The professional indemnity market is facing an unprecedented and testing period and insurance and professional indemnity (PI) premiums are rising.
The construction and valuation sectors are the most challenged at a time when supply is expanding and quality outcomes are expected.
In this context, could a “Kitemark”, embedding quality in housing design, procurement and construction processes, mitigate risk and offer greater certainty to insurers?
Collaboration is key to getting across to insurers messages on the actions the industry is taking to improve quality.
This challenging market looks set to remain for the next few years, so it is important to assess the impact of issues around building safety and the blanket exclusion of fire and cladding safety risks
Taking part were a range of professionals from the insurance and mortgage sectors, from housing contracting and commissioning and from surveying and architectural practices, valuation and legal specialists.
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Date:
Sponsors:
Contributors:
Matt Farman , Director, Property and Construction
Howden UK
Nigel Ostime, Delivery Director
Hawkins\Brown
Andy Tookey, Managing Partner
Baily Garner
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