Insurance
Significant cost increases and the introduction of new restrictions on professional indemnity (PI) insurance are preventing companies taking on projects and could delay essential work on building safety.
FIS are aware of the growing issues within our supply chain regarding requirement, availability, and escalating cost of insurance (particularly professional indemnity), but also overall concern regarding support for our sector from the insurance industry. Our remit from the Board is challenge and, if necessary, disrupt and we are considering a number of potentially radical options to address this challenge to our members. Below is a summary of key updates on this growing insurance crisis. If you are interested in finding out more or getting involved in this work email iainmcilwee@thefis.org
CIVC Forum guide offers advice on professional indemnity insurance
The CICV Forum has unveiled a new guide to the crucial and increasingly complex issue of...
Leading reform in insurance for construction
FIS has become acutely aware of the growing issues within our supply chain regarding requirement,...
FIS Trends Survey shows cautious optimism
FIS latest quarterly trends survey shows that there is cautious optimism in the sector, but...