Tag: Insurance
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How is building safety impacting insurance premiums in construction?
Overall, the limits to cover are at more viable levels, although, given the cost of premiums, higher limits may remain out of reach for some. However, the exclusions and/or restrictions for cladding and/or fire safety related claims still remain. There is also the difficulty that certain professions, such as managing agents, have in obtaining cover. …
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How Steel Commercial Buildings Reduce Insurance Costs
In today’s competitive business landscape, every penny counts. One often overlooked area for potential savings is commercial insurance. While it’s a necessary expense, there are ways to mitigate those costs, and choosing the right building material plays a significant role. Steel commercial buildings offer a compelling case for lower insurance premiums thanks to a combination…
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The Importance of Construction and Engineering Insurance for Independent Firms
In recent months, the construction industry in the UK has experienced huge growth, and alongside a boom in manufacturing this has triggered a widespread economic recovery. Business owners in the sector will have been concerned to learn that this growth has stalled in the last month, as construction expanded at its slowest pace in more…