The Irish Examiner reports today that fire engineers, in particular, are being refused Professional Indemnity (PI) insurance cover. Cork-based broker Martin Adams says that he is having major difficulty in getting professional indemnity renewal for his fire engineer clients. Professional indemnity insurance premiums in the construction sector have been on the rise in recent years in the UK. The result has been an increase in professional indemnity premiums of up to 800% over that period, the trade magazine reports. That gets the insurance companies off the hook but could leave the certifier personally liable.”Construction industry bodies have made representations to the Government about the growing problems around professional indemnity insurance.

Source: Irish Examiner April 28, 2021 05:30 UTC