Proposal to change RICS Professional Indemnity Insurance (PII Arrangements) - UK and Ireland (Record no. 121727)

MARC details
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fixed length control field 02352nam a22002537a 4500
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fixed length control field 231207s2023 xxk|||||o|||| 00| 0 eng d
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
110 ## - MAIN ENTRY--CORPORATE NAME
Corporate author Royal Institution of Chartered Surveyors
245 ## - TITLE STATEMENT
Title Proposal to change RICS Professional Indemnity Insurance (PII Arrangements) - UK and Ireland
Subtitle a consultation
Medium [Electronic resource]
260 ## - PUBLICATION INFORMATION
Place of publication London,
Publisher Royal Institution of Chartered Surveyors,
Date 20 November 2023
300 ## - PHYSICAL DESCRIPTION
Physical description 7p.
490 ## - SERIES TITLE
Series statement RICS Consultation
520 ## - ABSTRACT
Abstract RICS requires that all regulated firms must hold ‘adequate and appropriate’ indemnity as a protection for the clients they In the UK and Ireland, the Standards and Regulation Board requires firms to hold professional indemnity insurance (PII) that meets RICS’ Minimum Policy Wording. As a result of changing market conditions and an increased capacity within the market to write PII, RICS is proposing a number of changes to its Minimum Policy Wording. We consider that these changes will maintain the highest possible levels of consumer protection and help firms to manage their liability effectively. This consultation forms part of RICS’ policy development process, to ensure that the impact of any policy change has been properly assessed and stakeholders have been consulted on This will help us develop a final position that is proportionate to the identified problems. Considers in particular fire safety and cyber insurance cover. The aim of this consultation is to gather feedback and views on the proposed changes to the existing PII policy in the UK and the existing PII policy in Ireland, in the context of updates to the minimum policy wording which will come into effect on 1 April 2024. Consultation open between 20 November 2023 and 31 December 2023. <br/>
650 ## - KEYWORDS
Keywords FIRE SAFETY
650 ## - KEYWORDS
Keywords INSURANCE
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Keywords MINIMUM POLICY WORDING
650 ## - KEYWORDS
Keywords PROFESSIONAL INDEMNITY INSURANCE
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name United Kingdom
690 ## - BROAD SUBJECT
9 (RLIN) 6249
Broad subject Insurance
710 ## - ADDED CORPORATE NAME
Added corporate author Royal Institution of Chartered Surveyors
856 ## - ONLINE RESOURCE
Uniform Resource Identifier <a href="https://consultations.rics.org/Proposed_PII_Policy_amends2024/view?objectID=186784485">https://consultations.rics.org/Proposed_PII_Policy_amends2024/view?objectID=186784485</a>
Public note View the consultation document on RICS.org
856 ## - ONLINE RESOURCE
Uniform Resource Identifier <a href="https://consultations.rics.org/Proposed_PII_Policy_amends2024/consultationHome">https://consultations.rics.org/Proposed_PII_Policy_amends2024/consultationHome</a>
Public note View the RICS iConsult homepage on PII minimum policy wording
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC Do not suppress in OPAC
Holdings
Lost status Source of classification or shelving scheme Damaged status Not for loan Current library Shelving location Date acquired Total Checkouts Full call number Date last seen Price effective from Koha item type
  Dewey Decimal Classification     Virtual Online 07/12/2023   RICS iConsult 07/12/2023 07/12/2023 Online material