Building Safety

PI Insurance Challenge For Fire Risk Assessors

Fire Risk Assessors are still facing challenges in securing Personal Indemnity Insurance.

The Fire Sector Federation has recently raised awareness again of the challenges faced by Fire Risk Assessors when trying to secure Personal Indemnity Insurance. There appears to be a reduction in liability cover, as exclusions for external cladding and fire related matters are now commonplace. Alongside these challenges, some risk assessors have reported a ten-fold increase in their premium costs. A reported increase in annual premiums from £3,000 a few years ago to £38,000 currently, is a huge issue being faced by all Fire Risk Assessor. This extremely complex could cause a decline in available building safety expertise, and the fIre Federation is remaining active to try to resolve this issue. 

We will update this blog with any new information when it is released. 

London Skyline

Comments are closed.