Shock of the new.
Despite a steady flow of claims, rates for architect's professional indemnity cover have remained low over the last few years. However, recent legislation could force up premiums, says Simon Threadgold.
In 1876, the vicar of Beeston in Norfolk started to rebuild hischurch. He had no training, and when the new chancel arch began to sink
into his family vaults, he had to rebury the putrefying remains of his
ancestors before underpinning the arch.
Today, he would have gone to an architect, and any such disaster would
have resulted in a headline-grabbing professional indemnity claim.
Currently, the PI market for architects is fairly steady, despite the
increasing regularity with which claims keep
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