Risk Management

Resources

Articles from Communiqué Newsletters and Other Useful Information
 
 

Membership Benefits

Members of NZACS gain access to PI Insurance at bulk discount rates and assistance in
times of need by experienced architects.
 
 

Cautionary Tale

Height in relation to boundary
Make sure you know whether the boundary is at the bottom or the top of a boundary retaining wall.

When the builder sets the floor level before pouring, check that the roof constraint height will be in accordance with your expectations.

Re-planning a top floor and rebuilding a roof can be expensive.


Risk Management is the process of identifying, assessing, responding to and controlling risks.

  • In architecture, prudent risk management includes taking out professional indemnity insurance.

Professional indemnity (“PI”) insurance provides cover to the professional in the event of a liability to others arising through negligence or otherwise.

  • Claims can be resource-hungry, stressful, and potentially damaging to reputations.
  • The PI cover arranged through NZACS provides financial support to meet the costs of legal and technical assistance
  • In the event of an actual or potential claim, the NZACS Claims Committee is available for support, advice, and risk assessment, and to liaise between the member, insurers, and the legal and technical inputs.  The committee comprises two architects in private practice with a combined experience of over 70 years.


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