News

Tuesday 16th August 2022
UK company directors face increased individual accountability

The UK Directors & Officers (D&O) insurance market has seen a lot of change over the last few years. A rise in class actions against companies, more stringent regulation and greater levels of individual senior executive responsibility have created a more volatile market and resulted in price increases. Almost £500m of fines were given to […]

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Monday 8th August 2022
Surety Bonds: Stability through economic turmoil

Just as the construction market thought that 2022 would mark a return to normality, the Office for National Statistics (ONS) Statistics warned that consumer price inflation hit 9 per cent in the year to April. The Bank of England also warned that the cost of living is expected to rise further this year. Sterling Advisory’s […]

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Thursday 4th August 2022
Construction grows for the seventh month in a row

The construction industry achieved record growth of 1.5 per cent during May due to a surge in new commercial work. Data published by the Office for National Statistics (ONS) shows that growth in the construction industry increased from £100.8m in April to £102.3m in May. Despite a prolonged spell of challenging economic conditions, the industry […]

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Monday 25th July 2022
Cyber Q&A with Neon Mavromatis, Managing Director – Construction, Kerry London

Q: What’s the current state of the cyber market? Has demand for this kind of protection increased over the last few years? A: Many businesses still don’t have cyber cover in place, despite the massive growth of cyber-attacks. Increased connectivity has significant financial benefits for businesses, but it also brings greater exposure to various cyber […]

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Thursday 30th June 2022
Professional Indemnity (PI) Q&A with Neon Mavromatis, Managing Director, Construction, Kerry London

Q: The PI market has gone through a difficult couple of years with premium increases, is this situation continuing, or have things improved? A: So far this year, we are starting to see professional indemnity (PI) premiums levelling out. While rates are not going down, we are not seeing the significant spike in rates that […]

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