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Objectives
The Association provides an alternative platform for the coverage of the professional indemnity risks of architectural practices. As an alternative, mutual carrier of such risks the Association aims to:
- Deliver cost-effective insurance in the long-term;
- Provide Members with control over their professional indemnity insurance;
- Promote the interests of the Members on insurance issues affecting architects;
- Maintain appropriate cover and assist Members to align their contractual liabilities with the cover provided;
- Maintain rates to achieve long-term stability in the cost of cover and use reinsurance effectively to the benefit of the Members;
- Improve standards in controlling and reducing risk within Member practices;
- Meet the highest standards of governance, risk management and financial practice within the Association;
- Contribute towards the development of diverse new talent in the architectural profession;
- Promote diversity and inclusion on the Board; and
- Promote the integration of environmental, social and governance characteristics into the Managers’ operations, meeting all applicable regulatory and statutory requirements.