Your source of construction insurance market trends and analysis.
Market conditions remain challenging for the construction industry and are set to continue this trajectory with the industry receiving a lot of media attention on the back of the Lacrosse building fire, the Grenfell Tower fire and other cladding related events.
Because of this, many insurers have been quick to introduce heavy restrictions in cover under building contractors’ insurance policies to virtually being uninsurable. BUT are they penalising the right party? Continue Reading