Construction sector reins in sizeable environmental impact

A strong rebound in mergers & acquisitions drives insurance innovation

A record rebound in merger & acquisitions (M&A) activity in the second half of 2020 is likely to continue this year in the wake of the pandemic. Insurers are targeting this segment with an expanded portfolio of solutions to reduce the financial risk of transactions.

Construction contractors face reduced protection over changing professional indemnity policies

Contracting firms are facing rising premium and worsening terms & conditions at renewal of their professional indemnity (PI) insurance policies. As a result, contractors are increasingly left with reduced protection when compared to prior years.

New D&O developments further impact financial lines market conditions

A series of developments in directors and officers liability insurance (D&O) risk have recently impacted insurance market conditions for financial lines, further adding pressure on rates.

Grenfell Tower inquiry recommendations set to impact the housing sector

An inquiry report following the tragic fire incident at Grenfell Tower includes a number of recommendations which will have a major impact on the UK housing sector if adopted.

Professional indemnity availability tightens for construction firms

Rates for professional indemnity (PI) in construction are likely to continue rising throughout the year as insurers reduce their exposure to this line following large claims in the space and a profitability review at Lloyd’s of London.

Why Brexit-related D&O claims are likely to be rare

It would not be unreasonable to expect that, almost three years after the EU referendum in the UK, executives would have a clear view on the consequences the decision is likely to have for the company they lead and a plan to manage the potential negative impact of the decision.

Professional indemnity insurance: how to navigate the changing market

The professional indemnity insurance (PII) market may be hardening for the first time in years. But there remains plenty of choice for well-managed firms who act swiftly.