The FCA have warned insurers to value insured assets properly both in personal and commercial lines.

(Article by Insurance Business UK - January 2023)

"The representative body hopes that its new clause will provide underwriters with ‘greater confidence to offer effective insurance solutions’ to firms that are working to remove dangerous cladding from high-rise buildings.

The International Underwriting Association (IUA) has published a new model insurance clause that covers fire safety risks."

(Insurance Times - September 2022)

"Materials cost index reveals rising costs and added pressures

Commercial property premiums could rise next year as latest data reveals the soaring costs of materials.

Construction material costs in the UK have reached a 40-year high based on the annual growth of the index."

(Insurance Times - December 2021)