The UK Professional Indemnity market continues to present serious challenges for businesses and individuals in the construction sector. Whether you are an architect, surveyor, contractor or inspector, the availability of viable PI Insurance is becoming more difficult.
Gone are the halcyon days of excess capacity and strong market competition – the “hard market” is here for Construction PI and looks set to stay for the immediate future. The past 12 months have seen a significant reduction in capacity and increase in premiums across the sector.
In our latest brief, we explore these factors, the impact on the construction sector and the steps you can take to secure the right insurance cover.
Click below to read our brief on Professional Indemnity, the construction sector crisis: