assigned risks pool definition

assigned risks pool means the arrangements by which an eligible firm may obtain professional indemnity insurance against civil liability by means of an assigned risks pool policy on the terms set out in Part 3 of these rules.
assigned risks pool means the assigned risks pool referred to in Regulation 7 through which an ARP eligible firm or a defaulting firm may obtain or be granted coverage that incorporates the minimum terms and conditions as varied by these Regulations;
assigned risks pool has the meaning ascribed to such term in the Regulations;

More Definitions of assigned risks pool

assigned risks pool means an arrangement approved by the Council and established by the Institute to provide a temporary insurance facility for Members who are unable to comply with the Institute's Compulsory Professional Indemnity Regulations because they have been declined or constructively declined insurance but who satisfy the relevant rules of admission;
assigned risks pool means the pooling arrangement participated in by each qualified insurer through which an eligible firm, a defaulting firm or a run-off firm (including a defaulting run-off firm) may obtain or be granted coverage (such coverage to be provided by insurance or by other arrangements for indemnification) that incorporates the minimum terms and conditions;
assigned risks pool means the assigned risks pool referred to in Regulation 7 through which an ARP eligible firm or a defaulting firm may obtain or be

Related to assigned risks pool

  • Assigned Rights means all of the Borrower’s rights, easements, privileges, tenements, hereditaments, contracts, claims, licenses or other interests, whether presently existing or arising in the future. The Assigned Rights include all of the Borrower’s rights in and to:

  • Unassigned Rights means the Governmental Lender’s rights to reimbursement and payment of its fees, costs and expenses and the Rebate Amount under Section 2.5 of the Borrower Loan Agreement, its rights to attorneys’ fees under Sections 5.11, 5.13, 5.14 and 5.15 thereof, its rights to indemnification under Sections 5.15 and 9.1.4 thereof, its rights of access under Section 5.17 thereof, its rights to receive notices, reports and other statements and its rights to consent to certain matters, including but not limited to its right to consent to amendments to this Funding Loan Agreement, the Borrower Loan Agreement and the Regulatory Agreement, and otherwise as provided in this Funding Loan Agreement and the Borrower Loan Agreement and the Governmental Lender’s indemnification, consent and enforcement rights and rights to payment of fees, costs and expenses under the Regulatory Agreement.

  • Assigned Property means the Insurances, the Earnings and the Requisition Compensation.

  • Assigned Assets refers to the Technology, all Derivatives, all Intellectual Property Rights, all Embodiments and Business Assets, collectively.

  • Product Portfolio means a set of information related to the DS Offerings available at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/terms/product-portfolio.