The completion of this form in no way binds the Proposer to purchase insurance, nor does it bind Underwriters to give
insurance. Any information given will only be passed to Underwriters for the purpose of quotation and will be treated as
confidential. /
1) / Company Name: / Establishment Date:
Address: / Telephone No:
Fax No:
Email:
2) / Details of all Principals, Partners or Directors
Name / Age / Qualifications
3) /
UK
/USA/Canada
/Other
/Total
Total Gross Fees in last financial year : / £ / £ / £ / £Estimated Gross Fees for next financial year: / £ / £ / £ / £
Largest Fee from any one client: / £ / £ / £ / £
4) SURVEYORS
a) / Architectural work / % / m) / Estate Agency / %b) / Town Planning / % / n) / Residential Property Management / %
c) / Feasibility studies / % / o) / Commercial Property Management / %
d) / Landscape/Garden architecture / % / p) / Rent Reviews / %
e) / Quantity Surveying / % / q) / Aerial/Marine or Engineering Surveys / %
f) / Residential Building Surveys/Valuations / % / r) / Setting out / %
g) / Commercial Building Surveys/Valuations Surveys/Valuations / % / s) / Auctioneering / %
h) / Interior Design (structural) / % / t) / Insurance or building society work / %
i) / Interior Design (non-structural) / % / u) / Investment Agency / %
j) / Project Co-ordination / % / v) / Expert Witness work / %
k) / Project Management / % / w) / Planning Supervisor work / %
l) / Building Surveying / % / x) / Other work (please specify) / %
TOTAL / 100 %
5) Please state the following for building surveys - reports and valuations undertaken in the last year:
a) / Number of building surveys / ______ / e) / Average single property valuation / £______b) / Average property value surveyed / £______ / f) / Average portfolio valuation / £______
c) / Largest value of property surveyed / £______ / g) / Largest single property valuation / £______
d) / Number of valuations / ______ / h) / Largest portfolio valuation / £______
6) Details of the 3 largest contracts in the last 5 financial years (give details of current projects if new business):
Client / Description / Contract Value / Fee1
2
3
7) / Your business or practice does not and never have in the last 6 years undertaken any survey & valuation work for lending purposes. /
YES
/NO
8) / Your business or practice does not and never have undertaken any swimming pool work or domestic basement or sub-basement extension contracts. /YES
/NO
9) / Have any claims in respect of the risks to which this form relates ever been made against the business or any of the Principals, Partners or Directors? /YES
/NO
Are any of the Principals, Partners or Directors, AFTER FULL ENQUIRY, aware of any circumstance which might give rise to any such claim? /YES
/NO
Has any proposal in respect of the risks to which this form relates ever been declined or has any such insurance ever been cancelled or renewal refused? /YES
/NO
If YES to any question, please provide details on a separate sheet.10) / Other material information:
11) / Does the firm currently hold Professional Indemnity Insurance? /
YES
/NO
What Limit of Indemnity do you require?Name of Current Insurers
Name of your broker
Renewal Date
Limit of indemnity
Premium
Excess
Please read this paragraph carefully before signing the declaration:
It is essential that every Proposer or Assured when seeking a quotation to take out or renew any insurance discloses to the prospective Underwriters all material facts and information (including all material circumstances) which might influence the judgement of an Underwriter in deciding whether to accept the risk and on what terms. The obligation to provide this information continues up until the time that there is a completed contract of insurance. Failure to do so entitles the Underwriters, if they so wish, to avoid the contract of insurance from inception and so enables them to repudiate liability there under. If you have any doubt as to what constitutes a material fact or circumstance please do not hesitate to ask for advice.
DECLARATION
I/we declare that, after full enquiry, the contents of this proposal are true and that I/we have not misstated, omitted or suppressed any material fact or information. I/we agree that this proposal together with any other information supplied by me/us shall form the basis of any contract of insurance which may be affected. If there is any material alteration to the facts and information which I/we have provided or any new material matter arises before the completion of the contract of insurance, I/we undertake to inform Underwriters.
I/we hereby consent to any information I/we have provided being processed by you for the purposes of providing insurance and claims handling, which may necessitate sharing such information with third parties. Pinpoint Underwriting Limited may use this information for marketing (by post, telephone, e-mail or fax) subject to the conditions of the Data Protection Act. If you do not wish these details to be used for marketing please inform Pinpoint Underwriting Limited in writing. Under the Data Protection Act 1998 you have the right to access or amend the information we hold about you. If you would like to exercise either of these rights please contact Pinpoint Underwriting Limited.
Date: ______/______/______
Signature of Principal: ………………………………………………………………………………
Please fax back to us on 01738 472 026 or email