Aon has been appointed by the Royal Institution of Chartered Surveyors (RICS) to provide professional indemnity insurance and risk management to its UK members, in the first phase of a global rollout.
UK-based RICS members, from small firms to large corporations, will have access to a dedicated team of specialists offering PI cover and risk management tailored to their businesses.
RICS sets and enforces standards for professionals working in valuation, property management, land, construction and infrastructure. It said it chose Aon for its global network, its construction sector experience and its ability to provide bespoke solutions.
Griffiths & Armour, an Aon company with long experience in PI for construction professionals, will lead the UK rollout. It will also work with Aon’s international network on future launches in other countries.
“It is important that RICS members have access to insurance and risk management expertise that reflects the size and nature of their businesses,” said Rob Kemp, chief executive of commercial risk, UK, at Aon.
Justin Young, chief executive of RICS, said access to appropriate PI cover was vital to members’ ability to serve their clients with confidence.
PI cover is a requirement for RICS-regulated firms, and the market for construction and property professionals has been challenging in recent years. Insurers have tightened terms on fire safety and cladding-related work since the Grenfell Tower fire, and some surveying firms have faced exclusions or limited capacity for that work.
Construction-related pressure is also building more broadly. Sedgwick reported that 3,948 construction businesses failed in England and Wales in 2025. Construction is among the sectors most exposed to rising insolvencies, according to Willis Re. When contractors fail, claims against the professionals who advised on or valued their projects can follow.
For brokers with surveying clients, the RICS arrangement gives members a direct, endorsed route to PI cover through Aon. That increases competition for this business, particularly among smaller firms that may have used local brokers.
Brokers can still compete on independent advice and breadth of market access, especially for firms with complex exposures, such as fire safety work, where specialist placement matters. Clients should compare the scheme’s terms, limits and exclusions carefully against their existing cover, rather than switching on endorsement alone.
