We are excited to confirm that members of the Griffiths & Armour Construction and Professional Indemnity insurance teams are looking forward to attending the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) this year, in Leeds City Centre at the Royal Armouries.

What is UKREiiF?

The UK’s Real Estate Investment and Infrastructure Forum is a 3-day event running from 21 – 23 May 2024.

Returning for the third year to Leeds, the Real Estate event focuses on public and private sector engagement and brings together investors, local government, developers, contractors and consultants from all regions of the UK to highlight growth, regeneration and development opportunities.

Led by the UK’s leading property events company Built Environment Networking and supported by some of the biggest UK property and infrastructure companies, UKREiiF is a fantastic networking opportunity allowing those working in the built environment sector to gain valuable market insight and knowledge of relevant key topics by way of the many seminars and fringe events.

What kind of challenges is the UK construction industry currently facing?

The UK’s construction industry faces several challenges:

1. Sustainability Drives: The industry is expected to adopt sustainable methods and materials to ensure the UK can meet its 2050 Net Zero pledges and meet companies ESG targets. Unfortunately, many of these methods and materials are not cost effective when compared to traditional construction and this paired with the inflexibility of the British Standards construction regulations means adopting these methods and materials is often in practice a significant issue for project teams.
2. Economic Landscape: Managing risks associated with labour shortages, retention of skilled works, recession and the ever growing number of insolvencies the UK construction market has seen and will face for the foreseeable.
3. Changes in the Legal Landscape: Staying informed about updates to the Building Safety Act to uphold compliance and safety standards and the additional onus and liability the Act has placed on many involved in the sector.

Having the correct insurance programme and advisors in place for your construction project creates certainty, helps manage costs, builds stakeholder confidence and helps you manage the risks you face.

How can Griffiths & Armour help?

The Griffiths & Armour team look forward to meeting with  delegates in Leeds, this promises to be a great opportunity to explore new sectors and make new connections.

The team welcome the opportunity to discuss:

• New construction projects,
• Building sustainably,
• The use of timber,
• The Building Safety Act,
• Modern methods of construction and;
• Latent Defects.

Also, as insurers may take a selective approach to certain PI risks, we can advise upon topical Professional Indemnity matters including fire safety, availability of cover and provide an up-to-date view of the Professional Indemnity insurance market.

Our team has a wealth of experience in arranging bespoke insurance programmes for a range of construction projects and can assist on all aspects from the point of planning to completion.

To arrange an informal discussion, please reach out to Gina Charles and Emma Snelson in our Construction team.