The Insurance Age editorial team dig into this week's top stories.
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Technical director Rob Smart warns of capacity issues in construction and urges brokers to get started early to avoid leaving companies without insurance.
Howden says current situation has put "incredible pressure" on the only compliant scheme available to customers.
Tokio Marine HCC’s Julian Goodall considers the snappily-named clause developed to iron out liability issues in construction.
Although brokers are not worried by the provider going into run-off, they have concerns over tightening capacity.
Research from HSB Engineering Insurance shows majority of brokers are in the dark when it comes to developments in technology in the construction sector.
Engineering specialist says four products will initially be available for brokers to quote and bind, as it plans to add more in the future.
Mactavish report claims that insurance companies are reluctant to underwrite the risks in some sectors as market faces “unprecedented” tightening.
Provider claims first to go live on the Acturis e-trading platform with stand-alone construction products available to brokers.
The market has also been keen to learn more, via sister site Insurance Hound, about business interruption, Brexit and construction plant theft.
Markel-owned business targeting regional brokers.
Provider pulls out of international construction, international freight and fixed price marine protection and indemnity business and is consulting with staff members about redundancies.
The specialist MGA has teamed up with Beazley and the product will be available to its brokers.
Business seeking small to medium brokers who need a succession plan.
The five most read stories of the week include news about products, aggregators and Folgate, as well as a blog from Huw Evans and the UK Broker Awards 2018 shortlist.
Mark Herbert, MD at Construction Insure, urged housing minister Dominic Raab to stop price comparison sites offering quotes to small businesses in the construction sector.
New product added in response to requests from brokers.
The combined liability offering also caters for environmental impairment.
MGA takes on new staff to run the schemes.
Profits are up at the consolidator as it looks to make more acquisitions.
Broker targets £1m GWP for the new office which focuses on construction and scaffolding business.
The MGA will offer home build and construction and engineering products to brokers.
A dedicated team of underwriters has been created to assist brokers as part of the enhanced proposition.