All Construction articles – Page 3
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NewsMarsh and Beazley team up to offer contractors ESG performance-based PI cover
‘ESG concerns are a growing area of scrutiny for the global construction sector,’ says chief executive
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NewsAspen to support mental health in construction industry with ‘first of its kind’ London market product
’This pioneering offering marks a significant step forward,’ says head of UK liability and DUA
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News AnalysisBriefing: New war facility in Ukraine a shining example of what insurance can be
Providing the the vital protection needed to the people rebuilding a country while a war rages is perhaps the perfect example of what insurance can do
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IT InterviewNeil Galjaard: Markel UK’s divisional managing director talks product strategy
‘You can knit the component parts together to give what is a truly differentiated proposition in that sector for the broker to deliver to their client,’ he says
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News AnalysisInsurance sector responds as RAAC crisis continues
‘It is really important that schools discuss any construction work with insurers to understand any implications,’ says principal risk management surveyor
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News AnalysisBriefing: Brokers key to solving underinsurance problem
Brokers will need to take on a much greater advisory role to properly support their clients in tough times
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NewsBusiness interruption and natural catastrophes top risks facing construction sector
’Property damage and business interruption losses are now likely to be significantly higher than before Covid-19,’ says director
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NewsConstruction sector requires support from insurance firms in UK’s net zero transition – UKGBC
Risk perception around a secondary materials market needs to be addressed, says the council
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NewsMiller launches new D&O product for construction sector
The broker said the product ‘plugs gaps’ in currently available broader D&O coverage
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NewsRecession hits construction firms hard
To avoid insolvencies, the insurance industry has a responsibility to provide clarity and understanding for clients
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AnalysisThe Big Question October 2022: What is the current state of play in the construction professional indemnity market?
Insurance Times asks industry leaders about the current construction PI market as headwinds hit the sector following the likes of the Grenfell Tower tragedy
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NewsRokstone targets ‘go-to’ status with trio of senior engineering underwriter hires
The three appointees join from Globe Underwriting and all have previously held roles at Pioneer
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NewsIUA tackles high-rise fire safety risks with new model insurance clause
The representative body hopes that its new clause will provide underwriters with ‘greater confidence to offer effective insurance solutions’ to firms that are working to remove dangerous cladding from high-rise buildings
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NewsRates for builders’ risk construction cover increased by 5% year-on-year in London market
Higher sub-limits and extension limits for these policies in London give the market ‘a competitive differentiation’, says broker’s head of international construction
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IT InterviewMarkel UK attributes four star report rating to sustainability focus
The insurer has also sought to ensure that Covid-19 has not been ‘an excuse not to pay’ claims, says divisional director
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NewsInsurers must prepare to pay interim material costs for cashflow concerned builders
Insurers ‘can expect a much wider range of project costs than normal’, predicts senior surveyor
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NewsCommercial property premiums face 2022 rises as costs soar
Materials cost index reveals rising costs and added pressures
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NewsUK construction plant fire claims doubled in 2020 – HSB
The claims surge can be attributed to the pandemic, says product lead
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NewsProperty and finance services consultancy launches insurance broker
Managing director says the firm will offer ‘choice’ amid ‘a consolidated landscape’
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NewsMcLarens launches new independent surveying business
The initiative ‘marks a hugely positive step in McLarens’ evolution’
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