...our professional indemnity insurance has dropped this year when most surveyors premiums are rising...
I won't pretend I understand precisely why that's a good thing, but I'm glad for you it's so.
And I'm curious how a previously insurable firm might be 'refused insurance', although I can understand how such a firm would then find it hard to operate.
Looks like the banks are an important source of work.
My banking brother was once involved in handing cases of companies in financial difficulty to insolvency practitioners/accountants.
He was courted by some accountancy firms with others of hospitality, often quite extravagant, but nearly all turned down.
The bank's policy was to hand the work to firms on the panel on a strict 'next cab off the rank' basis.
Last edited by: Iffy on Mon 7 Feb 11 at 01:07
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