RICS professional indemnity insurance (PII) arrangements – UK and Republic of Ireland (Record no. 122120)

MARC details
000 -LEADER
fixed length control field 02028nam a22002177a 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250926101052.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250325t2025 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 RICS professional indemnity insurance (PII) arrangements – UK and Republic of Ireland
Subtitle a consultation
Medium [Electronic resource]
260 ## - PUBLICATION INFORMATION
Place of publication London,
Publisher Royal Institution of Chartered Surveyors,
Date February 2025
300 ## - PHYSICAL DESCRIPTION
Physical description 11p.
490 ## - SERIES TITLE
Series statement RICS Consultation
520 ## - ABSTRACT
Abstract RICS requires that all regulated firms hold ‘adequate and appropriate’ professional indemnity insurance (PII) as a protection for the clients they serve. In the UK and Republic of Ireland, the RICS Standards and Regulation Board (SRB) requires regulated firms to hold PII that meets the Minimum Policy Wording.<br/><br/>As a result of several issues that RICS is aware of, RICS is proposing changes to the Minimum Policy Wording that, if approved by the SRB, would come into effect on 1 July 2025. RICS believe that these changes will maintain a high level of consumer protection and help firms to manage their liabilities effectively.<br/><br/><br/>Through this consultation, RICS is seeking feedback and views on the proposed changes to the existing Minimum Policy Wording for firms in the UK and Republic of Ireland and any associated changes to the listed insurer agreement (the agreement between RICS and listed insurers, who offer PII cover that is compliant with the Minimum Policy Wording to RICS-regulated firms). Consultation opened 25 Feb 2025 closes 22 April 2025. <br/>
650 ## - KEYWORDS
Keywords PROFESSIONAL INDEMNITY INSURANCE
651 ## - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name United Kingdom
710 ## - ADDED CORPORATE NAME
Added corporate author Royal Institution of Chartered Surveyors
856 ## - ONLINE RESOURCE
Uniform Resource Identifier <a href="https://consultations.rics.org/gf2.ti/f/1720514/239398757.1/PDF/-/PII%20consultation%20February%202025_Final.pdf">https://consultations.rics.org/gf2.ti/f/1720514/239398757.1/PDF/-/PII%20consultation%20February%202025_Final.pdf</a>
Public note View the consultation document on RICS.org
856 ## - ONLINE RESOURCE
Uniform Resource Identifier <a href="https://consultations.rics.org/PII/consultationHome">https://consultations.rics.org/PII/consultationHome</a>
Public note View the RICS iConsult homepage on PII UK changes
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC Do not suppress in OPAC
Holdings
Lost status 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
      Virtual Online 17/03/2025   iConsult 17/03/2025 17/03/2025 Online material