Analysis

Insurers and brokers braced for fallout as another latent defects insurer collapses

By 2020-11-27T12:36:00

flats dominoes fall down

In the aftermath of the Grenfell Tower fire, cladding has been a hot topic, with more and more latent defects insurers falling into administration after struggling to pay claims, Insurance Times investigates the wider impact on insurers and brokers

With East West Insurance Company (EWIC) being the latest casualty to go bust in the latent defect’s insurance saga, insurers and brokers are under increasing pressure.

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