News & Views
As its name would suggest, an Estimated Maximum Loss (EML) is an estimate only based on previous losses and there is no exact formula that insurers use to arrive at this figure.
Read More...Growth in the use of Modern Methods of Construction (MMC) is happening at a time of market change, and although it is a fundamental driver behind the MMC revolution, Modern Methods of Construction is not just about offsite fabrication.
Read More...As with most things in life, simplifying the tedious tasks can free up invaluable time which can be spent on the more enjoyable things. With the fast paced nature in which the construction industry operates, we understand that the most important asset a company in this sector can have is time, and how your time is managed can have a huge impact on the success of your business.
Read More...Many project owners usually rely on their building contract in the event of late delivery. This contract passes the risk over to the contractor, who will then be liable for the liquidated or ascertained damaged (LADs) incurred as a result of the delay.
Read More...The last 24 months have been interesting and challenging for insurers, brokers and clients alike. Grenfell is continuously used as a prime example of why renewals are trickier and more time-consuming for professions which have any exposure to cladding and/or fire engineering.
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