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Confederation Comment - PI Insurance not working for UK Construction

 

  

 

PI Insurance  – Not working for UK Construction

October 2019

Massive hikes in Professional Indemnity (PI) Insurance premiums and in excesses, coupled with  changes to insurance terms - including additional exclusions from cover, the removal of existing extensions - such as fitness for purpose coverage, and the increasing of onerous conditions in P I Insurance is forcing sub-contractors to turn work down or even in some cases go out of  business... 

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