Analysis

Industry demands change to build sustainable construction PI market

By Jon Guy 2021-04-08T11:19:00

Construction Insurance JG April 2021

Trade association believes historic liabilities following 2017’s Grenfell Tower tragedy will lead to current claims exposure for insurers providing professional indemnity within the construction sector

Insurers are warning of the need for urgent reform to the UK construction sector amid predictions that unless change is delivered, the challenges of obtaining professional indemnity (PI) cover will only increase.

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