Future-Proof Your Practice with the Right Cover
As an architect, your responsibility to past projects doesn’t end when you retire or step away from your practice. Claims can arise years down the line, making run-off cover an essential safeguard. Without it, you could be personally liable for legal costs and damages.
Why Do You Need Run-Off Cover?
Even after you close your firm, past projects remain at risk of professional indemnity claims. Run-off cover ensures you’re protected against potential claims of negligence, design flaws, or contractual disputes that might surface years later.
Legal Protection
Shields you from claims related to past work.
Peace of Mind
Ensures financial security after retirement.
Client Reassurance
Demonstrates professionalism and responsible planning.
Common Misconceptions About Run-Off Cover
“Run-off cover is too expensive.”
Our scheme is designed to provide cost-effective solutions, ensuring architects get the coverage they need without unnecessary expense.
“My previous insurance will cover me.”
Most policies require active renewal. If you don’t arrange run-off cover, you won’t be protected against future claims.
Take Control of Your Future
AIS is more than just an insurance scheme. It’s a community of architects shaping a better way to protect their work and financial future. When you join AIS, you become part of a growing movement to create a mutual, giving architects control over their insurance needs.
Flexible, Cost-Effective Cover – Designed specifically for SME architects.
Expert Guidance – Support from industry professionals who understand your risks.
Community & Influence – Have a say in the future of architect-specific insurance.
Get your Quote
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FAQ
Who are Prospect Mutual Management and Sanctuary Insurance Brokers Ltd?
Prospect Mutual Management and Sanctuary Insurance Brokers Ltd are the companies behind the Architects Insurance Scheme (AIS). They have combined their expertise to offer a tailored insurance solution for SME architects. Their role is to manage the scheme, provide professional advice, and ensure that the insurance policies meet the specific needs of SME architects.
Why do SME architects need Professional Indemnity Insurance?
Professional Indemnity Insurance is essential for SME architects because it protects against claims of negligence or errors in their work. It’s also a mandatory requirement for RIBA members and helps build trust with clients by showing they are covered for potential risks.
What does the PI insurance cover?
The PI insurance covers legal costs and expenses involved in defending claims, as well as compensation for financial loss due to errors, omissions, or negligence in your professional services.
Why do SME architects need Professional Indemnity Insurance?
Professional Indemnity Insurance is essential for SME architects because it protects against claims of negligence or errors in their work. It’s also a mandatory requirement for RIBA members and helps build trust with clients by showing they are covered for potential risks.
Ready to Protect Your Architectural Practice?
Contact us today to secure tailored Professional Indemnity Insurance and gain peace of mind, knowing you’re covered. Let’s discuss how we can support your practice with the right coverage at competitive rates.