As we approach the end of the year, Neon Mavromatis, Managing Director, Construction, reflects on the construction sector’s performance during 2022.
Great Conversations: Neon Mavromatis, Managing Director – Construction, and Brendan Sharkey, Head of Construction and Real Estate at MacIntyre Hudson, discuss insurance issues within the construction sector. They cover the following: The PI Market Cyber Security Trade Credit Unoccupied Property Flooding Listen to the podcast > We hope you find this podcast useful and informative, […]
The International Underwriting Association (IUA) has published a new fire safety insurance clause that insures cladding work completed under the government’s Building Safety Fund. The IUA, in collaboration with the Department for Levelling Up Housing and Communities (DLUHC), created a wording that protects against fire risks. The clause covers work completed under the government’s £4.5bn Building Safety […]
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 […]
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 […]
