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Recession hits construction firms hard

By 2022-10-24T06:30:00

construction worker

To avoid insolvencies, the insurance industry has a responsibility to provide clarity and understanding for clients

Construction firms are suffering as the recession has “really hit home in terms of this part of the market”, said Insurance Times editor Katie Scott, speaking as part of Markel’s panel How the professional indemnity (PI) industry is responding vs. what is needed last week (19 October 2022).

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