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IUA tackles high-rise fire safety risks with new model insurance clause

By 2022-09-01T15:00:00

cladding remediation

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

The International Underwriting Association (IUA) has published a new model insurance clause that covers fire safety risks.

Underwriters seeking to offer professional indemnity insurance for building cladding remediation work are free to make use of the new IUA Building Safety Fund Cladding and Fire Safety Limited Exclusion and Aggregation Clause, published today (1 September 2022).

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