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CAAV Members’ PII Facility (Update) This facility has once again been the subject of a ‘refresh’ with additional Insurers now on board aspart of a panel arrangement. We have touched upon the ‘hard’ insurance market in previous bulletins but with a very differentmessage for CAAV members. Those insured on the members’ facility through this period […]

We are increasingly aware that some Practices have found themselves required to seek FinancialConduct Authority (FCA) Authorisation, usually at the behest of certain lenders unwilling it seemsto rely on RICS Regulation as a Designated Professional Body (DPB). This does mean that the practice is subject to the Financial Ombudsman Service (FOS), the FCA’sfinancial services dispute […]

The professional indemnity insurance market is changing for construction-related professions. SummaryAfter a few challenging years, the professional indemnity insurance market for construction-related professions is finally beginning to find solid ground. It’s an encouraging sign of gradual recovery in light of a difficult recent period! But first Before we jump into the detail of where we […]