Consultation on proposals to amend the RICS Minimum Policy Wording for April 2021

This consultation on proposals to amend RICS Minimum Policy Wording forms an integral part of the RICS’ policy development process, and helps ensure that the impact of the policy wording has been properly assessed, unintended consequences explored and that stakeholders have been consulted and have the opportunity to feed into the process.

The aim of this consultation is to gather feedback and views of any unintended consequences around the new cyber risk requirements, alongside views on proposals to amend the fire safety exclusion wording.

We are particularly keen to hear from RICS regulated firms, alongside insurers and brokers. You can respond to this consultation online via RICS iConsult or by emailing your comments and responses to the questions to hgarnett@rics.org

The consultation will run from 14th January to 29th January 2021.

iConsult copyright notice:

In using the iConsult web-space you agree to license RICS and its group companies to reproduce in any format and at any place worldwide the contents of any posted material for any business purpose in perpetuity.

Commenting effectively:

When commenting on this RICS consultation draft, please make sure you:

Comment only on the individual section to which your comment refers, rather than inserting all comments into one section. As responses are collated through an automated system, this will help us to present all comments to the working group in chronological order avoid leaving comments that do not reflect a point of view (e.g. inserting 'okay' across a number of sections); and keep comments as brief and to the point as possible.

If you require further assistance or information please contact hgarnett@rics.org

Timeline

  • Opened
    14 Jan 2021 at 18:00
  • Closed
    29 Jan 2021 at 23:59
  • Response Published
    05 Feb 2021

Details