000			01761nam a22001937a 4500
008			250407t2022 xxk|||||o|||| 00| 0 eng d
041			_aeng
110			_aRoyal Institution of Chartered Surveyors
245			_aRules and procedure for admission to the RICS Assigned Risks Pool _bversion 4 with effect from 2 February 2022 _h[Electronic resource]
260			_aLondon, _bRoyal Institution of Chartered Surveyors, _c2022
300			_a11p.
490			_aRICS Regulation
520			_aTo ensure the availability of professional indemnity insurance (PII) RICS has a market facility, the Assigned Risks Pool (ARP). The ARP is collectively underwritten by all RICS Listed Insurers and managed on behalf of insurers and RICS by Miller Insurance Services LLP. The ARP is open to all UK RICS regulated firms that are unable to obtain PII, which meets the minimum requirements of RICS. RICS recognises that circumstances may arise where a firm may be unable to obtain PII and unable to comply with the RICS PII requirements. Firms may be unable to obtain PII for a variety of reasons and the inability to obtain terms in the insurance market is not necessarily a reflection on your firm. Where this happens, the ARP is a facility to which a firm may apply to enable it to comply, in some cases to a more limited degree, with the RICS insurance requirements while the firm takes action to rectify the issues that that have led to it being declined PII.
651			_aUnited Kingdom
690			_aInsurance _96249
710			_aRoyal Institution of Chartered Surveyors
856			_uhttps://www.rics.org/content/dam/ricsglobal/documents/standards/Rules_And_Procedure_For_Admission_To_The_RICS_Assigned_Risks_Pool.pdf _zAvailable free on RICS.org
942			_n0
999			_c122134 _d122134