RIBA to investigate post-Grenfell crisis in professional indemnity costs

By Jim Dunton2022-06-27T13:00:00

Cost of PI poses existential risk to some practices, institute acknowledges

RIBA has launched a review of the professional risk and professional indemnity insurance market in response to a crisis it acknowledges is “worsening” in terms of the cost and breadth of cover available to architects.

The cost of PI cover has been increasing in leaps and bounds in the five years since the Grenfell Tower tragedy exposed widespread problems with building safety.

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