The RIBA has responded to the Architects Registration Board’s proposed revisions to Professional Indemnity insurance requirements, which have gone out to public consultation.
RIBA President, Simon Allford, said:
“Revised guidance is absolutely critical for the industry to move forward – I therefore welcome this step by the ARB. However, proposals to hold coverage for certain claims on an aggregate basis and only cover direct losses assumes that all practices can secure limited fire safety cover at present, which is not necessarily the case. We have a Council working group on PII, led by Jennifer Dixon, which is looking for solutions to this difficult issue. We will be responding to the consultation, and we urge our members to do the same. We must get this right, or else we risk forcing smaller practices into closure or moving to the unregulated sector.”
Read the RIBA’s latest PII update here.
ENDS
Notes to editors:
- Media contact: Abigail.Chiswell-White@riba.org.
- The Royal Institute of British Architects (RIBA) is a global professional membership body that serves its members and society in order to deliver better buildings and places, stronger communities and a sustainable environment. Follow @RIBA on Twitter for updates.
