Construction Risks UK Blog

Construction site managers continue to suffer pressures from two main areas in early 2021 

Construction site managers continue to suffer pressures from two main areas in early 2021

The Irish construction sector, still feeling impacts from 2017’s spiralling insurance premiums for employer and public liability protection.

Construction Risks UK appreciate that construction projects can become dormant or “mothballed” for a number of reasons.

In recent years policyholders purchasing Professional Indemnity insurance have benefited from ‘soft market’ conditions.

Theft of plant and constructional equipment is on the rise in the UK. According to Allianz, plant theft costs the UK construction industry over £800m a year.

Read our guide on how to best present your construction industry business to the insurance market to get the best result

Any process that involves the application of heat whether it’s an open flame or the local application of heat and friction dramatically increases the risk of fire.

Company liquidations, receiverships, administrations or CCJs are “material facts” which must be disclosed to your insurers or risk invalidating your cover.

Many organisations now collect absence statistics but few combine them with other data sets to explore trends and issues with a view to reducing absence.

A building company and its director have been fined for breaching Gas Safety law after putting a childminder and children in her care at risk.

Offshore or “unrated” insurers are often able to provide very competitive premiums but there can be a price to pay for lower cost insurance.

According to the Structural Timber Association 18% of new homes are now constructed using timber frame as builders seek sustainable construction methods.

Read our useful guide to help you tell the difference between different types of sub-contractors to ensure your insurance is arranged on the correct basis

Efficacy insurance provides protection from claims made against you which arise from your product failing to perform its intended function.

In certain trades, in particular those involving the laying or pouring of concrete, the cost of correcting defective work can be extremely expensive.

Since January, news headlines have been dominated by the collapse of the UK’s second biggest construction firm, Carillion.