Insurance Industry News

The Technology and Construction Court (TCC) has heard the first case to test the new 30-year liability period for building defects. Homebuilder Barratt has been allowed to add claims, issued against its civil engineers, which were previously time-barred to proceedings. Following the tragic events of the Grenfell fire, The Building Safety Act makes a party […]

You’re probably confident that you have taken appropriate steps to combat the risk of underinsurance at your premises (eg a fire or flood), but underinsurance is a risk that runs beyond your company’s walls—your supply chain needs cover too. While you might think a supply chain concern is automatically covered in your business interruption policy, […]

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Spring Statement 2019 Highlights On 13th March 2019, Philip Hammond, Chancellor of the Exchequer, delivered his Spring Statement to Parliament. Despite the uncertain impacts of Brexit, the statement featured mostly positive projections regarding the UK economy and employment rate, as well as updates on progress that has been made since the announcement of the 2018 […]