Insurance in the construction sector: Challenges in 2024, the state of the insurance market and top tips for your renewal

INSURANCE IN THE CONSTRUCTION SECTOR: CHALLENGES IN 2024, STATE OF THE INSURANCE MARKET, AND TOP TIPS FOR YOUR RENEWAL

Speakers:      

• Richard Woodley: Founder & CEO, Legacy First Insurance Services                   
• Stephen James: Partner, Clarkslegal LLP

When:             Tuesday 19^th March 2024

Location:        Clarkslegal Offices, 5^th Floor Thames Tower, Station Road, Reading, RG1 1LX

Timings:        

5.00pm – Registration and Networking. 

5.30pm – Presentation and Q&A

6.30pm – Close

With insurance being an integral part of every construction contract and relevant to all businesses operating in the sector, CE Berkshire would like to invite you to attend a presentation covering the state of the Construction Insurance Market and current challenges being faced.

Our guest speakers will cover matters including:

• -        The impact of ever-changing economic and regulatory conditions on the availability of insurance and premiums
• -        General state of the insurance market including insight into the reasons giving rise to the recent “hard market” conditions
• -        Company insolvencies and claims against insurers as a result of the Third-Party Rights Against Insurers Act 2010
• -        Increasing pressure to access the Building Safety Fund
• -        Increased limitation periods under the Building Safety Act 2022
• -        The threat of Building Liability Orders against solvent entities
• -        Fiduciary duties of an Insurance Broker
• -        Top tips for insurance renewal

There will be ample opportunity for Q&A with our speakers.  

Refreshments: Tea, coffee and biscuits.

CE Berkshire hopes that you will find this event both relevant and beneficial, and very much looks forward to seeing you there.