Product Hub: Construction and engineering

Welcome to Insurance Age’s Construction and Engineering Product Hub. This page hosts all of our construction and engineering product news and insight to help the market keep abreast of latest developments and to boost their business development strategies.

Product overview: Construction and engineering

Major infrastructure projects such as HS2 and Hinkley Point C coupled with the UK’s constant demand for housing, mean the construction and engineering sector is a significant part of the UK economy. But, after many years of a soft insurance market, it’s facing challenges as insurers adjust their appetites following a series of large losses in the last five years.

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Iprism buys Metier Underwriting

Managing general agent Iprism has struck its first deal buying specialist underwriting agency Metier Underwriting for an undisclosed sum, Insurance Age can reveal.

Amicus hits £22m in GWP and sets sights on M&A

Amicus CEO, Adam Scott, has told Insurance Age that the broker is looking to do deals as it aims to become the largest construction waste broker in the UK, following last year's MBO which was supported by Shawbrook Bank.

PIB reshuffles management team

The changes include Adrian Colosso becoming chairman of its specialty business and Bernard Macgeean set to become chair of Q Underwriting and PIB’s Schemes & Affinities.

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