Professional Liability Insurance and the Technical Requirements Schedule
Starting April 1, 2024, upon renewal, a refreshed Professional Liability Insurance Policy takes effect. Coverage itself remains robust and effective in protecting and defending architectural practices. The modernized policy makes coverage more explicit, clear and easier to read and understand. Whether you require mandatory limits or increased limits, the policy is one and the same. Read about the Refreshed Policy and refer to the FAQs.
The Technical Requirements Schedule now forms part of the refreshed Professional Liability Insurance Policy. Water ingress is an exclusion in our policy, however, when architects and design teams follow the requirements outlined in the Technical Requirements Schedule coverage will be provided. It is presented as a standalone document, making it is easier for architects, design or project teams to download and reference, and assist the architectural practice in managing risks. It will be updated as needed to reflect best practices and should be referred to on a regular basis.
For additional context regarding water ingress, refer to the related Bulletin: Explaining the Technical Requirements Schedule and Water Ingress Coverage Requirements
BE ADVISED THAT:
- Materials manufacturers or suppliers may make claims that their product complies with our Technical Requirements Schedule. Pro-Demnity does not endorse any product or service. Architects are encouraged to conduct their own due diligence when such claims are made.
- Architects may refer to their policy issued upon renewal, as Pro-Demnity no longer publishes our professional liability insurance policy on this website.