We have an exclusive professional indemnity insurance scheme for the architectural services industry underwritten by Novae Insurance Company Ltd which caters for the pi insurance requirements of both domestic and small commercial architects.
The indemnity policy wording is a full civil liability wording and affords cover in respect of Loss of Documents, Data Protection Prosecutions, Potential and Actual Proceedings under the Construction (Design and Management) Regulations 2007, Legal Representation Costs and Defence Costs and Expenses.
Insurance premiums on our online professional indemnity insurance scheme for architects start at £278.25 for £100,000 cover and instant cover can be arranged for domestic architects with annual fee incomes up to £400,000 and small commercial architects. Practices with annual fees in excess of £400,001 or commercial practices with annual fees in excess of £200,001 can certainly be catered for under the scheme however such cases just need to be referred to insurers for terms to be agreed. In addition any firms requiring indemnity cover in excess of £2,000,000 can be quoted for on referral. For an email summarising details of the pii scheme please If you would like an email summarising details of our pii scheme for architects please click here
Amongst the referral criteria the architects indemnity scheme are the following; Project management work, Project monitoring work for funders, Domestic contract values in excess of one million pounds and commercial over five million pounds, Any responsibility for any civil or structural engineering, Firms based in Northern Ireland. In addition for commercial architects; State of the art designs, Design of swimming pools and Buildings over 3 storeys
If you would like an email summarising details of our pii scheme for architects please click here or alternatively visit our architects webpage at insurance2day.co.uk/professional-indemnity-insurance/architects or call our free phone quite line on 0800 055 6083 to discuss your requirements further.