NSW proposes new engineers standard
The NSW Government has proposed a new ‘fitness for purpose’ design practice standard for professional engineers registered under the Design and Building Practitioners Act 2020 (NSW). JMD Ross Insurance Brokers was active in discussions before and during a widely...
The PI insurance market for engineers and architects – current trends
Over the last three years, JMD Ross Insurance Brokers has kept consulting engineer and architect clients appraised of the ever-hardening professional indemnity (PI) market. The PI market has changed over the past 12 months and this will undoubtedly continue through...
Shockwaves hit insurance
The insurance industry, like other business sectors, is impacted by the Covid pandemic, climate change, cyber security and a host of other shockwaves. Data analytics and actuarial consulting firm Taylor Fry has examined the ramifications of the current social and...
PI implications from Design & Building Practitioners Act
The initial phase of the NSW Design and Building Practitioners Act 2020, which came into effect last June, contains some major changes for professionals, including architects and engineers. They include: • The introduction of a new duty of care with retrospective...STAY CONNECTED
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