Construction professional indemnity market update

29 March 2019

The professional indemnity (PI) market for construction is particularly challenging at the moment. Underwriters have been losing money for several years and contractors are finding their business in a high degree of stress because PI is such an important class of business for them, almost a ‘licence to trade’. They have contractual responsibilities to provide this insurance so the availability of it is critical to continue their business operations.

Andrew Harrison-Sleap, PI Team Head at JLT Specialty provides a state of the construction professional indemnity (PI) market update in the videos below.

  • Highlights
  • Capacity and Pricing
  • Tips for renewal
  • State of the Construction PI market update - Highlights

  • Construction PI market update - Capacity and pricing

  • Construction Pi market update – Tips to help prepare for a renewal

 

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Andrew Harrison-SleapTalk to an expert

For further information please contact Andrew Harrison-Sleap, PI Team Head on +44 (0)20 7528 4711.