CLC launches industry poll to track impact of PI insurance crisis

摘要

Companies from across the UK construction industry are being asked to take part in the biggest ever review of construction's growing professional indemnity (PI) insurance crisis. In recent years, firms from across the industry have reported sharp increases in premiums for PI insurance, while also seeing stricter curbs on the levels of cover. Some firms have reported four-fold increases in policy costs, while others have said that they can no longer secure cover.