Is your file ready to go?
Practitioners in the construction sector are no strangers to aggressive claims behaviour.
File Retention: Professional Indemnity Insurance and GDPR
Under GDPR there is no general right to hold and process personal data.
Assumptions which undermine your risk management
An incomplete strategy can arise from incorrect assumptions.
Is the threat of “smash and grab” receding?
Is manipulation of the prompt payment provisions on the decline?
Fitness for Purpose – Vigilance is needed
Concerns at the introduction of higher performance standards.
You agreed a cap on liability but you didn’t put it in!
Make sure to include agreement in any contract.
A professional’s certificate is not a rectification warranty
Confusion leads to unfortunate results.
Special Performance - Provision of collateral warranties
What happens if the warranty is requested before the contents agreed?
Giving advice in relation to having a clear engagement.
Are you insuring your sub-contractors more than you thought?
Potential for an insurance shortfall against a major claim
Sub-contracts: back to back or back to front?
When subcontracting make sub-contractor's contract back to back with your own.
Implications for all professionals in Smash and Grab claims
Recent case reinforces strict contractual interpretation.