40th Anniversary for LPMS

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Author

LPMS Admin

Published On

22/03/2017

Category

Advice to Surveyors

Consulting Surveyors New Zealand was constituted as a division within NZIS on 10 December 1973.  This resulted from a series of meetings of interested parties over the proceeding couple of years, which included a meeting of private practicing surveyors in Hamilton on 14 October 1973.  The late Ray Coldham of Harrison Grierson in Auckland, was elected the founding chairman of CSNZ at that meeting with Russell Banks as the secretary.

The purpose of the division was to represent the very specific interests of the group of NZIS members who were in private practice as consultants.  Membership of the division was initially only available to principals and partners of surveying firms but was later extended to include branch and divisional managers of larger firms.

It was recognised shortly after the founding of the division that specifically tailored risk management products for professional surveying practices was not readily available.  Considerable ground work was undertaken by CSNZ members, which involved a tour around the country to consult members in private practice on risk management.  In association with a Wellington broking firm, Adam and Adam, LPMS (Land Professionals Mutual Society) was formed in 1976 and the first professional indemnity insurance policy, that was specifically tailored for surveyors, was created. The late Rob Sowry was the first Chairman of LPMS.  Rob was legendary for his Risk Management presentations at the annual Consultants Workshop weekend.

In 1983, membership of LPMS was expanded to include Valuers and in 1985 was further expanded to include various kindred land professionals.  Today LPMS looks after the risk management requirements of land surveyors, valuers, quantity surveyors, property managers, farm management consultants and planners.

LPMS is not an insurance company but rather is a risk management organisation which facilitates risk management policies on behalf of its members.  There is however a strong link between LPMS, NZIS and CSNZ in that more than 50% of the members of LPMS are also members of CSNZ.