or no protection should something go wrong.
Our specialists at Cavendish Munro can advise you from an insurance perspective on how best to deal with these agreements and negotiate on your behalf with insurers to obtain the best possible cover.
If you require further information about the Professional Indemnity Insurance policies that we are able to provide for your business then you can visit our PII page or give us a call on 020 7264 0545 and speak to one of our expert advisors.