Construction

Tuesday 25th October 2022
Construction podcast

Great Conversations: Neon Mavromatis, Managing Director – Construction, and Brendan Sharkey, Head of Construction and Real Estate at MacIntyre Hudson, discuss insurance issues within the construction sector. They cover the following:  The PI Market Cyber Security Trade Credit Unoccupied Property Flooding     Listen to the podcast > We hope you find this podcast useful and informative, […]

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Tuesday 4th October 2022
New fire safety insurance clause protects high-rise cladding repairs

The International Underwriting Association (IUA) has published a new fire safety insurance clause that insures cladding work completed under the government’s Building Safety Fund. The IUA, in collaboration with the Department for Levelling Up Housing and Communities (DLUHC), created a wording that protects against fire risks. The clause covers work completed under the government’s £4.5bn Building Safety […]

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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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Wednesday 22nd June 2022
Construction growth slows for the first time in five months

Neon Mavromatis, Managing Director, Construction, summarises the latest data from The Office of National Statistics (ONS) regarding monthly construction growth.  Construction output has fallen after five consecutive months of growth, figures from the Office for National Statistics (ONS) reveal. Monthly construction output decreased by 0.4% in volume terms in April 2022; this is the first monthly […]

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Monday 11th April 2022
Trade Credit insurance – secure trading in uncertain times

The UK construction industry has shown remarkable resilience in dealing with the economic uncertainty of several unprecedented events such as Brexit and Covid-19; with the devastating conflict in Ukraine prolonging this period of financial insecurity, many firms are now looking to the insurance industry for extra protection. Trade Credit insurance has become a lifeline for […]

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