SACAP Statement on PI Insurance and Registration of Professionals Associated with a Practice
STATEMENT FROM MARELLA O’REILLY, SACAP’S REGISTRAR/CEO RE. PROFESSIONAL INDEMNITY INSURANCE AND REGISTRATION OF PROFESSIONALS ASSOCIATED WITH A PRACTICE
Architectural professionals performing architectural work are legally obliged to be registered with SACAP and accordingly abide by the professions’ Code of Conduct. One of the many benefits of investing in professional registration is that you can enjoy good standing and the trust of financial service institutions. In particular from insurance companies who cover your Professional Indemnity (PI) and from banks who trust that registered professionals are competent to carry out claims and documentation with regards to draws against building work completed.