Why do Architects need Professional Indemnity (PI) Insurance?
As an Architect, Professional Indemnity Insurance is essential. If you also belong to a professional body, having this cover could in fact be compulsory.
As an Architect your clients look to you for precision, attention to detail and most of all, advice. If you were to make a mistake and a professional negligence claim was brought against you for inaccurate or unsuitable professional advice, the result could be costly, complicated and harmful to your business.
Because of the nature of the job, architects such as yourself, can leave your business open to a number of risks, which include but are not limited to inaccurate or unsuitable advice or incorrect specifications, which were supplied to the client, by you.
At Black & White, we have years of experience in the insurance industry providing competitive and comprehensive Professional Indemnity (PI) Insurance to a range of professions and trades in addition to architecture. We work with leading underwriters to provide the appropriate professional indemnity insurance for you and your business, which can protect you against a number of claims.