Article summary
The Royal Institution of Chartered Surveyors (RICS), Chairman, Andrew Gooding has announced that a review will take place on professional indemnity insurance requirements in the UK. Gooding says that the UK will focus on areas such as, identifying additional guidance and support that RICS can provide for RICS regulated firms obtaining appropriate and adequate indemnity and understanding what information clients and consumers require to ensure transparency around RICS regulated firms’ indemnification arrangements.
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