GRAEME TINNEY, CEO, Griffiths & Armour Europe DAC, outlines the conditions within the professional indemnity insurance market and what firms should be considering in advance of their 2021 renewal.
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Requirement for Professional Indemnity insurance for construction companies explained. What you need to know… The current insurance market for PI or Professional Indemnity insurance for construction companies is changing rapidly. Very shortly PI is likely to become mandatory for all Construction Companies, writes David Lynch, Capital Cover Group. What is Professional Indemnity? Professional Indemnity insurance […]
What to do to minimize the impact of the hard insurance market Reduce construction insurance costs The signs would suggest that a hardening of the rates and an increase in premium for Employers’/Public Liability (EL/PL) insurance for the construction sector is on the cards and may be imminent. However, there are a few things that […]