Construction
Novae backs Fiducia engineering facility
Fiducia MGA has launched an engineering facility with capacity provided by Lloyd’s syndicate Novae.
Legal Column: Grenfell and the burning urgency for better regulations
Fire regulations are coming under scrutiny after the Grenfell disaster, says Vikki Watt, health & safety partner at BTO.
Reconstruction costs for Harvey could top $40bn
Reconstruction costs form property damaged by Hurricane Harvey could reach $39.6bn, according to Core Logic.
Analysis: Insurers want PI to be left out of the European services e-card
The European Commission wants to create a professional indemnity certificate for cross-border activities but insurers and brokers find the proposal unworkable.
Blog: If Hurricane Andrew II hit Miami today
If a hurricane the strength of Andrew tracked through Miami today, losses would likely exceed $200bn ($155bn), almost twice what the insurance industry is prepared for, warns Karen Clark, co-founder of Karen Clark & Company.
Analysis: The legacy of Grenfell Tower
How the blaze that killed at least 80 people promises to be one of the most complex claims in recent years
Castel Specialty enters construction market
Castel Specialty has expanded its book of business with the launch of a construction portfolio.
This Week: Menace, manifestos and managing general agents
There is a menace in my house in the form of water. First it caused problems in my kitchen (as many of you will remember) and now it's found its way out of the bathroom.
Claims aggregation: Joined-up thinking
The Supreme Court ruling in AIG has clarified the conditions under which claims can be aggregated, allowing insurers to reduce their exposure, but future cases will remain highly fact-sensitive
Legal Update: New technology risk in construction
Construction professionals using unproven technologies may inadvertently affect their professional indemnity cover if they fail to disclose all relevant information to their broker and to keep their insurer in the loop, warns Hannah Cane, partner and…
Blog: H&S obligations for construction subcontractors
The recovery of the construction sector to pre-2008 levels in some regions provided welcome news at the start of 2017 to those supporting contractors in the UK. However, with an increase in construction work, there is a heightened pressure for skills…
Neon launches marine and offshore construction consortium
Neon has launched a marine and offshore construction consortium, underwritten by Mireille Dolonen.
Clear Insurance Management acquires MPW Insurance Brokers
Clear Insurance Management has acquired Kent-based MPW Insurance Brokers, its largest acquisition to date.
Blog: Pokémon no go - the rules of the game for construction professionals
How can an app where players catch animated characters affect the insurance industry?
Blog: Brexit could have heavy impact on construction
Seven months on from the UK's decision to leave the European Union, uncertainty and speculation about the implications continue to face UK businesses.
Legal Update: New pre-action protocol for construction and engineering disputes
As the new pre-action protocol for construction and engineering disputes, insurers may need to amend their policies for those claims.
Blog: Construction cries out for planning help
Insurers and reinsurers will only be too aware of the insured losses that arise on an annual basis from the UK construction industry.
Power plant construction accident kills 74 in China
74 people have died after a platform at a power plant construction site in Jiangxi province, east China, collapsed.
RSA's Hayley Robinson on speaking customers' language
Insurers involved in tenders know that they need to differentiate themselves from the competition by demonstrating superb service. And delivering a joined-up, seamless proposition takes a lot of coordination.
Lockyers offers ‘palatable’ wholesale facility on piers
Lockyers has opened a wholesale division, offering “previously uninsurable” pier coverage to other brokers.
Articulating terror risks with construction policies
As the areas affected by war and terrorism expand, the number of risks seeking insurance in those regions is increasing.
Brexit raises health and safety law questions
Some health and safety rules might come under review after Brexit but excessive deregulation could have an impact on fatalities and insurance premiums.
Kerry London aims for £20m turnover by 2020
Kerry London has outlined a “five-year vision for growth” as the broker sets its sights on further expansion.
Interview: Graham Smart, McLarens Europe
It has been three years since Graham Smart took over the role of McLarens Europe MD from Trevor Latimer. He reflects on the challenges the market has faced and what growth opportunities remain.