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Professional Indemnity Proposal Form
"I need a Professional Indemnity Proposal Form for a medium-sized architectural firm based in Lahore, Pakistan, with international projects in the Middle East, targeting coverage of PKR 50 million to begin from March 2025."
1. Personal/Entity Information: Basic details of the proposer including name, address, professional registration numbers, and business structure
2. Professional Practice Details: Information about the nature of professional services, years in practice, and geographical scope of operations
3. Financial Information: Details of annual revenue, fee income, and largest contracts
4. Staff Information: Details of qualified staff, their qualifications, and experience
5. Risk Management: Information about quality control procedures, risk management systems, and professional standards compliance
6. Claims History: Details of past claims, circumstances that may give rise to claims, and previous insurance history
7. Coverage Requirements: Desired level of indemnity, deductible preferences, and specific coverage needs
8. Declaration: Formal statement confirming the accuracy of information provided and understanding of obligations
9. Privacy Statement: Information about how the provided data will be used and protected
10. Signature Section: Space for authorized signature, date, and company stamp if applicable
1. Specific Professional Questions: Additional questions specific to certain professions (e.g., medical, legal, engineering) - used when the proposer belongs to these specific professional categories
2. International Operations: Details about international work and jurisdiction - included when the professional operates across borders
3. Subcontractor Information: Information about subcontractors and their insurance - required when subcontractors are used
4. Cyber Risk Extension: Questions related to cyber security and digital risks - included when digital services are part of the professional practice
5. Project-Specific Information: Detailed information about specific high-value or high-risk projects - used for professionals handling such projects
6. Partnership/Directors Coverage: Additional details for partnership or director coverage - required for firms with multiple partners/directors
1. Schedule A - Professional Qualifications: Detailed list of professional qualifications, certifications, and memberships
2. Schedule B - Claims Information: Detailed breakdown of past claims and circumstances
3. Schedule C - Fee Income Breakdown: Detailed breakdown of fee income by professional service type
4. Appendix 1 - Risk Management Procedures: Detailed documentation of risk management protocols and procedures
5. Appendix 2 - Staff CVs: Professional CVs of key staff members
6. Appendix 3 - Supporting Documents Checklist: List of required supporting documents including professional certificates, registration documents, and financial statements
Authors
Legal Services
Medical Services
Engineering
Architecture
Accounting and Financial Services
IT and Technology Services
Management Consulting
Real Estate Services
Educational Services
Healthcare Services
Design Services
Environmental Consulting
Human Resources Services
Marketing and Advertising Services
Legal
Compliance
Risk Management
Professional Services
Operations
Finance
Human Resources
Quality Assurance
Administration
Insurance
Senior Management
Project Management
Chief Executive Officer
Managing Director
Senior Partner
Professional Practice Manager
Risk Manager
Compliance Officer
Legal Counsel
Medical Director
Principal Architect
Senior Engineer
Managing Partner
Financial Controller
IT Director
Head of Professional Services
Chief Medical Officer
Principal Consultant
Senior Accountant
Project Director
Department Head
Professional Services Manager
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