What’s happening in the Professional Indemnity (PI) Insurance Market?
IStructE Webinar – 6th July 2021, 10:00 – 11:00
Building upon their long-established relationship, The Institution of Structural Engineers (IStructE) and Professional Indemnity (PI) Broker Griffiths & Armour have put in place a framework to support members in the areas of PI Insurance and professional liability exposure. Through a series of seminars and publications, IStructE members will continue to be kept up to date on developments within the PI market and underlying risk trends.
What’s happening in the PI Insurance market?
The answer is not that simple and over the years we have invested considerable time explaining the forces that shape the market, what drives insurers’ thinking and how clients can manage their risks and relationships to achieve better outcomes. Click here to view our recent video that provides guidance and practical advice for firms in approaching the renewal of their PI insurance.
On the 6th July these issues will be explored further in our webinar in partnership with the IStructE. Griffiths & Armour Professional Risks Directors, Stephen Hargreaves and Graeme Tinney will reflect upon:
- How firms can prepare for their PI renewal;
- How market conditions have impacted over the last few years; and,
- The response that is now required.
Commenting upon the video and broader engagement, Kristy MacDonald, Board Secretary and Head of Professional Conduct, IStructE, said she believed this is exactly the kind of helpful advice members require.
“When it comes to PI insurance, firms have so many questions and many are facing into challenging renewals in 2021. By working even more closely with Griffiths & Armour, we believe that members will be more informed and better placed to address the challenges.”
The webinar is free to IStructE members and those interested in attending can register by completing the form below.
Griffiths & Armour
Griffiths & Armour is a leading Professional Indemnity insurance broker and risk management adviser, providing a personal and responsive service to their clients. For over 75-years they have worked in close partnership with the Engineering profession, offering effective insurance protection combined with informed risk management advice and expert claims handling support.
With an outstanding reputation throughout the UK, Ireland and overseas, Griffiths & Armour act for over 3,000 firms of construction consultants of all shapes and sizes, from sole practitioners to 30,000 strong FTSE-100 listed Engineering companies.
Stephen Hargreaves MA FCII
Stephen is a Director at Griffiths & Armour Professional Risks and heads up their team of specialist Professional Indemnity claims handlers. In that capacity he has amassed a wealth of experience in the defence and/or settlement of claims against his clients. This experience informs much of the firm’s risk management activities in which he is a regular contributor to its widely acclaimed publications and a frequent speaker at events such as these. Stephen is a Chartered Insurance Broker and a Fellow of the Chartered Insurance Institute.
Graeme Tinney BA FCII
As a Director of Griffiths & Armour Professional Risks and CEO of Griffiths & Armour Europe DAC, Graeme heads up teams looking after the interests of construction professionals operating across the UK and Ireland. He works closely with a number of industry bodies and provides ongoing advice on liability and insurance issues affecting the Engineering profession. Graeme is a Chartered Insurance Broker and a Fellow of the Chartered Insurance Institute.
Marelize Visser, IStructE Board and Council Member
Marelize Visser began working as a structural engineer at VelaVKE doing concrete bridge design in 2001, then started her own structural engineering consulting practice in 2010, namely TMV Consulting and Design. She joined the Joint Structural Division (JSD South Africa) in 2011 as ordinary committee member, and then served as the treasurer during mid-2013 and 2014. She was appointed as JSD Chairperson 2015 and 2016, with an extended two year term 2017 and 2018. Marelize started serving on the Instituion Council from 2015, and was appointed as an ordinary Council member 2017-2019. During 2017 she was appointed to serve the Institution as a Board member. She is also a Fellow of the SAICE (South African Institute of Civil Engineers), serving on its Council since 2014.