The IHBC’s heritage business register HESPR – our Historic Environment Service Providers Recognition quality assurance scheme for heritage services – emails members weekly ‘News and Tender Alerts’, with Building reporting that: ‘Nearly one third of firms have lost jobs because of inadequate PI insurance’.
… survey carried out by the Construction Leadership Council…
… sharp increases in premiums for PI insurance…
Jordan Marshall writes in Building:
Companies unable to get cover required as findings reveal premiums went up fourfold at last renewal.
Almost one in three firms have lost jobs because of inadequate professional indemnity insurance, according to a survey carried out by the Construction Leadership Council.
Firms across the industry have reported sharp increases in premiums for PI insurance as well as stricter curbs on the levels of cover – with the survey finding the restrictions meant a third of respondents were unable to carry out remedial work.
…IHBC’s PI scheme for members from MFL Affinity…
See the IHBC’s PI scheme for members from MFL Affinity – main sponsors for the IHBC’s Brighton 2021 School – at https://ihbc.org.uk/join/pins/index.html and https://www.m-f-l.co.uk/specialist-divisions/mfl-affinity/ihbc/
To find out more on HESPR see our ’Find Services’ or explore our ‘Join HESPR’ sections.
See more IHBC and HESPR news on IHBC’s Conservation Wiki
For more on HESPR and how to become a HESPR member see hespr.ihbc.org.uk
For a free promotion of your tendering opportunities and work needs to the IHBC’s HESPR members, please send details and links to Joanna at contact@ihbc.org.uk, as soon as possible.
Tenders can also be advertised for a fee with IHBC Jobs etc, including a targeted email to 2000+ recipients as well as full coverage on our NewsBlog alerts and social platforms (membership and followers c.25,000) and websites with c. 250,000 visits a month. Contact Joanna at contact@ihbc.org.uk
