Industry poll to track impact of PII insurance crisis
Companies across the built environment sector are being asked to take part in the Construction Leadership Council's (CLC) survey on professional indemnity insurance.
The survey was carried out last year in response to firms from across the industry reporting sharp increases in premiums for PI insurance, while also seeing stricter curbs on the levels of cover.
Some firms have reported they can no longer secure cover, the Construction Leadership Council says.
Multiple factors for this include a response to higher historic claims from the sector, as well as a cyclical hardening of the insurance market.
The CLC is once more seeking responses to continue to provide government with data to support the industry's request for help in this area, particularly among the SME sector and to address the slowing pace of necessary remedial work.
The survey is confidential and you can participate at www.surveymonkey.co.uk/r/7CJMDG8.
It is live until 29 April 2022 and details of the results will be published by the CLC.