Construction companies face insurance cover drying up post-Grenfell – with SMEs the hardest hit

Rising professional indemnity insurance premiums and restrictions on cover are preventing construction companies from taking on projects, and could delay work to improve the safety of buildings post-Grenfell, an industry survey has revealed. The issue is creating a “two-tier system” where only those firms prepared to procure appropriate PI cover […]

Construction companies face insurance cover drying up post-Grenfell – with SMEs the hardest hit

Rising professional indemnity insurance premiums and restrictions on cover are preventing construction companies from taking on projects, and could delay work to improve the safety of buildings post-Grenfell, an industry survey has revealed. The issue is creating a “two-tier system” where only those firms prepared to procure appropriate PI cover […]