Video: Surviving the construction PI market in a recession
As the UK’s construction sector struggles to come to grips with the current recession, attention within the insurance industry has focused upon the professional indemnity (PI) exposures associated with construction and particular emphasis has been placed on the recent and marked increase in claims.
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In this special programme Andrew Tjaardstra talks to experts on the sector including Dan Mitchell from Brit Insurance, as well as Andy Field, Cavendish Munro and Phillip Roberts, Beachcroft about the present state of the construction professional indemnity sector. Our panel of experts discusses the types of claims coming through, how brokers, insurers and insureds should respond and look forward to the sector's fortunes over the next 12 months.
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