The construction industry is instrumental in developing sustainable solutions to the environmental challenges presented by climate change, but it is also exposed to environmental pollution risks.
Recent news stories about QBE exiting the construction bonds market has caused a bit of a stir in the bonds market, but the capacity for construction bonds remains strong.
Case study: We reviewed our client’s professional indemnity insurance (PI) for professional services because they had faced significant premium increases and restricted cover during the hard market.
The use and importance of construction trade credits increased during the prolonged financial crisis, where profits and new business opportunities have resulted in poorer cash flow for many.
Hannah Sewell-Moore, Surety Manager, Kerry London provides insight into how surety bonds can provide additional financial protection for construction projects of all sizes. Bonds guarantee project completion if the contractor cannot finish it, making them extremely valuable to project owners/employers. There’s no doubt that construction bonds are an invaluable asset to any construction project, particularly […]
