Indemnity Insurance Panic

First off, apologees for excessive use of the word 'fuck', fucking 'etc in previous blog. I was just a bit fucked off that day.
Right, now I've read in the BD about young architects who think the P.I. is this massive financial burden that is massively expensive and just like herpes ... for life.
Well the latter part is correct, but the cost ain't that bad. I started out a couple of years ago and was surprised at the costs. I applied through BD's websiteand the cheapest was £1400 for £1million cover. Considering the statuatary min' is £250,000 cover. A quote for £2000 allowed me to pay monthly, however I opted for the £1400 lump some, done n' dusted. This year my premium went down to £750 (still got me no claims bonus!) So all in all, not bad really.

When I was a youff architect, I always clung on to the fact that, although salaried architects wages were crap, I would one day get rich through the fat cat fees that I saw being charged out for us minions. I was definately a hope to hang on through the bad times...... Which reminds me 1990..........thanks for that one Margaret, suddenly add VAT on to new build, then raise interest rates to such a level that developers made more money by leaving it in the bank then investing in property. I don't ever remember seeing figures indicating how much additional revenue was generated by the new VAT, or was it because the the million or so, dumped out of the construction industry and onto the dole created a negative wealth gain, as Donald Rumsfield would say. So Margaret, good job, well done, after all the industry was riddled with unions and people who thought Ronald Reagan was an idiot..........you fuckwit!
Talking of which reminds me of old Charlie boy's fab 'Carbuncle' speech that shook up the architectural establishment so much that we now have Venturi's stapled on pastiche to the gallery and of course, the cutting edge design that is omnipresent at Poundbury.Oh , and lest we forget that fellow Adam, who thinks himself existing in a Jane Austen novel spouting his Ludite thoughts. And of course we mustn't forget the biggest impact Charlie's speech had which was the virtual demolition of Ahrends Burton Korrelec (No idea how to spell that last bit)I may be wrong but I seem to remember hundreds of staff being laid off as clients dropped ABK in the wake of the speech. All so Charlie could have his say over this awful modern stuff that keeps sprouting up. All very well for u mate but wot about us daaanstairs (last sentence to be read out loud in a Dick Van Dyke cockney accent). Nice one......fuckwit.
Well that's me done now as I've lost interest in writing for today.
Ciao PoffA