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.

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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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Broker satisfaction survey

In 2021 Insurance Age undertook its largest ever survey of UK brokers in order to assess the quality of insurer service across the market. The Broker Satisfaction Survey covers 11 business lines in total and accessed more than 7,000 data points, making it one of the biggest surveys in the broker community.

The full results can be found here

To share your thoughts on who the best insurers are in Construction and engineering, click the button below.

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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.

PIB buys in Nottingham

JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.

PIB buys Jersey-based CBCJ

Consolidator says the PI specialist broker will be integrated into its Guernsey-based business as it plans to expand across the Channel Islands.

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