News

Monday 8th August 2022
Surety Bonds: Stability through economic turmoil

Just as the construction market thought that 2022 would mark a return to normality, the Office for National Statistics (ONS) Statistics warned that consumer price inflation hit 9 per cent in the year to April. The Bank of England also warned that the cost of living is expected to rise further this year. Sterling Advisory’s […]

Read article
Thursday 4th August 2022
Construction grows for the seventh month in a row

The construction industry achieved record growth of 1.5 per cent during May due to a surge in new commercial work. Data published by the Office for National Statistics (ONS) shows that growth in the construction industry increased from £100.8m in April to £102.3m in May. Despite a prolonged spell of challenging economic conditions, the industry […]

Read article
Monday 25th July 2022
Cyber Q&A with Neon Mavromatis, Managing Director – Construction, Kerry London

Q: What’s the current state of the cyber market? Has demand for this kind of protection increased over the last few years? A: Many businesses still don’t have cyber cover in place, despite the massive growth of cyber-attacks. Increased connectivity has significant financial benefits for businesses, but it also brings greater exposure to various cyber […]

Read article
Thursday 30th June 2022
Professional Indemnity (PI) Q&A with Neon Mavromatis, Managing Director, Construction, Kerry London

Q: The PI market has gone through a difficult couple of years with premium increases, is this situation continuing, or have things improved? A: So far this year, we are starting to see professional indemnity (PI) premiums levelling out. While rates are not going down, we are not seeing the significant spike in rates that […]

Read article
Wednesday 22nd June 2022
Construction growth slows for the first time in five months

Neon Mavromatis, Managing Director, Construction, summarises the latest data from The Office of National Statistics (ONS) regarding monthly construction growth.  Construction output has fallen after five consecutive months of growth, figures from the Office for National Statistics (ONS) reveal. Monthly construction output decreased by 0.4% in volume terms in April 2022; this is the first monthly […]

Read article