Professional indemnity insurance in construction
In June 2021, the Construction Industry Coronavirus (CICV) Forum published Professional indemnity insurance in construction.
The free guide outlines the state of the insurance market, the precautions firms should take and the pitfalls they face. It covers subjects ranging from extending liability to contractual liability, the nature of PII cover, insurance limits, obligations under ancillary documents and risk management.
It acknowledges that a variety of reasons have contributed to the significant increase in the cost of PII while businesses have experienced reductions in the scope of cover. It explains how market attitudes have changed following a number of incidents, including:
- A review of unprofitable insurance classes by Lloyds of London.
- Advances in the size and complexity of the design and construction process.
- Businesses taking on higher levels of risk.
- The effects of the Grenfell tragedy.
- A series of global natural disasters.
The CICV Forum was established in March 2020 to bring together the main construction trade and professional bodies for the purpose of gathering intelligence, sharing advice and speaking directly to the Scottish Government on issues affecting members during the COVID-19 pandemic of 2020/2021. Its membership includes representatives from 29 trade associations, professional services bodies and companies.
[edit] Related articles on Designing Buildings Wiki
- Coronavirus and the construction industry.
- Indemnity.
- Insurance.
- Professional indemnity insurance PII.
- Professional Indemnity Insurance clause in conditions of engagement.
- Professional indemnity insurance in Scotland.
- Professional indemnity insurance life cycle.
[edit] External resources
Featured articles and news
CLC and BSR process map for HRB approvals
One of the initial outputs of their weekly BSR meetings.
Building Safety Levy technical consultation response
Details of the planned levy now due in 2026.
Great British Energy install solar on school and NHS sites
200 schools and 200 NHS sites to get solar systems, as first project of the newly formed government initiative.
600 million for 60,000 more skilled construction workers
Announced by Treasury ahead of the Spring Statement.
The restoration of the novelist’s birthplace in Eastwood.
Life Critical Fire Safety External Wall System LCFS EWS
Breaking down what is meant by this now often used term.
PAC report on the Remediation of Dangerous Cladding
Recommendations on workforce, transparency, support, insurance, funding, fraud and mismanagement.
New towns, expanded settlements and housing delivery
Modular inquiry asks if new towns and expanded settlements are an effective means of delivering housing.
Building Engineering Business Survey Q1 2025
Survey shows growth remains flat as skill shortages and volatile pricing persist.
Construction contract awards remain buoyant
Infrastructure up but residential struggles.
Home builders call for suspension of Building Safety Levy
HBF with over 100 home builders write to the Chancellor.
CIOB Apprentice of the Year 2024/2025
CIOB names James Monk a quantity surveyor from Cambridge as the winner.
Warm Homes Plan and existing energy bill support policies
Breaking down what existing policies are and what they do.
Treasury responds to sector submission on Warm Homes
Trade associations call on Government to make good on manifesto pledge for the upgrading of 5 million homes.
A tour through Robotic Installation Systems for Elevators, Innovation Labs, MetaCore and PORT tech.
A dynamic brand built for impact stitched into BSRIA’s building fabric.
BS 9991:2024 and the recently published CLC advisory note
Fire safety in the design, management and use of residential buildings. Code of practice.