IUA sets up construction group
Group formed amid ongoing issues with capacity in the construction market.
The International Underwriting Association (IUA) has started a London Market committee, The Construction Working Group, to address issues around the use of cladding and fire protection following the Grenfell fire.
It is for underwriters who offer professional indemnity cover to the construction sector.
Technical
The IUA further stated that it hopes to encourage a more technical underwriting approach and address the availability of professional indemnity cover throughout construction industry
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