Latent Defects insurance is ever changing and becoming much more of an upfront consideration during the budgeting process than it has been, when previously it was often seen as an afterthought.
To provide insight into Latent Defects insurance, we caught up with Joe Gooden from BuildZone, a leading residential Latent Defect policy provider, have commented on the current state of the inherent defect and building warranty market, which remains turbulent.
The Fire Protection Association has recently published the 10th Edition of its Joint Code of Practice on the Protection from Fire of Construction Sites and Buildings Undergoing Renovation (JCOP). This replaces the previous edition published in October 2015. Whilst the scope of the JCOP covers projects with an original contract value above £2.5m, the general principles can be applied to any construction project.
As we head towards 2023, there are real questions as to what lies ahead for the construction sector. Earlier this year, we saw royal assent being given to the Building Safety Act, which brings with it significant changes to the operational, insurance and liability environment for anyone working in construction in England, as well as impacting those with projects in Wales, Scotland and Northern Ireland…
The Griffiths & Armour Construction Insurance team are pleased to have once again worked alongside HUB Residential to place the project insurances for another fantastic residential development, Queen’s Quarter.
Amidst ongoing economic pressures, there has been an increase in the use of insurance bonds (Surety) in the insurance industry, in particular, on construction projects, due to an increase in security requirements such as a surety bond or guarantee, for contractual obligations.
Griffiths & Armour is pleased to announce that Tanya Winstanley has been appointed as Partner and also Director of Griffiths & Armour (Holdings) Limited following FCA regulatory approval…
Locations
Liverpool
12 Princes Parade, Princes Dock,
Liverpool, L3 1BG
0151 236 5656
London
4th Floor, 6 Gracechurch Street,
London, EC3V 0AT
0203 409 8571
Manchester
14th floor, Chancery Place, 50 Brown Street, Manchester, M2 2JT
0161 817 4450
Dublin
Frascati Hall, Sweetman’s Avenue, Blackrock, Co. Dublin, Ireland
+353 (0) 1 902 6769
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