"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)

“The lettings industry is facing a ticking time bomb over fire risk in residential blocks, a new report has highlighted just a few days before the government’s post-Grenfell Fire Safety Bill becomes law.

Services giant JLA, which has drawn up the lengthy report into competency and attitudes to fire risk across several industries including property management, says it found that despite being seen as a reliable source of information for advice, 22.2% of estate agents and letting agents admitted to not knowing how to carry out a full fire risk assessment.

This figure is all the more shocking given the current national debate around safety in residential blocks following the Grenfell Tower tragedy..”