On behalf of the
MHCLG Industry Response Group (IRG), CIC launched a survey, supported by the
other industry partners, BuildUK and CPA, in early 2018 to gather data on the
impact of insurance on the sector in the wake of the Grenfell Tower fire.
The survey sought to
understand the extent to which terms for professional indemnity and other forms
of insurance are being revised in the aftermath of the fire; and whether this
would make it difficult for some organisations to continue to be involved in
areas that are deemed higher risk.
It is now essential
to run an updated survey to assess the situation following a full year since
the Grenfell Tower fire, to capture all the renewals which have taken place
since the tragedy.
The survey is
intended to continue to help industry and government understand the extent of
this problem and how it could impact the capacity of the sector.
CIC Chief Executive,
Graham Watts said: “We need widespread engagement to get the fullest picture
possible about the effect that the Grenfell Fire has had on Industry capacity
and costs. It is important that every business participates even if
you may have responded to the earlier survey.”
We would be grateful
if could spare a few minutes to respond to the survey by clicking here. Even if you
completed the earlier version as new questions have been added to enable us to
get a more detailed picture. All responses are anonymous.
