Finance and Insurance

Foreign business done well

Finance:

Insurance:

The Architects’ Council of Europe – ACE, in cooperation with its members, has provided an overview of the insurance situation in European countries and gives a valuable overview of relevant issues such as:

  • Are there liabilities after the construction works have finished?
  • Does the insurer respond on a “claims made” or “claims arising” basis?
  • What is the duration of professional liability?
  • Is there a legal obligation to be insured for liability?
  • Are there liabilities after the construction works have finished
Detailed overview of the insurance obligation
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