In-depth - construction: Building concern
Worries about cladding, higher personal injury costs and the knock-on effects of Brexit mean premiums for construction firms are going up. Sam Barrett finds out how brokers can help the sector
In spite of a slight fall in activity in UK commercial construction, demand for house building has helped the sector remain buoyant this year, according to the IHS Markit/CIPS Construction Index. But, as insurers get twitchy about some of the risks facing construction, brokers have an important role to play in ensuring these firms can access suitable cover.
Liability takes top spot in the insurers’ list of concerns, with Sarah Brailey, divisional director at THB Risk Solutions, saying the
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