Why Birchin?
Unlike many of our competitors, at Birchin we don’t operate a ‘one size fits all’ approach – we understand that each business is unique and requires individual handling.
As an independent broker we have access to a wide range of insurance markets and will always put your needs first, in selecting an insurer not only with competitive terms, but who also understands your risk thoroughly and offers the highest level of security rating.
We are completely impartial and are not tied into placing business with one particular market, allowing us to access a full breadth of offerings.
We can offer cover for all sizes of Chartered Surveying firm, whether you are a sole practitioner or multiple office & discipline practice, our approach is tailored to your requirements.
You will deal with a knowledgeable and experienced team with the skills needed to negotiate the best terms available with our insurance markets.
Our Particular Appetite
We have a particular focus on those Chartered Surveying businesses who carry out valuations for lenders (up to 100% of fee income), and Chartered Building surveyors, including where there is involvement in design and construct work.
Why do you need Professional Indemnity Insurance ?
All Chartered Surveyors in business or practice are expected to hold adequate insurance; this is in the form of professional indemnity insurance and is mandatory under the rules of the Royal Institution of Chartered Surveyors (RICS).
Full details of the requirements can be found on the following link to the RICS
PII in the UK: April 2021 update (rics.org)
What does it cover ?
Professional Indemnity insurance will cover the cost of defending your business against allegations of professional negligence (for example giving your client incorrect or wrongful advice) and if unsuccessful, the cost of any damages awarded against you.
How to obtain a quotation ?
The ideal time to begin the process of obtaining a quotation is around 60-90 days before the renewal date of your existing coverage. You should be sent a proposal form to complete by your existing insurer or broker and we can happily use this completed form to undertake our market assessment for you, or alternatively please download and complete our own form using the download button below.
You will see details of the various additional information we require to accompany your completed proposal form, it will greatly assist in the underwriting of your case to make your submission to us as complete as possible.
If you should have any questions or queries at all then please reach out to us as we will gladly assist you with every step in the process.
Please send your completed proposal form, together with other attachments along with a copy of your current insurer’s schedule of cover.
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