CAAV

Professional Indemnity Insurance Higher Risk Valuation Work and Insurers Worries In this issue, we come back to a subject which is continuing to cause difficulty with Professional Indemnity Insurance (PII) – what the Insurers deem high-risk valuation work. Over the last three years, we have highlighted the potential problems within the PII market that can […]

RICS – Artificial Intelligence & PII By no means commonplace at present but some members may have encountered additional questions posed by their Professional Indemnity (PI) Insurers on this subject at renewal, with the Insurer perhaps asking for brief examples of any Artificial Intelligence (AI) use and any internal guidelines that might be in place […]

As in previous years and rather timely this Autumn, following the October Budget we take another look at valuation work and Professional Indemnity insurance (PII), specifically highlighting how your Practice might alleviate any potential nervousness caused by the Budget announcements on Agricultural Property Relief and Business Property Relief. Material Uncertainty Clauses? A material uncertainty clause […]

RICS PII Consultation – Might This Impact Your Practice? We had hoped to bring members news of any confirmed changes to the RICS Approved Minimum Wording for Professional Indemnity Insurance (PII) within our Spring bulletin. These amendments, highlighted within the RICS Consultation document, were due to be in place by 1st April though, at the […]

In this issue, we once again highlight a topic of key importance to those considering merger and acquisition activity, including where this might form part of succession planning. Don’t Leave It Late! The purchase or sale of a professional Practice is a major financial and commercial transaction for all concerned, and considerable time and effort […]