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Mint Insurance Brokers Ltd Mint Insurance Brokers Ltd

IUA TACKLES HIGH-RISE FIRE SAFETY RISKS WITH NEW MODEL INSURANCE CLAUSE

"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)

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Mint Insurance Brokers Ltd Mint Insurance Brokers Ltd

FIRE SAFETY REFORM AND PI WITHDRAWAL CREATES ‘EXISTENTIAL MOMENT FOR THE INSURANCE INDUSTRY’

“Four years on from the Grenfell Tower fire, industry experts debate the draft Building Safety Bill and what has been done so far to address fire safety

Hikes in insurance premiums only add to the financial stress of the fire safety problems that were exposed after the Grenfell Tower fire in 2017, according to Neil O’Connor, director of building safety policy at the ABI and part of the Ministry of Housing Communities and Local Government (MHCLG).”

(Insurance Times - July 2021)

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