000 01102cab a2200181 4500
001 ABS67743
008 040429n2004 000 0 eng u
035 _a(Sirsi) u126062
041 _aeng
100 _aMacGregor, E.
245 4 _aThe role of professional indemnity insurance in the management of project risks
260 _c2004
490 _aCivil Engineering Surveyor
_v April 2004, 30-32(2)
520 _aSummarises the reasons for taking out professional indemnity insurance as a way for professional practitioners to protect themselves. Highlights that some policies limit the insurer's exposure to claims made solely on the basis of the consultant's negligence. Recommends some alternative methods for insuring project risk, such as transferring risk to members of the construction team by way of contract terms. Such risks are then usually insured by way of professional liability insurance. Warns that mismanagement of financial risk of construction has materially increased the costs of those risks in the past.
590 _aABS
690 _aProject management
_96261
942 _n0
999 _c74384
_d74384