What information do insurers require from architects?
Information insurers typically require
- • Annual professional fee income
- • Largest project value in the past 3 years
- • Percentage split of residential / commercial / industrial work
- • Details of any design-and-construct appointments
- • Claims and circumstance history
What cover includes
- ✓Claims arising from alleged negligent design, specification or documentation errors.
- ✓Legal defence costs in responding to a claim, even where the claim is later withdrawn.
- ✓Loss arising from breach of professional duty in contract administration and site inspection roles.
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See also: Architect PI Cost · Architect PI Claims · Architect PI Exclusions