October 1st, 2011
Many architects work on their own or own their own firm
Whatever the case, the need for professional indemnity insurance is important. Architects work on a variety of projects that can also vary in their size and scale. Architects accept the fact that there is a certain amount of risk in their profession. Having proper insurance helps protect against these risk factors. In the United Kingdom, the Architects Registration Board (ARB) determines the minimum type of architect’s professional indemnity insurance. Typically this amount is set at $250,000. For architects to be members of the Royal Institute of British Architects (RIBA), Royal Incorporation of Architects in Scotland (RIAS) or the ARB, they must have professional indemnity insurance at the minimum established levels.


