Where it's AT | Episode 6 | Where are we now with PI Insurance
Manage episode 454951734 series 3582992
Welcome to Where it's AT.
Professional indemnity insurance is a key component of protecting your business against claims of negligence, errors or omissions in the services you provide. But as the construction industry continues to evolve with new technologies, rising risks and complex regulations, the landscape of insurance is shifting too. So how are insurers adapting to these changes - in particular the Principal Designer role introduced by secondary legislation to the Building Safety Act - The Building Regulations etc. (Amendment) (England) Regulations 2023 and what do construction professionals need to know to ensure they're properly covered and that the vital protection PI offers their clients, is in place.
Join Harry Pangli FCIAT, Deputy Chair of CIAT’s Liability Taskforce, CIAT representative on CIC Liability Panel and member of CIAT’s Documents Taskforce amongst others and Darren Hewitt, Director, Claims and Risk Management at MFL Insurance Group Limited who administer CIAT Insurance Services, as they answer some frequently asked questions that have been received in from our members, and explore how professional indemnity insurance plays a critical role in protecting members and clients. They also edify us on the changes to limitation periods which is outlined in the Building Safety Act, increasing simple contract liability from 6 to 15 years and retrospectively 30 years from the dates of publication (1992).
If you would like further information on the subject matter covered in this podcast then please feel free to email pdregister@ciat.global or visit
CIAT Principal Designer Register
Podcast recorded and edited by: @Voytek
We welcome your feedback, so please keep in touch and email all feedback to atpodcast@ciat.global
Disclaimer
The contents and views expressed by individuals in the Where it's AT podcast are their own, and do not necessarily represent the views of the companies they work for or the Host. This podcast is for informational purposes only and should not be considered as advice.
6 حلقات